Ghana 2017 Budget: Akufo-Addo Assures It Contains Measures That’ll Fix the Economy

The Ghana 2017 Budget will be unveiled on the 2nd of March.

President Nana Addo Dankwa Akufo-Addo has assured Ghanaians that the 2017 budget will be one that will facilitate the process of bringing back Ghana unto the path of prosperity and progress. The President gave out this assurance while speaking to the Ghanaian community in Banjul, the capital city of The Gambia.

The Gambia’s new president, Adama Barrow was officially sworn-in on Saturday, 18th February, 2017; the same day the country is celebrating her 52nd Independence Day Anniversary. Barrow’s formal swearing in comes after the country’s sit-tight president, Yahya Jammeh finally stepped down.

Jammeh who initially conceded following the presidential elections held on December 1, turned around to dispute the election results on grounds of some electoral malpractice, calling for a new election exercise and refusing to vacate his office.

However, international bodies such as the Economic Community of West African States (ECOWAS), the African Union (AU) and the United Nations (UN) intervened in the situation, disagreeing with him. It took series of talks and finally a visible threat of forceful removal, for former president Jammeh to agree to step down; but that was still after reaching some agreements with the bodies.

See: What Finally Made Embattled Yahya Jammeh To Step Down

While The Gambian political crisis was deepening, then President-elect, Adama Barrow fled to Senegal to take refuge. It was there that he was sworn in the first time in a low-key ceremony at the Gambian Embassy.

President Nana Addo among other prominent political office holders, including former president John Mahama were all there on Saturday to witness the main inauguration of the new president in his home country, The Gambia. It was after the inauguration ceremony that Nana Addo seized an opportunity to speak to Ghanaians living in the country.

Addressing the Ghanaian Community in The Gambia, President Nana Akufo-Addo stated that Ghana 2017 budget is going to contribute greatly to fixing the country’s bad economy. According to him, strict policies that will bring about growth of private businesses and job creation are outlined in the budget, which is the first in his administration.

Nana Addo with some members of the Ghanaian Community in the Gambia
Nana Addo with some members of the Ghanaian Community in the Gambia

Nana Addo reiterated his intention to use the private sector as major facilitators in transforming Ghana’s economy, especially in the area of job creation. According to the President, “it is only when the private sector flourishes that we can create the high numbers of jobs required by the teeming masses of Ghanaian youth”.

Describing the mass unemployment bedeviling the country at the moment as “a major social and economic problem”, the President said that something must be done about it through the measures that will be put in place in the Ghana 2017 budget. He assured that his administration will revive the economy and ensure that Ghanaian enterprises become more competitive as to enable them employ more people.

Lamenting the poor state of the economy as was left by the immediate past administration, Nana Addo promised that his government is going to fix it. He stated that the transformation will start with the Ghana 2017 budget which according to him, contains “a number of prudent policies and measures” that will bring about changes in the economy. He promised never to disappoint the people who showed their confidence in him by giving him the nod in the 2016 election.

Remember; Nana Addo’s First State of the Nation Address Comes Up Tomorrow, Feb. 21

The president also commended the Ghanaian community in Gambia for their peaceful composure throughout the crisis and urged them to continue to abide by the laws of the country. He finally solicited for constant prayers to enable him succeed, pointing out that he has set up a solid team who have a unanimous spirit of serving the nation.