Today’s resilient economy can afford the covid-19 fight- Oppong Nkrumah

 

 

The Ghana Information Minister Kojo Oppong Nkrumah has mentioned that it is possible for the government of the day to tackle covid-19 cases in the country due to the resilient economy it has built within the few years of in power.

This comes after some concerns have been raised by Ghanaians after the President announced in is last address to the nation that 88 hospitals would be built across all regions in the country

However, the Minister has assured that “our current economic positioning is a major reason for which we are able to marshal the resources to execute a good number of the interventions we are introducing today. And moving forward, the state of our economy will be key in our ability to introduce the necessary interventions to win the various battles in this war. it makes sense why some may question whether or not Ghana can afford all the interventions the President has outlined in the past about 8weeks of the Covid-19 response program. This question is justified because looking at our recent economic position, and the gains made recently as a nation, there is the genuine fear that we may be unable to afford the interventions or may end up overstretched if indeed we push through to execute them all. Between Jan 2017 and now, however, Ghana has made major strides in correcting the precarious economic conditions it found itself in. Our Fiscal position has improved and our Macro position has significantly improved. The combined effect of improved fiscal position and improved macro position is what enables us to afford the interventions which are being introduced as part of the covid-19 response program. We have significantly improved national revenues, trimmed our deficit and yielded a resilient macro position against which we can finance the intervention programs” he added.

 

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