1 The President of the Republic, Nana Addo Dankwa Akufo-Addo, has the assistance that the Government is seeking from the International Monetary Fund will not affect the emblematic pro-poor policies that the Government is implementing.
2 According to President Akufo-Addo, the ongoing pro-poor policies have been at the core of the government since 2017 and remain non-negotiable elements of the country’s public spending and as such will not be affected by the resumption of the commitment to Ghana with the IMF.
3 Describing it as a relatively easy guarantee to give, the President referred to the IMF Country Director’s statement that an initiative like the Free SHS program cannot be sacrificed on the altar of a program with the IMF.
4 “So all of our minds are going in the same direction, and I’m very, very confident that these programs, especially the FreeSHS program, FreeTVET, will come out of the program with the Fund intact,” he added.
6 “I think there is something that a lot of people are forgetting.
7 When we took office, we were in an IMF program in 2017.
8 In fact, before I left the IMF, Free SHS was introduced in September of my first term, a full nine months since I came to an IMF program.
9 So it has already settled into the thinking of the Ghana Fund program.” He added that, “It’s not (SHS free) like it’s something that we have to wait to get out of the program before we bring it in.
10 We brought it at the time we were and under an IMF program, and it would seem very illogical to me that we have a program that we started under an IMF program and because we are going to have a new one that sacrifices it.
11 That doesn’t make sense, and it won’t happen.”
12 On how to ensure that Ghana does not request IMF assistance again, he noted that the structural transformation of the Ghanaian economy from its current reliance on the production and export of raw materials to one of value-added and industrialization is the way to go.
13 “That is why we have had this emphasis on industrial transformation that comes out of the 1D1F Program and certain other specific industrial transformation measures that we have taken in the automotive industry to enhance the added value of our strategic mineral resources such as our bauxite, iron ore , etc.
14 Those are the real keys to a future robust Ghanaian economy: that we will have an economy that is self-sufficient in the sense that people’s basic needs are met by Ghanaian production,” President Akufo-Addo continued, “So, it is It is important for us in Ghana to pay attention to two factors.
15 Continue the process of structural transformation of our economy that will give us more independence, a more robust and resilient Ghanaian economy, and at the same time make provision for these exogenous interferences that are bound to happen from time to time.” he recommended.
16 He reiterated that “the steps we are taking now to strengthen our economy will make it increasingly difficult for us to have that dependency and need for confidence in the future.”
17 Border Infiltration President Akufo-Addo, in his remarks, also called on residents of the Upper East region to help the country’s government and security agencies curb border infiltration incidents in the area.
18 According to the President, the government and security agencies will need “the active cooperation of the population so that the security response is as effective as possible and that is why the Ministry of National Security has proposed this motto “See something, say something ”, which is basically about involving the community, the population in the work of security and intelligence agencies”.
20 The cost of that is astronomical in terms of disruption to social activities.”
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