President Nana Addo Dankwa Akufo-Addo claims that the government has been taking steps to construct a more resilient economy since 2017.
The President cited numbers to back up his assertion, claiming that Ghana’s average yearly GDP growth rate climbed from 3.4 percent in 2016 to 7% between 2017 and 2020.
The President said that the tenacity of Ghana’s economy is shown in the country’s good GDP growth despite the pandemic.
“Indeed, the economies of many countries around the world were in a recession, having recorded negative growth as a result of the pandemic. Ghana’s economy was one of the very few that still managed to record positive GDP growth,” he said at the Ghana Investment Promotion Centre’s (GIPC) Summit, dubbed ‘Spark up.
Despite praising Ghana’s economic development, President Mahama asked Ghanaians to support the government’s efforts to create a business-friendly environment.
“This will enable our nation to get to the stage where the exploitation of the opportunities that are available to us will help us build an optimistic, self-confident, self-reliant and prosperous nation. A Ghana Beyond Aid,” the President added.
The summit, which was held both physically and online, was under the theme “Maximising Ghana’s Investment Potential.”