{"id":462713,"date":"2018-02-08T16:11:01","date_gmt":"2018-02-08T16:11:01","guid":{"rendered":"https:\/\/ghana-mma.com\/2018\/02\/08\/akufo-addo-jabs-mahama-over-pathetic-economic-management\/"},"modified":"2018-02-08T16:11:01","modified_gmt":"2018-02-08T16:11:01","slug":"akufo-addo-jabs-mahama-over-pathetic-economic-management","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2018\/02\/08\/akufo-addo-jabs-mahama-over-pathetic-economic-management\/","title":{"rendered":"Akufo-Addo jabs Mahama over pathetic economic management"},"content":{"rendered":"<p><\/p>\n<div id=\"medsection1\">\n<!-- End of html generated by this->header() --><\/p>\n<p class=\"floatLeft\">General News of Thursday,  8 February 2018<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>Myjoyonline.com <\/p>\n<p>2018-02-08<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/19945281.295.jpg\" alt=\"SONA 20183\" title=\"SONA 20183\" width=\"295\" height=\"149\" \/><span class=\"image_caption\"><span>President Akufo-Addo<\/span><\/span><\/p>\n<div class=\"noPrint\">\n<div id=\"537626303\" style=\"width:300;height:250;margin:0;padding:0\">\n<p>\t\t  <noscript><iframe loading=\"lazy\" id=\"b2ad7fa7fd\" name=\"b2ad7fa7fd\" src=\"http:\/\/ghanaweb-d.openx.net\/w\/1.0\/afr?auid=537626303&amp;cb=151125813973067\" frameborder=\"0\" scrolling=\"no\" width=\"300\" height=\"250\"><a href=\"\/\/ghanaweb-d.openx.net\/w\/1.0\/rc?cs=b2ad7fa7fd&amp;cb=151125813973067\"><\/p>\n<p>\t\t  <img decoding=\"async\" src=\"https:\/\/ghanamma.com\/wp-content\/uploads\/2018\/02\/1518106261_885_ai\" border=\"0\" alt=\"\" \/><\/a><\/iframe><\/noscript><\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"clear:right\">President Nana Addo Dankwa Akufo-Addo has reiterated his government\u2019s commitment to turn around the economy despite inheriting a distressed one.<\/p>\n<p>Speaking in the presence of ex-president John Mahama in Parliament Thursday, the president said he was handed an economy \u201cchoked by debts\u201d and with \u201cmicro-economic fundamentals in disarray.\u201d<\/p>\n<p>The comment quickly elicited a wry smile from the ex-president and discordant noises from the Minority lawmakers.<\/p>\n<p>Mr Mahama was in the company of former presidents Jerry John Rawlings, John Agyekum Kufuor and former First Lady Nana Konadu Agyeman Rawlings who had all come to listen to the address.<\/p>\n<p>President Akufo-Addo has not shied away from stating what he has described as the &#8216;true state&#8217; of the economy supervised by his predecessor.<\/p>\n<p>\u201cWe inherited an economy that was in distressed, choked by debts and microeconomic fundamentals in disarray,\u201d the president said to the disagreement of the Minority.<\/p>\n<p>He said despite the challenges, his government rose to the occasion and put in place prudent economic measures that are yielding fruits.<\/p>\n<p>President Akufo-Addo said the country\u2019s fiscal deficit has reduced from 9.2 percent in 2016 to an estimated 5 percent.<\/p>\n<p>The public debt to Gross Domestic Product (GDP) ratio has also seen a decline, he said, adding his government has halved the debts left behind by the past regime.<\/p>\n<p>With Ghana projected to be the fastest growing economy in the world, the president said his government is committed to ending the International Monetary Fund (IMF) programme started in 2015.<\/p>\n<p>\u201cWe are determined to put in place measures to ensure the irreversibility of the programme so that we will have no reason to seek the assistance of the [international community],\u201d president Akufo-Addo said.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/content.jwplatform.com\/players\/YM9oqKrx-GtVgZhNx.html\" width=\"600\" height=\"350\" frameborder=\"0\" scrolling=\"auto\" allowfullscreen=\"\" style=\"position:absolute;\"><\/iframe><\/p>\n<p><!-- uploaded by: 39 updated by: 39 --><\/p>\n<p><!-- Start of html generated by this->footer() -->\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General News of Thursday, 8 February 2018 Source: Myjoyonline.com 2018-02-08 President Akufo-Addo President Nana Addo Dankwa Akufo-Addo has reiterated his government\u2019s commitment to turn around the economy despite inheriting a distressed one. Speaking in the presence of ex-president John Mahama in Parliament Thursday, the president said he was handed an economy \u201cchoked by debts\u201d and [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":462714,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-462713","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/462713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/comments?post=462713"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/posts\/462713\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/media?parent=462713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/categories?post=462713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2018\/wp-json\/wp\/v2\/tags?post=462713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}