Government has indicated that post COVID-19 economic recovery programme remains on top of its agenda ahead of the presentation of the 2021 budget statement and economic policy on Friday.
Minister for Information Kojo Oppong Nkrumah who disclosed this at a media briefing at Peduase on Monday said government’s immediate focus is to outline how it brings back a resilient economy and aggressively gets back on its development agenda.
“The post COVID recovery programme is aimed at enabling the Ghanaian economy to return to its previous successes. This is a key pillar on which the Akufo-Addo administration second term agenda is hinged. It is priority because without it, there is little foundation on which we can build the country’s transformation agenda that we all desire.
“The shocks that COVID has dealt to the Ghanaian economy have been so severe that attention needs to be paid to a quick recovery of the micro economic situation as well as the physical situation. So you will notice that a lot of the work coming through in this week will be among other things centred on the post COVID recovery programme,” he explained.
Ghana’s economy was on a smooth rise between 2017 and 2020 recording improvement in various areas such as about 7% GDP growth, micro economic stability, single digit inflation and stability of the cedi.
However, the influx of the coronavirus pandemic dealt the Ghanaian economy a big blow eroding the gains government was recording.
Consequently, Mr Oppong Nkrumah emphasized that government is focused on rolling out measures that will recover the economy and put it on the path it was before the virus hit the shores of the country.