President Nana Addo Dankwa Akufo-Addo has said that the global business community is realizing that the Ghanaian economy is recovering to its pre-COVID-19 levels.
He made this comment after commissioning the ¢175.4 million state-of-the-art plant of Nestlé Ghana, located in Tema, on Wednesday, 8th June 2022.
The plant is manufacturing infant cereals for the domestic market as well as for markets in other countries in Central and West Africa.
- Ghana’s economy to grow in 2022.
- Global economy to slow in 2022 and 2023 due to impact of war in Ukraine – IMF
Mr Akufo-Addo has over the past months recounted how the Covid pandemic has devastated the Ghanaian economy just as other economies globally.
He however said recently that the recovery programmes instituted but his government were credible and yielding results.
“In Ghana, the recovery programme we have is very credible and that is what is going to give us the opportunity to come out of this period a stronger economy, and it is that future we are looking at,” he said.
He also touted the economic progress of the oil-producing West African nation when speaking in an interview with the BBC on Monday April 4 but when his attention was drawn to the woes of the local currency, he said “I don’t know the economy in the world that is doing well.
“The Cedi has begun to firm up. The world is going through a difficult [moment], Ghana is no exception, Nigeria is no exception. There is no country in the world that is escaping the ravages of Covid-19 and also the impact of the [Russia-Ukraine conflict].”
Source: 3news.com
