President Nana Addo Dankwa Akufo-Addo has assured Ghanaians that his government is working hard to address the country’s economic challenges. Speaking at this year’s May Day celebration in Bolgatanga, the President stated that his administration is actively engaging the International Monetary Fund (IMF) to secure a $3 billion bailout request for the country.
The President acknowledged the difficulties Ghanaians are currently facing, promising that the government will do everything in its power to bring relief to citizens. He emphasized that his government is making substantial progress on the debt exchange program and engaging with bilateral creditors to secure the financing required for the IMF program.
The President’s comments come as Ghanaians continue to experience economic hardship, including inflation, high unemployment rates, and increasing prices of goods and services.
Additionally, President Akufo-Addo highlighted that finding a lasting solution to the protracted Bawku ethnic conflict remains his highest priority. The President pledged to work towards finding a peaceful resolution before the end of his tenure.
In response to the current economic situation, the Trades Union Congress (TUC) has suggested that the government should convert the National Cathedral project into a national hospital. Speaking at the May Day parade in Bolgatanga, the Secretary-General of the TUC, Dr. Anthony Yaw Baah, argued that converting the project into a hospital would serve Ghanaians better than a cathedral.
Dr. Yaw Baah also urged the President to consider reducing the size of the government, stating that Ghana has too many ministers and deputy ministers. He further called on the government to prioritize the welfare of workers and take measures to improve their living standards.
In conclusion, President Akufo-Addo’s assurance to Ghanaians that his government is working hard to address the current economic challenges is a welcome development. The government’s engagement with the IMF and other creditors to secure the necessary financing is crucial to bring relief to Ghanaians. Additionally, the TUC’s suggestion to convert the National Cathedral project into a national hospital presents an alternative way to address the country’s pressing needs. It is hoped that the government will consider these proposals and take the necessary steps to improve the lives of Ghanaians.