SoNA 2019: 'I'm Mindful of The Next Generation, Not Merely The Next Election' - Prez Akufo-Addo "I am burnt on running a responsible adminis
SoNA 2019: ‘I’m Mindful of The Next Generation, Not Merely The Next Election’ – Prez Akufo-Addo
“I am burnt on running a responsible administration, mindful of the next generation and not merely the next election“, President Nana Addo Dankwa Akufo-Addo tells Ghanaians of the intervention by his government to improve the economy.
Delivering a State of the Nation Address before Parliament today, President Akufo-Addo noted that his administration has since its inception made great strides in managing the economy and ensuring fiscal discipline under his leadership.
According to him, his objective is to build a better Ghana for generations and so believed one step forward is to maintain discipline in spending character of his government.
As part of measures to improve the economic fundamentals of Ghana, President Akufo-Addo told the Speaker of Parliament that he has decided to “institute a legal framework to help with the discipline. We’ve passed a Fiscal Responsibility Law (Act 982) capping the deficit of 5 percent by law. In some two weeks ago, I inaugurated the Presidential Fiscal Responsibility Advisory Council chaired by the eminent respected economist, Dr. Paul Acquah – former Governor of the Bank of Ghana and former Deputy Director of the Africa department of the IMF – with some of the finest and most reputable economists of our country as members”.
He was optimistic his initiatives will help “discipline and bring progress to our country . . . I am burnt on running a responsible administration, mindful of the next generation and not merely the next election. In the meantime, our efforts are bearing some fruits and the world is taking notice of the improvement in our economic fundamentals”.