Vodafone CEO scores Akufo-Addo government 8/10 in economic performance

Europa

November 22, 2017 11:03 AM

She has scored the government 8/10 for stabilizing the economy with almost all the macroeconomic indicators moving in the right direction.

The Chief Executive Officer of Vodafone Ghana, Yolanda Cuba, has said that the Akufo-Addo administration needs to be praised for the way it has handled the economy since it assumed power.

Speaking at post-budget forum organized by KPMG in Accra, Ms Cuba said that the government has created a predictable environment that allows businesses like Vodafone to focus on their mandate.

“There’s pretty much a predictable environment. The depreciation in the currency has been manageable, we have not had any kind of shock, to be honest with you, in the last eight months. To me, that’s a stable macroeconomic environment. Everything that I have put into my budget is coming to pass just as I have expected,” she said.

She, however, said that the government will get a perfect score if it works towards creating a predictable policy environment.

“What I mean is that there is a difference between what is stated as the intention of the country and how I experience such intention. When I actually go from department to department in order to facilitate my business, then I don’t feel the ease of doing business is a reality.

When I look at all the competitive indexes and I see us a country we are dropping down a couple of notches, it doesn’t feel like it is that easy to do business in our country,” she said.

The theme of the Forum was, “Government’s Fiscal Policies: Achieving Sustainable Growth in a Digital Age.”

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