'Mahama's claims of making Ghana fastest-growing economy interesting and surprising' - Gov't

Wed, 30 Oct 2019 Source: Kwabena Danso Dapaah

Attempt by the former President John Dramani Mahama to take credit for Ghana's fastest-growing economy in the world status from the Akufo-Addo led administration has been strongly rejected by the government

"That is interesting and are you not surprised? If John Mahama was able to make the economy the fastest-growing, why the Dumsor during his time, high rate of unemployment and many more?", a Deputy Minister of Information, Hon. Pious Hadzide quizzed on a local radio station in Kumasi monitored by reporter, Kwabena Danso-Dapaah.

A World Bank Report recently named Ghana among the four fastest-growing economies in Africa and other African countries include Ethiopia, Rwanda, and Cote d’Ivoire. Ghana and the three others are currently growing at seven percent.

According to former President John Mahama, the Akufo-Addo government did nothing toward that achievement but only reaping from the previous administration's "hard work".

"It is not true the achievements of the previous regime has made the country as fastest-growing economy. ...why did Ghanaians vote him and NDC out of power? Hon. Pious Hadzide further quizzed during a telephone interview

According to the Chief Economist for Africa at the World Bank, Dr Albert Zeufack, "Africa still hosts four of the fastest-growing economies in the world. Countries such as Ethiopia, Rwanda, Ghana, and Cote d'Ivoire are still growing above seven percent. These countries are not only the growth champions on the continent but also among the fastest-growing economies in the world",

"So, overall, we do have 10 economies in Africa that are still growing above six percent, but it is also important to highlight the three largest economies in Africa — Nigeria, South Africa, and Angola — which are still having extreme difficulty recovering from the recession they experienced over the past two years. Excluding these three economies, the rest of Africa is growing around four percent",

Source: Kwabena Danso Dapaah

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