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First with the News

Ghana: Govt Working To Revive Economy – Akufo Addo

May 1, 2023
in Top Stories, World
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President Akufo-Addo Didn't Attack Buhari, Nigerians - Ghana Explains

President Akufo-Addo of Ghana.

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By Ebi Kesiena

President Nana Akufo-Addo of Ghana has disclosed that his administration is incessantly working to turn around the ailing economy.

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Akufo Addo noted this during his speech on May Day celebration in Bolgatanga.

The President assured that the government is tirelessly engaging the International Monetary Fund (IMF) to secure board approval for Ghana’s $3 billion bailout to address the current economic crisis.

“We continue to work tirelessly to complete all prior actions required to present Ghana’s request to the IMF’s integrity board for approval. We have also made substantial progress on the debt exchange program as well as our engagements with bilateral creditors to secure the financing required for the IMF program,” President Akufo-Addo said.

Workers across the globe are marking labor day, Monday, May 1 with Ghanaians also observing this celebration under the theme: ‘Protecting Incomes and Pensions in an era of economic crises: our responsibility’.

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