"NDC HAS NO UNDERSTANDING OF SOCIAL AND ECONOMIC DEVELOPMENT"- PRES. AKUFFO-ADDO
The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the sound management of the Ghanaian economy, coupled with the implementation of a number social intervention programmes, such as the Free Senior High School policy, have exposed the lack of understanding of some elements of the National Democratic Congress on the subject of social and economic development. According to President Akufo-Addo, over the last twenty-three months in office, his administration has overseen a revival of the Ghanaian economy, with growth rates increasing from 3.6% in 2016 to 8.5% in 2017, in addition to a reduction of the fiscal deficit from 9.3% in 2016 to 5.9% in 2017. This has also led to the strengthening of the monetary policy, a reduction in interest rates, and the continuing stability of the cedi. In addition to strengthening the macroeconomic fundamentals of the economy, the President noted that his Government has decided to develop the human capital of the country, if the country ...