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Hot Fm Ghana > Politics > President Akufo-Addo highlights economic revival, assures smooth power transition
PoliticsTop stories

President Akufo-Addo highlights economic revival, assures smooth power transition

Micheal N C Botchway
By Micheal N C Botchway
Published: August 9, 2024
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Nana Addo Dankwa Akufo-Addo
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In a recent address, President Nana Addo Dankwa Akufo-Addo underscored the positive impact of the government’s comprehensive strategy to revive Ghana’s economy following the dual challenges of the COVID-19 pandemic and the Russia-Ukraine war.

Speaking at a swearing-in ceremony for new envoys at the Jubilee House in Accra, the President revealed that the nation’s economy has grown from $56 billion in 2016 to $76 billion in 2023.

This expansion, he noted, is a clear sign of significant recovery and resilience.

President Akufo-Addo lauded his administration’s efforts, asserting that the economic progress indicates his government’s adeptness at revitalizing the country’s financial stability.

His comments came alongside the swearing-in of three new Ghanaian ambassadors: Aliu Fawaz, who will serve as Ambassador at Large; Peprah Ampratwum, Chief of Protocol and Ambassador In-situ; and Major-General Charles Kojo Abede Asomaning Awity, who will represent Ghana in Serbia.

In addition to his economic reflections, President Akufo-Addo addressed concerns about the upcoming 2025 presidential transition.

During a meeting with the Democratic Union of Africa executives, he assured that there would be no constitutional changes or extension of term, affirming his commitment to a smooth and orderly transfer of power.

The President’s remarks reflect a broader confidence in the nation’s recovery and democratic processes, aiming to reassure both domestic and international stakeholders of Ghana’s stability and governance.

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