A new Afrobarometre report has revealed that 51 percent of Ghanaians think the economy is being managed well by the Akufo-Addo Administration.
The survey conducted by governance think tank CDD Ghana, also revealed that ghanaians believe government must boost programs and measures to improve the standard of living for the poor and create more jobs for the youth.
The survey occasionally conducted by the think thank often gives cues to Policy makers on issues to focus on. The findings confirm the view of the administration that the economy remains its biggest focus. Government officials during the 2020 budget debates have insisted that the economic gains made will not be compromised as government seeks to bring more growth, jobs and incomes to citizens.
Finance Minister Ken Ofori-Atta in a recent address to Parliament during the 2020 Budget debate and approval, said from end-2016 and now, the debt-to-GDP ratio has increased from 56.8% to 57.4% (excluding the Financial Sector Bailout).
This means in 3years, government has only marginally increased the debt to GDP by 0.6 percentage points.
He said the Akufo-Addo administration has rather lowered the rate of debt accumulation in the last three years compared to 51.6% in 2014 to 56.8% in 2016; representing an increase of 5.6 percentage points compared to 0.6 percentage points from end 2016 to date.
“This sustainable debt path is partly on the back of our successful fiscal consolidation programme which reduced the fiscal deficit by 2.6 percentage points from 2016 to 2018” he added.
The Finance Minister repeated that the 2020 Budget will focus on consolidating the country’s impressive macroeconomic gains for Growth, Jobs and Prosperity for all Ghanaians.
Source: Peacefmonline.com
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NB! PEACE FM IS AN NPP MEDIA HOUSE THUS WHY THEY ALWAYS POSTED WRONG STORY. THIS TIME THEIR COPY AND PASTE FAILED FROM WHAT IS ON GHANA WEB.THE EDITOR OF PEACE FM IS A DISGRACE TO JOURNALISM.PEACE FM SHOULD DO MORE SEARCH THIS TIME THEIR LISTENERS HAS REDUCE DUE TO POOR PUBLICATION.
Your posted information on the above subject is the opposite of what is on ghahaweb Read ghana web post and you will admit the same information has different interpretation from the organizers of the research
59% of Ghanaians say the country is 'going in wrong direction' – Afrobarometer Ghanaians’ approval ratings on indicators of their government’s economic performance have declined sharply compared to 2017, a new Afrobarometer survey by the Ghana Center for Democratic Development (CDD-Ghana) shows. Few citizens are content with the country’s economic situation and their personal living conditions, and a majority say the country is headed in the wrong direction. Key findings in CDD’s Afrobarometer survey suggest that six in 10 Ghanaians (59%) say the country is “going in the wrong direction.” The share of citizens who see the country as “going in the right direction” declined by 15 percentage points from 2017 to 35%. Only three in 10 Ghanaians (30%) describe the country’s economic conditions as “fairly good” or “very good,” a modest decline from 35% recorded in 2017. Still, more than half are optimistic that things will get better in a year’s time. Fewer than four in 10 (37%) say their personal living conditions are “fairly good” or “very good.” And only 31% say the country’s economic condition has improved over the past 12 months. But more than half (54%) are optimistic that things will be “better” or ”much better” in 12 months’ time. The survey also suggests that majority of citizens say government is performing “fairly badly” or “very badly” in narrowing income gaps (66%), improving the living standards of the poor (56%), and creating jobs (54%). According to the survey, approval ratings o
Only peacefmonline will do such a story, check what CDD-GHANA has brought in their survey and you know despite media is doing the government biding. it a shame.