Post COVID-19: Ghanaian government drawing a resilient recovery plan

May 10, 2020 11:45 PM

President Akufo-Addo says the government is preparing a resilient recovery plan for the country to strengthen the productive sectors of the economy.

President Nana Addo Dankwa Akufo-Addo

The president in his ninth address to the nation on measures taken to curb the spread of coronavirus.

“The government is putting in place a resilient recovery plan with the overarching aim of finding more resources to strengthen the productive sectors of the economy to ensure sustained economic activity.”

“We are rolling out a soft loan scheme of GHC600,000 in this month of May to support micro, small, and medium scale businesses. The commercial banks with the support of the Bank of Ghana have also instituted a GHC3 billion credit and stimulus package to help revitalize industries especially in the pharmaceutical, hospitality service, and manufacturing sector,” added.

President Akufo-Addo said his government is working hard to find resources to fund all these and more measures to prevent the spread of the disease and also help the economy recover.

“The Minister for Finance is working tirelessly to find additional resources to supplement this amount, including the resources to finance the construction of the 88 district hospitals and 7 regional hospitals.”

Magdalene Teiko Larnyoh A feminist at heart and a lover of art. She loves to write on business, politics and health.

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