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President Nana Addo Dankwa Akufo-Addo has spoken about the economy in his first message of the year 2024.<\/strong><\/p>\n In a message posted in the early hours of the New Year, Akufo-Addo related to the economic struggles that the country has faced in the last two years.<\/p>\n According to him, Ghana\u2019s recovery was on course and he believed that the country will emerge victorious.<\/p>\n \u201cI wish all Ghanaians a Happy and Prosperous 2024. Even though we are not completely out of the woods, I am confident that, with hard work and determination, Ghana will make it, and collectively, we will secure our futures,\u201d the message posted on his social media handles read.<\/p>\n The president and his appointees have serially insisted that despite the challenges, the economy is rebounding citing dropping inflation, stable exchange rate and stabilized cedi depreciation among other indicators.<\/p>\n The Ghanaian economy has been a topical issue in recent years following a downturn occasioned by galloping inflation, a depreciating currency, and a general decline in the quality of life coupled with high cost of living.<\/p>\n The government has serially blamed the aftermath of COVID-19 and the Russia-Ukraine war before submitting to a US$3 billion IMF loan last year, of which US$600 million as tranche one has been credited to the government account.<\/p>\n