Follow us

    • Home
    • Politics
    • Science
    • News
    • World
    • Business
    • National
    • Sports
    • Entertainment
    • Lifestyle
    • Travel
    • Opinion
    • Tech
    Monday, December 11, 2023
    27 °c
    Labadi
    28 ° Mon
    28 ° Tue
    28 ° Wed
    28 ° Thu
    • Login
    • Register
    The New Crusading Guide Online
    • Home
    • Politics
    • News
    • Africa
    • World
    • Business
    • Lifestyle
    • Tech
    • Entertainment
    • Your News
    • More News
    No Result
    View All Result
    • Home
    • Politics
    • News
    • Africa
    • World
    • Business
    • Lifestyle
    • Tech
    • Entertainment
    • Your News
    • More News
    No Result
    View All Result
    The New Crusading Guide Online
    No Result
    View All Result
    Home Ghana National

    Fallout From Ravaging C-Virus Pandemic: Economy Rebounding Faster Than Envisioned -Nana Akufo-Addo

    September 15, 2021
    in National, News, Politics
    Reading Time: 2 mins read
    A A
    0
    Fallout From Ravaging C-Virus Pandemic: Economy Rebounding Faster Than Envisioned -Nana Akufo-Addo
    6.5k
    SHARES
    7.5k
    VIEWS
    Share on FacebookShare on Twitter
    ADVERTISEMENT

    The President Nana AddoDankwaAkufo-Addo, says Ghana’s economy rebounding faster from the ravages of COVID-19 than envisioned, following a slow rate of growth in 2020.

    Speaking at the maiden edition of the Presidential Business Support, on Tuesday, 14th September 2021, at the Kempinski Hotel, President Akufo-Addo noted the support offered by the private sector, coupled with effective management of the COVID-19 crisis by Government, have seen the Ghanaian economy outperforming her peers, and rebounding faster than envisioned.

    “After recording negative growth in the second and third quarters of 2020, the economy recovered strongly in the fourth quarter of the year, and well into the first and second quarters of 2021, registering an impressive growth rate of 3.1% in the first quarter of this year, and 8.9% in the second quarter,” he said.

    The President continued, “The strong rebound in growth, low inflation rates, the stable currency, the strong reserve position, and FDI flows are clear indicators of our collective desire to restore the Ghanaian economy onto a path of sustained stability and growth. We will continue to strengthen and deepen our engagement with the private sector towards realizing this goal.”

    Related posts

    Akuapem Chiefs Root For Sammi Awuku

    Akuapem Chiefs Root For Sammi Awuku

    December 11, 2023
    7.5k
    Abetifi Grateful To Bryan Acheampong   …For construction of Police station 

    Abetifi Grateful To Bryan Acheampong  …For construction of Police station 

    December 11, 2023
    7.5k
    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

    December 11, 2023
    7.5k
    MASLOC CEO Honored   …With Driving Business Excellence Award 

    MASLOC CEO Honored  …With Driving Business Excellence Award 

    December 11, 2023
    7.5k

    Towards the growth of the Ghanaian economy, President Akufo-Addo told the gathering that, since 2017, Government has implemented policies and programmes that led to consistent economic growth averaging 7%, making Ghana one of the world’s fastest growing economies.

    Ghana, he stressed, has become the leading recipient of foreign direct investments (FDI) in West Africa, and one of the most attractive investment destinations on the continent of Africa.

    However, following the onset of COVID-19, which disrupted the global economic order, the President stated that the pandemic eroded the significant gains made by the Government in the management of the economy.

    “That notwithstanding, we were one of the few economies in the world to have recorded positive growth, as the global economy went into recession. We have taken bold measures necessary to stem the risk of a recession, mitigate the negative economic impact of the pandemic, and significantly reduce its burden on our population,” he said.

    Explaining the rationale for the holding of the Summit, President Akufo-Addo indicated that these consultative engagements with the private sector have been convened as part of the Government’s Public Private Dialogue (PPD) framework, to help improve the business environment in the country.

    Government, he explained, fully recognizes that it is the resilience and ingenuity of the private sector that can guarantee economic growth, create substantial job opportunities for Ghanaian youth, and strengthen the country’s position as an economic powerhouse in West Africa.

    “Consequently, I have directed Ministers and relevant heads of state institutions to participate actively and fully in this important Summit, and ensure that there is constructive dialogue between Government and the private sector towards realising our vision of a Ghana Beyond Aid,” the President said.

    Re-echoing Government’s commitment to the structural transformation of the Ghanaian economy, he indicated that, since 2017, Government has launched a comprehensive and ambitious programme for industrialization, based on the Ten Point Industrial Transformation Plan, the implementation of which is being coordinated by the Ministry of Trade and Industry.

    “This Plan, amongst others, includes the One District One Factory (1D1F) initiative, the new Strategic Anchor Industries programme, designed to diversify our economy beyond cocoa and gold, the development of industrial parks and special economic zones, the development of small and medium-scale enterprises (SMEs), and the establishment of Business Resource Centres (BRCs) and Technology Solution Centres (TSCs) in various parts of the country,” he said.

    Related

    Share2593Tweet1621SendShare

    Get real time update about this post categories directly on your device, subscribe now.

    Unsubscribe
    News Desk

    News Desk

    Related Posts

    Akuapem Chiefs Root For Sammi Awuku
    More News

    Akuapem Chiefs Root For Sammi Awuku

    December 11, 2023
    7.5k
    Abetifi Grateful To Bryan Acheampong   …For construction of Police station 
    Ghana

    Abetifi Grateful To Bryan Acheampong  …For construction of Police station 

    December 11, 2023
    7.5k
    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024
    Business

    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

    December 11, 2023
    7.5k
    MASLOC CEO Honored   …With Driving Business Excellence Award 
    Business

    MASLOC CEO Honored  …With Driving Business Excellence Award 

    December 11, 2023
    7.5k
    Parliament’s Mines &Energy Committee Lauds NPA’s Moves 
    Ghana

    Parliament’s Mines &Energy Committee Lauds NPA’s Moves 

    December 11, 2023
    7.5k
    Corruption at the Passport Office Ghana: The Regular Ghanaian Experience
    Ghana

    Corruption at the Passport Office Ghana: The Regular Ghanaian Experience

    December 8, 2023
    7.9k
    Facebook Twitter
    • Dr. Stephen Amoah Discovers Formula To Raise Ghana From Economic Doldrums

      Dr. Stephen Amoah Discovers Formula To Raise Ghana From Economic Doldrums

      10964 shares
      Share 4386 Tweet 2741
    • Okyenhene Warns KOANS …To Stay Away From Akyem Lands 

      10428 shares
      Share 4171 Tweet 2607
    • Supreme Court Exposes Estate Developer …Over Fraudulent Judgement Against Jeleel 

      8008 shares
      Share 3203 Tweet 2002
    • Muntaka, Bailiff Showdown @East Lagon Police Station

      7884 shares
      Share 3154 Tweet 1971
    • Twumasiwaa Hospital Killer Grabbed …Detailed Accounts Of How NIB Nabbed Main Suspect Within 48Hrs

      7872 shares
      Share 3149 Tweet 1968
    • Trending
    • Comments
    • Latest
    Dr. Stephen Amoah Discovers Formula To Raise Ghana From Economic Doldrums

    Dr. Stephen Amoah Discovers Formula To Raise Ghana From Economic Doldrums

    June 15, 2022 - Updated on March 20, 2023
    Okyenhene Angry At Forest Invaders

    Okyenhene Warns KOANS …To Stay Away From Akyem Lands 

    July 18, 2022 - Updated on August 23, 2022
    Ecobank Shows Gross Disrespect To Supreme Court

    Supreme Court Exposes Estate Developer …Over Fraudulent Judgement Against Jeleel 

    March 11, 2022
    2018 budget GOV’T TOUTS ECONOMIC GROWTH …But Minority Ridicules Strides

    Muntaka, Bailiff Showdown @East Lagon Police Station

    August 15, 2021
    Alarm Blows!! Over 1,200 Companies Caught Evading Tax, Money Laundering

    Alarm Blows!! Over 1,200 Companies Caught Evading Tax, Money Laundering

    2
    Furious Winds Blow Over NTHC …Customers Up-In-Arms Over Dividends, Investment As Company Limps

    Furious Winds Blow Over NTHC …Customers Up-In-Arms Over Dividends, Investment As Company Limps

    2

    Why Asantehene is a King – A rejoinder

    1
    Ga East MCE Hot  …For Demolishing Properties Belonging to Kwabenya Queenmother

    Queen Mother Floors Ga East MCE In Court …Over Kwabenya Market Lands

    1
    Akuapem Chiefs Root For Sammi Awuku

    Akuapem Chiefs Root For Sammi Awuku

    December 11, 2023
    Abetifi Grateful To Bryan Acheampong   …For construction of Police station 

    Abetifi Grateful To Bryan Acheampong  …For construction of Police station 

    December 11, 2023
    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

    Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

    December 11, 2023
    MASLOC CEO Honored   …With Driving Business Excellence Award 

    MASLOC CEO Honored  …With Driving Business Excellence Award 

    December 11, 2023
    Gettsorted Freelance platform
    ADVERTISEMENT

    Follow us on Instagram

    Follow us on Instagram

      Tweets

      Akuapem Chiefs Root For Sammi Awuku

      Akuapem Chiefs Root For Sammi Awuku

      December 11, 2023
      Abetifi Grateful To Bryan Acheampong   …For construction of Police station 

      Abetifi Grateful To Bryan Acheampong  …For construction of Police station 

      December 11, 2023
      Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

      Ameyaw Akumfi Challenges Bono East NPP PCs To Increase Seats In 2024

      December 11, 2023
      ADVERTISEMENT
      The New Crusading GUIDE is a privately own newspaper in Ghana with Mr Abdul Malik Kweku Baako as its Editor-In-Chief. The Deputy Editor-In-Chief is Anas Aremeyaw Anas, the International undercover investigative journalist. We give you the latest news

      Follow us on Instagram

        Tags

        2018 League Africa airbus Anas apiate apiatse appiate Australia Balinese Culture Bali United bogoso Budget Travel Champions League China Chopper Bike coronavirus corruption Côte d’Ivoire Ebony EC Election Results entertainment Europe Gaza Germany Ghana Israel NDC News North Korea NPP People Portugal Reviews Russia South Africa South Korea Spain Tech Tunisia UK US world Woyome Zimbabwe
        • About
        • Advertise
        • Careers
        • Privacy & Policy
        • Contact
        • About

        © 2022 The New Crusading Online - All rights Reserved. Powered by Uthink.

        No Result
        View All Result
        • Home
        • Politics
        • Science
        • News
        • World
        • Business
        • National
        • Sports
        • Entertainment
        • Lifestyle
        • Travel
        • Opinion
        • Tech

        © 2022 The New Crusading Online - All rights Reserved. Powered by Uthink.

        Welcome Back!

        Login to your account below

        Forgotten Password? Sign Up

        Create New Account!

        Fill the forms below to register

        All fields are required. Log In

        Retrieve your password

        Please enter your username or email address to reset your password.

        Log In

        Add New Playlist

        Manage Cookie Consent
        To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
        Functional Always active
        The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
        Preferences
        The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
        Statistics
        The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
        Marketing
        The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
        Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
        View preferences
        {title} {title} {title}
        This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
        x Logo: Shield Security
        This Site Is Protected By
        Shield Security →