President Remains Optimistic About Ghana’s Economic Recovery

President of the Republic, Nana Addo Dankwa Akufo, says he remains resolutely optimistic about the country’s economic recovery and its future, in spite of the prevailing economic challenges which he says have evidently compromised the state of the nation’s finances.

Addressing senior citizens at the foyer of the Accra International Conference Centre (AICC), at the Founders’ Day luncheon in honour of senior citizens, on Thursday, President Akufo-Addo, noted that he remains confident in the can-do spirit of the Ghanaian people and he is motivated by same to continue steering the affairs of State in order to resolve the current economic challenges.

“Since the attainment of independence 65 years ago, we have bemoaned the fact that our nation has not left up to its vast potential and countries, especially those in south-east Asia such as Korea and Malaysia which gained their independence at the same time as we did have outstripped us in terms of development”.“In spite of the many obstacles that we have had to seamount including prolonged periods of instability and military rule, fueled by several coup d’états, one thing I continue to be proud of is the can-do spirit of the Ghanaian and our determination not to be backed down by events and allow the circumstances and challenges of today to shape our collective future” President Akufo-Addo said.

The President reiterated the position of his government that recent challenges such as the COVID-19 pandemic and the Russian invasion of Ukraine, have compromised” the country’s economy. His government, he noted, has, however, outlined a series of measures including seeking the assistance of the International Monetary Fund in the short term, to help repair our finances”.

“I am confident that we will revive and revitalize the economy and put our nation back on the path of rapid economic growth, a scenario we had become accustomed to in the last three immediate years before the pandemic struck,” Akufo-Addo said. “This is a solemn pledge I am making to you. I remain resolutely optimistic about Ghana’s future which I continue to believe is bright” he added.

President Akufo-Addo disclosed that his administration has decided to confer national awards on Ghanaians who distinguished themselves in various fields of endeavour.

“I have honoured certain citizens who distinguished themselves in service to mother Ghana, in particular, in the roles they played in combating the COVID-19 pandemic which helped preserve our population and won for our nation global praise”.“The formal ceremony where I confer the awards will take place at a later date” President Akufo-Addo said.

The first category of the awards which is the “Order of the Volta Companion” goes to 16 members of the national COVID-19 task force, 12 trustees of the Ghana COVID-19 private sector fund and the inventor of the veronica bucket. 

“13 Ghanaians have been presented with the order of the Volta and member award for strategic and individual leadership. For operational excellence, 57 Ghanaians, including selected health sector workers, personnel from the Ghana Education Service, the Local Government Service and Security Services, have been awarded the grand medal” “The second category of awards, that is the “Presidential Award of Honour for Meritorious Service” has been presented to a total of 19,752 individuals comprising frontline and allied health workers 32 religious bodies and institutions, 8 members of the COVID-19 National Trust Fund”. The remaining recipients according to the President, are; “58 members of the technical support team of the COVID-19 private sector fund and 26 companies who changed their production lines to manufacture hand sanitisers to lessen our dependence on foreign imports”.

The President further noted that the country “will also express the gratitude of the nation to the legal team, who made sure that the maritime boundary dispute with Cote D’Ivoire, ended favourably for Ghana, and ensuring that Ghana’s western maritime resources remained in its possession.

“I, therefore, confer the honour of the Volta companion on 12 members of the legal team and 19 other members of the team, have also been awarded the Presidential award of honour for meritorious service”

The Vice President, Dr Mahamudu Bawumia, the Chief of Staff, Madam Frema Akosua Osei Opare, Members of the Council of State, some ministers of State and senior government functionaries attended the event.

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