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    NDC left $345m debt at TOR; We’ve done better – Dep. Min. of Energy

    NDC left $345m debt at TOR; We’ve done better – Dep. Min. of Energy

    Fuel prices to go up marginally – IES predicts

    Fuel prices to go up marginally – IES predicts

    Absa gives GH¢500,000 to Noguchi for COVID-19 fight

    Absa gives GH¢500,000 to Noguchi for COVID-19 fight

    Respect our human rights – Groupe Nduom

    Respect our human rights – Groupe Nduom

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    Airport re-opening: PCR test to take 12-15 mins, no quarantine for arriving passengers

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    Why Upper West Trifecta Earned Maiden Black Stars Call Ups

    Why Upper West Trifecta Earned Maiden Black Stars Call Ups

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    Winning AFCON a long-cherished ambition – Samuel Owusu

    DBI: NPP Parliamentary candidate supports youth with jerseys, footballs

    DBI: NPP Parliamentary candidate supports youth with jerseys, footballs

    Champions Bayern Munich start UCL title defence in style by thrashing Atletico

    Champions Bayern Munich start UCL title defence in style by thrashing Atletico

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    #Donkomi: Cape Town City sign Prince Opoku Agyemang from Medeama

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    COVID-19: Okyeame Kwame appeals to Ghanaians to wear their face masks

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    With the Right Support, The New Dawn Album Will Take Me and Upper West Music to the Next Level – Typanza

    With the Right Support, The New Dawn Album Will Take Me and Upper West Music to the Next Level – Typanza

    Nollywood actor, Jim Lawson Maduike has reportedly passed away.

    Nollywood actor, Jim Lawson Maduike has reportedly passed away.

    Auditions for 2021 talented kidz begins on Jan. 18

    Auditions for 2021 talented kidz begins on Jan. 18

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    Gospel musician Koda releases 6th album titled ‘Keteke’

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    COVID-19:15 students in Tarkwa test positive

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    US Election 2020: Biden and Trump hit swing states

    US Election 2020: Biden and Trump hit swing states

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    Trump and Melania test positive for coronavirus

    Nigerian state approves castration of convicted rapists

    Nigerian state approves castration of convicted rapists

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    Libya crisis: Rival authorities announce ceasefire

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We have superior records in all sectors of the economy – Bawumia

Source: 3news.com

Saeed Fatawu by Saeed Fatawu
August 25, 2020
in Business
0
All tertiary students will obtain students loan without a guarantor-Veep

Vice President Dr Mahamudu Bawumia

Vice President Dr Mahamudu Bawumia has said the government of President Nana Addo Dankwa Akufo-Addo has superior records in all sectors of the economy as against the records of the National Democratic Congress (NDC) administration.

Dr Bawumia told Kwame Sefa Kayi on the Kokorokoo porgramme on Peace FM Tuesday, August 25 that “in all the sectors our records are superior.”

He further explained that the government has been able to stabilize the economy in all sectors, slowed down the rate of debt accumulation and also reduced lending rate. 

“When we came into office, Ghanaians were saddled with a lot of difficulties but we have been able to manage the economy, delivered a few solid records. 

“Our fiscal deficit between 2016 and 2019, we brought it down, 6.8 to 4.8 per cent. Between 2016 and 2017 and 2019 , we had surpluses for three consecutive years and that was the first time in a decade; first time in a decade that we have had that then the rate of debt accumulation, increase in our debt stocks has also slowed down, decline in inflation, interest rate, we have also seen a decline in lending rate from 32 to 23 per cent.

“The monetary policy rate came down from 25 to 14.5 per cent, our trade surplus between 2017 and 2019, this is the first time in two decades that we have had trade surplus three consecutive years.

“Our exchange rate depreciation, the rate of depreciation has been halved to 50 per cent less compared to what we inherited. That is a major achievement.”

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Radio Waa 92.1FM is a commercial media station established in 2017 and has since provided its listeners in the Upper West Region of Ghana and beyond with news, education, entertainment and more. The Radio Station is situated behind In-Service Training Center (Mangu), Wa in the Upper West Region - Ghana. It indulges itself in fair and accurate reportage through the medium.

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