Hon. Dr. Mohammed Amin Adam Is Making Significant Improvements At The Finance Ministry.
4, 11, 2024
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By Alhaji Salifu Hadara
The economy under Hon. Dr. Mohammed Amin Adam (Anta) is getting better day by day and Ghana will be better and brighter under him as Finance Minister. The outlook of the economy of Ghana is promising and the recovery rate is great.
The confidence in the economy is back. Ghana will definitely surpass it's past glory. Both national and international institutions, and available data speak well for the country.
It is not surprising that on 11th October, 2024, Moody, A Global Credit Ratings Agency upgraded Ghana's economic outlook from stable to positive. That is refreshing. Yes, Ghana is recovering with better management of the economy.
Comparing the growth rate in the second quarter of this year to that of the first quarter, Ghana's economy grew by 6.9% from 4.7% of GDP respectfully. A very remarkable growth.
The International Monetary Fund (IMF) recently reviewed Ghana's growth rate and it is refreshing and promising. It is refreshing to know that IMF reviewed Ghana's growth rate for 2024 from the projected 3% to 4%.
An institution in Ghana has also envisaged improved growth rate of Ghana for the year, 2024. Recently, Institute of Statistical, Social and Economic Research (ISSER) projected the economy of Ghana to grow at 4.5 percent by the end of the year.
Inflation at the end of February 2024 was 23.3% and by the end of September 2024, it was 21.5%. It is clear that year-on-year inflation is being fairly stable and it is on reduction trajectory.
In order to tackle appropriately the continuous climate change, the Ministry of Finance, led by Hon. Dr. Mohammed Amin Adam has established a Climate Financing Division to position Ghana to attract funding and investors internationally. Ghana is always ready to implementing policies and initiatives that mitigate climate change and promote green growth.
It is very imperative for Hon. Dr. Anta to continue to handle the affairs of the Finance Ministry for the next four years. It will be fantastic and very promising, having Hon. Dr. Anta and Dr. Bawumia steering the affairs of Ghana as a Finance Minister and President respectfully. With the bold solutions proposed by Dr. Bawumia for the future of Ghana, Ghana is safe under H. E. Alhaji Dr. Mahamudu Bawumia , Hon. Dr. Matthew Opoku Prempeh and Hon. Dr. Mohammed Amin Adam.
It is possible In Shaa Allah
Thank you
Alhaji Salifu Hadara
A Patriot
North East Region
Nalerigu-Gambaga Constituency
02/11/2024
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