The Minister of Finance, Dr Mohammed Amin Adam, says the Ghanaian abridgement has developed by $20 billion beneath the Akufo-Addo/Bawumia Administering as of December 2023

He explained that in 2013, beneath Mahama's administration, the admeasurement of the abridgement was called at $64 billion, however, it was bargain to $56 billion in 2016

He declared that as of 2023 the admeasurement of the Ghanaian abridgement had added to $76 billion "so in nominal agreement the abridgement has developed by $20 billion beneath Akufo-Addo's government"

Dr Amin Adam appear this during the Greater Accra Bounded Boondocks Anteroom affair in Accra on Tuesday

He said the Government had taken boxy bread-and-butter decisions amidst the all-around bread-and-butter crises occasioned by the COVID-19 communicable and the Russia-Ukraine war

Those decisions, he said, were acquiescent absolute after-effects with the abridgement now "turning the corner"

Dr Amin Adam cited the Domestic Debt Exchange Programme (DDP), which saw 95 per cent accord by bounded bond-holders while the Government additionally adjourned with its alien mutual creditors and accomplished $2.8 billion debt account relief

Therefore, Ghana has been accustomed a adroitness aeon of up to 2026 to pay her debt with a cheaper absorption rate

The Minister said, for instance, that the Akufo-Addo/Bawumia Administering recorded a $3.4 billion barter surplus in 2023, as adjoin the $1.8 billion barter arrears recorded beneath the Mahama-led Government in 2016

The accident was organised by the Ministry of Information, in accord with the Bounded Coordinating Council, to advertise the Government's infrastructural projects and amusing interventions in the Region

It afforded all the 29 District, Municipal and Metropolitan Assemblies (MMDAs) the befalling to display some key infrastructural projects implemented from 2017 to date

Journalists and the accessible were accustomed to additionally ask questions and seek clarifications from duty-bearers

On inflation, Dr Amin Adam said the government's airy behavior and programmes had witnessed a desperate abridgement in aggrandizement from 54 per cent in 2022 to 22 per cent as of June this year

"By the end of this year, the aggrandizement will appear bottomward to 15 per cent and hopefully, if we are accustomed the authorization in the December 7 Election, we will accompany it bottomward to a distinct chiffre by 2025," Dr Amin Adam assured

He attributed the billow in aggrandizement to the all-around bread-and-butter accident due to the Russia-Ukraine battle and the COVID-19 communicable and not because of bread-and-butter mismanagement

The Minister added that the country's exports had added as a aftereffect of the 'One District, One Factory' action with 169 factories currently operational

The Minister of Information, Ms Fatimatu Abubakar, in her acceptable remarks, said the boondocks anteroom affairs would be organised beyond the country in all the 16 regions till November, this year

She said the accident would accredit bounded ministers, arch controlling admiral of the assorted assemblies and area ministers to acknowledgment questions from the accessible on their stewardship

She said the acknowledgment from the interactions would abetment in abstraction the government's approaching behavior and programmes

Tags:   Finance Minister Finance Ministry Related to this story It wasn't our ambition to appoint accident on you, absolve us - Finance Minister apologises to Ghanaians Aggrandizement to ability 15% by end of 2024 - Finance Minister predicts 3 abecedary unions to bang on August 9 over non-payment of allowance Payment of bound up funds: GH₵1.5 billion not abundant - Dr. Aubynnn GRA, Finance Ministry sued over tax waivers for 42 companies Finance Ministry gives approval for application of over 15,000 nurses and midwives Ghana has not been advisable in borrowing - Bokpin CePPEA lauds Finance Minister's bread-and-butter strategies amidst all-around challenges Finance Minister's acquirement advance action is unempathetic and not strategic! GH¢9.9bn spent on Free SHS back 2017 - Finance Minister