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Ghana's Industrialization On Course-Akufo-Addo

Sat, 5 Aug 2023 Source: SpinnerWeb

President Nana Addo Dankwa Akufo-Addo has reaffirmed his administration's determination to transition from a raw material production and exporting economy to an advanced, industrialized economy.

Before COVID-19 and the horrors of the Russia-Ukraine war, in his opinion, all economic indicators were pointing toward achieving this objective.

The president expressed regret over the economy's continued colonial structure, which he claimed still had a negative impact on the nation, but expressed confidence that the nation was ready for an industrial boom.

This was stated by President Akufo-Addo on Friday, August 4, during a speech he gave to senior citizens at a banquet held in their honor to commemorate this year's Founders' Day.

Vice President Dr. Mahamudu Bawumia attended the event, which was held at the Jubilee House.

Source: SpinnerWeb