Home / GENERAL NEWS / “We Shall Also Be Blessed With Ghana Miracle” – Finance Minister Speaks On Economy Recovery

“We Shall Also Be Blessed With Ghana Miracle” – Finance Minister Speaks On Economy Recovery

Spread the love

Amidst the worsening economic conditions and government plans to secure an IMF support programme, Finance Minister, Ken Ofori-Atta is hopeful of a “Ghana miracle” to salvage the economy.

Addressing the media on the state of the Ghanaian economy on Wednesday, the Minister said, “the sanctity and the well-functioning of the financial system are sacrosanct” and the country’s economy can only revive with the support and trust of all Ghanaians.


Ken Ofori-Atta in his address was optimistic and likened the revival of the country’s economy to the great Celtic Miracle in Ireland in the 1980s when Ireland was one of Europe’s poorest economies and described as the beggars of Europe.


However, Ireland’s economic situation changed in the 1990s and its economy recorded an impressive average growth rate.

See also  Minority MPs To EC: Don’t Use Ghana Card For 2024 Voters Register

This is the miracle Ken Ofori-Atta is hoping will materialise in the country’s economy.


“The sanctity and the well-functioning of the financial system are sacrosanct and we need the support and trust of all Ghanaians to deliver this. Let us join hands to get this done.

“The great Celtic Miracle in Ireland in the 1980s was the result of such collaborations, especially with Labour and we shall also be blessed with the Ghana Miracle,” the Minister said.


Meanwhile, the government in a bid to revive the economy has announced a 5-Member Committee consisting of prominent financial services professionals to lead extensive stakeholder engagements across all the key segments of the financial sector – banking, asset, management, pensions, and insurance – as part of moves to protect the financial system.

See also  Government Proposes New Debt Restructuring Offer; Requests Participation Of Pension Funds, In Spite Of Denials


This is coming following the probability that the nation may undertake a debt restructuring programme.

The announcement of the Committee Members is expected to be made in the coming days.

According to Finance Minister, Ken Ofori-Atta, the committee will immediately get to work to engage key stakeholders in the financial services sector, additional to ongoing engagements with Civil Society Organizations (CSOs), social partners (labour unions, employers, and FBOs), academia, industry professionals, and the leadership of Parliament.

This, he says, is government ambition to protect the financial sector.






Thanks for reading from MyGhanaMedia.com as a news publishing website from Ghana.

See also  Wealthy Businessman Tried To Mediate On Ken Ofori-Atta’s Behalf – Majority Leader Reveals




Source:  MyGhanaMedia.com


Disclaimer: MyGhanaMedia.com is not responsible for this report and its content.
There are four types of content published on   MyGhanaMedia.com daily: curated content; syndicated content; user-generated content; and original content.



Are You Suffering From Weak Erection, Low Libido, Premature Ejaculation Or Infections? – Get M-Plus No




  Maccun Plus (MPlus) is for men and women as a natural aphrodisiac with no side effects

Just contact the number below for M PLUS HONEY.

024-377-7896 / 0561193978
















Send your news stories to myghanamedia@gmail.com and Chat with us via WhatsApp on +233 200818719





About Adwenpa-Hene

we publish on Entertainment, Sports, Politics, Lifestyle, and Technology. You can also follow Us on : YouTube Channel - My Ghana Media TV, Facebook - MyghanaMedia TV , Twitter - @MyGhanamedia2 & Instagram - My Ghana Media TV. Email Address: myghanamedia@gmail.com Contact Us: 0200818719

Check Also

Investigative Journalist Manasseh Unleashes Bombshell On Week-old Company Awarded 5G Contract

Spread the love Manasseh Azure Awuni, an investigative journalist, has expressed concerns regarding a contract …