{"id":74627,"date":"2024-06-01T17:59:23","date_gmt":"2024-06-01T17:59:23","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/uncategorized\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama"},"modified":"2024-06-01T18:11:20","modified_gmt":"2024-06-01T18:11:20","slug":"well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama","title":{"rendered":"We\u2019ll launch an urgent economic recovery and fiscal consolidation plan \u2013 John Mahama"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Former President John Dramani Mahama has said that if voted for to be president again in this year\u2019s elections, his administration would prioritise stabilising the economy and restoring a stable currency.<\/b><\/p>\n

He said his administration would launch an urgent economic recovery and fiscal consolidation plan.<\/p>\n

A national economic dialogue to be held within one hundred days of assumption of office, he added.<\/p>\n

Speaking during the just-ended 8th CEOs Summit in Accramon May 27, 2024, the flagbearer of the National Democratic Congress (NDC) said that \u201cOur number one priority will be stabilising the economy and restoring a stable currency. We will launch an urgent economic recovery and fiscal consolidation plan following a national economic dialogue to be held within one hundred days of assumption of office\u201d.<\/p>\n

Mr Mahama further observed that there appears to be no end in sight for the challenges of the Cedi.<\/p>\n

He criticised the government for not taking measures to curtail the rapid depreciation of the currency against the major trading ones, especially the Dollar.<\/p>\n

\u201cUnemployment has jumped to 14.7% from 8.5% in 2017, the highest level recorded in the history of the 4th Republic; inflation is above 25%, and the current interest rates range between 30% and 50%,\u201d he said.<\/p>\n

\u201cDespite this, the government remains unconcerned, unwilling to cut expenditures, and continues to spend more on creature comforts instead of investing in the transformational infrastructure that will propel this nation forward.\u201d<\/p>\n

The 8th CEO Summit is being held under the theme, \u201cReigniting Business and Economic Growth: Charting A Path Forward; Economic Diversification and Artificial Intelligence Transformation. A Private-Public Sector CEO Dialogue and High Impact Learning.\u201d<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Former President John Dramani Mahama has said that if voted for to be president again in this year\u2019s elections, his administration would prioritise stabilising the economy and restoring a stable currency. He said his administration would launch an urgent economic recovery and fiscal consolidation plan. A national economic dialogue to be held […]<\/p>\n","protected":false},"author":84,"featured_media":74626,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[5092,5096,429],"class_list":["post-74627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nWe\u2019ll launch an urgent economic recovery and fiscal consolidation plan \u2013 John Mahama - Ghana<\/title>\n<meta name=\"description\" content=\"Former President John Dramani Mahama has said that if voted for to be president again in this year\u2019s elections, his a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We\u2019ll launch an urgent economic recovery and fiscal consolidation plan \u2013 John Mahama\" \/>\n<meta property=\"og:description\" content=\"Former President John Dramani Mahama has said that if voted for to be president again in this year\u2019s elections, his a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-01T17:59:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-01T18:11:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/06\/sm_1717252665.094077.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"We\u2019ll launch an urgent economic recovery and fiscal consolidation plan \u2013 John Mahama\",\"datePublished\":\"2024-06-01T17:59:23+00:00\",\"dateModified\":\"2024-06-01T18:11:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\"},\"wordCount\":287,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2024\/06\/sm_1717252665.094077.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/well-launch-an-urgent-economic-recovery-and-fiscal-consolidation-plan-john-mahama\",\"name\":\"We\u2019ll launch an urgent economic recovery and fiscal consolidation plan \u2013 John Mahama - 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