ECONOMICS

We are not proud there is still hardship in the country - Ken Ofori-Atta
The Finance Minister, Mr. Ken Ofori-Atta has submitted that the government is not proud there is still hardship in the country.

Date Created : 11/15/2018 6:31:38 AM : Story Author : Ghanadistricts.com

Presenting the 2019 Financial Year Budget Statement and Economic Policy of the Government in Parliament on November 15, 2018, Mr. Ofori-Atta noted that that notwithstanding, they are comforted by the fact that they "have managed to ease the impact of the hardship that the Ghanaian people had been resigned to prior to December 7, 2016".

"We are not there yet. We still have a long way to go in fulfilling the manifest destiny of this blessed land. Indeed, we are being repaid for “the years the locusts have eaten”.

He assured that the country is moving forward under this government and moving forward in the right direction.

"We are now on course to exit the IMF programme by the end of this year. It has been a collective effort by all of us–– Government, for exercising the kind of macro-economic competence and discipline that was evidently lacking in the past; and, the people for their patience, understanding, and keeping faith with their government. The programme may have had its critics because of the constraints it imposed. But it was a necessary pill because by 2014, the government then had lost its fiscal discipline and had very little choice but to seek the bailout".

The Minister expressed government's determination to maintain a combination of economic discipline and vibrancy to ensure the country does not go back to being rescued in the same manner again.