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Ghana among fastest-growing economies in the world under Nana Addo — John Boadu

The General Secretary of the ruling New Patriotic Party (NPP), John Boadu, has attributed Ghana's rapid economic growth under President Nana Addo Dankwa Akufo-Addo, to competent economic management.

John Boadu, General Secretary of the NPP

According to him, Ghana's transition from amongst the slowest economies in the world in 2016, to one of the fastest-growing economies, and expectedly the world's fastest-growing economy in 2019, was not by coincidence.

He said "so from amongst the slowest in 2016 to amongst the fastest growing in 2018 and 2019. It cannot be a coincidence."

John Boadu speaking on Accra-based Kingdom FM stated that "it is only the result of competent economic management."

He said the NPP-led government has created opportunities for expansion of financial services and increased the role of non-financial institutions.

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He noted that this dynamic development indicated the potential of digital financial services and payments to further enhance financial inclusion in Ghana.

He said it would be important to leverage the momentum that the fiscal responsibility law created and ensure that fiscal sustainability could be maintained across economic and political circles, saying, more domestic resource mobilisation would be key to this effort.

He added that the government is bent on improving access to finance, saying, taking the lead in developing sound policies and/or legal frameworks to mandate data-sharing.

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