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By close of 2022, economy would rebound – NPP’s Samuel Akonga

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A member of the New Patriotic Party’s (NPP) Upper East Regional Communication Team, Samuel Akonga is confident that Ghana’s economy would begin to see a resurgence.

Mr. Akonga’s confidence stems from the fiscal and policy measures put in place by the Finance Ministry and the Bank of Ghana (BoG).

He spoke on Bolgatanga-based Dreamz FM today, August 24, 2022.

“By the close of this year, we would begin seeing the signs. Things would begin to reinvent themselves back to normalcy per the measures we are putting in place.”

Mr. Akonga continued to say, “government has put in place a litany of measures towards salvaging the situation. I am not surprised that the Bank of Ghana, by close of today will start disbursing the $750million loan facility that we have procured into the forex to try and shore up dollar reserves.”

“These are some of the measures that have been put in place.”

It would be recalled the media reports attributed to Kojo Oppong Nkrumah, the Minister of Information suggested that the Bank of Ghana was readying to inject some dollars to stabilize the depreciation of the cedi.

While admitting that the Upper East Region has not benefitted from the government’s flagship One District One Factory (1D1F) policy yet, Samuel Akonga, a member of the NPP Regional Communication Team is confident that the government’s industrialisation drive, through the 1D1F is a sure way of dealing with the continued depreciation of the cedi.

Mr. Akonga made these comments when he spoke on A1 Radio’s Day Break Upper East Show.

Source: A1radioonline.com|101.1MHz|Mark Kwasi Ahumah Smith|Ghana

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