{"id":1267581,"date":"2022-12-19T18:11:30","date_gmt":"2022-12-19T18:11:30","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/19\/economic-crisis-2023-will-be-our-comeback-year\/"},"modified":"2022-12-19T18:11:30","modified_gmt":"2022-12-19T18:11:30","slug":"economic-crisis-2023-will-be-our-comeback-year","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/19\/economic-crisis-2023-will-be-our-comeback-year\/","title":{"rendered":"Economic crisis: 2023 will be our comeback year"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Finance Minister, Ken Ofori-Atta, says the government will put in place stronger foundations in 2023 to change the country\u2019s economy for the better.<\/p>\n<p>Mr Ofori-Atta made the comments when he addressed the public on Monday regarding the suspension of the external debt payment.<\/p>\n<p><span id=\"page38R_mcid0\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">\u201cThe ensuing years will focus on building an entrepreneurial and export-driven <\/span><span dir=\"ltr\" role=\"presentation\">economy as we grow the economy to protect and create jobs, tackle inflation, and <\/span><span dir=\"ltr\" role=\"presentation\">strengthen our currency. The importation of food should soon be a<\/span> <span dir=\"ltr\" role=\"presentation\">thing of the past.<\/span><\/span><\/p>\n<p><span id=\"page38R_mcid2\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">\u201c2023 must be our \u201ccomeback\u201d year. A year in which we put in place stronger <\/span><span dir=\"ltr\" role=\"presentation\">foundations that would all<\/span><span dir=\"ltr\" role=\"presentation\">ow us to change our country for the better and in a way <\/span><span dir=\"ltr\" role=\"presentation\">that is enduring, inclusive and transformational.<\/span><\/span><span id=\"page38R_mcid3\" class=\"markedContent\"\/><\/p>\n<p><span id=\"page38R_mcid3\" class=\"markedContent\"> \u201c<span dir=\"ltr\" role=\"presentation\">We all have a role to play. And I urge us all to work together with the Government <\/span><span dir=\"ltr\" role=\"presentation\">and support the various interventions being implemented to kick<\/span><span dir=\"ltr\" role=\"presentation\">\u2013<\/span><span dir=\"ltr\" role=\"presentation\">sta<\/span><span dir=\"ltr\" role=\"presentation\">rt our <\/span><span dir=\"ltr\" role=\"presentation\">recovery in a determined, bold and courageous way,\u201d Mr Ofori-Atta said.<br \/><\/span><\/span><\/p>\n<p>Mr Ofori-Atta also stated that the recently announced debt exchange programme and the staff-level agreement with the International Monetary Fund on a $3 billion bailout have contributed to the rebound of the economy.<\/p>\n<p>He said the government is willing to do everything possible to sustain the gains that have led to the revival of the economy.<\/p>\n<p><span id=\"page36R_mcid6\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">\u201cThe launch of the debt exchange programme, coupled with the signing of the S<\/span><span dir=\"ltr\" role=\"presentation\">taff <\/span><span dir=\"ltr\" role=\"presentation\">Level Agreement with the International Monetary Fund, have aided our stability <\/span><span dir=\"ltr\" role=\"presentation\">efforts and have in particular contributed significantly to the rebound of our <\/span><span dir=\"ltr\" role=\"presentation\">currency. <\/span><\/span><\/p>\n<p><span id=\"page36R_mcid6\" class=\"markedContent\"><span dir=\"ltr\" role=\"presentation\">\u201cWhile accommodating the inputs of stakeholders, we must do all we <\/span><span dir=\"ltr\" role=\"presentation\">can to sustain th<\/span><span dir=\"ltr\" role=\"presentation\">e gains of these initiatives keeping in sight the urgency of <\/span><span dir=\"ltr\" role=\"presentation\">obtaining IMF Board approval in Q1 2023. The cost of this not succeeding will be <\/span><span dir=\"ltr\" role=\"presentation\">too huge for our economy.\u201d<\/span><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Minister, Ken Ofori-Atta, says the government will put in place stronger foundations in 2023 to change the country\u2019s economy for the better. Mr Ofori-Atta made the comments when he addressed the public on Monday regarding the suspension of the external debt payment. \u201cThe ensuing years will focus on building an entrepreneurial and export-driven [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1261521,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[5264,1856,3010,293],"class_list":["post-1267581","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-comeback","tag-crisis","tag-economic","tag-year"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1267581","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1267581"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1267581\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1267581"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1267581"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1267581"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}