Thursday, October 2, 2025
Voice FM...94.3
  • Home
    • All
    • Extra
    • Featured
    • International News
    • Local News
    • Politics
    • Voice Articles
    • Voice Business
    • Voice Entertainment
    • Voice Sports
    Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

    Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

    Akwatia by-election: Disqualified aspirant sues EC

    Akwatia by-election: Disqualified aspirant sues EC

    Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

    Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

    Daddy Lumba’s family formally notifies government of his passing

    Daddy Lumba’s family formally notifies government of his passing

    IGP leads security delegation to Savannah Region following deadly clashes

    IGP leads security delegation to Savannah Region following deadly clashes

    Afriyie Barnieh joins Swiss side FC Aarau

    Afriyie Barnieh joins Swiss side FC Aarau

    Trending Tags

    • Voicefm
  • Politics
  • Sports
  • Business
  • Health
  • Entertainment
  • International
    • All
    • Africa
    • Americas
    • Asia
    • Europe
    Pope Francis dead at 88, Vatican confirms

    Pope Francis dead at 88, Vatican confirms

    Boy, 10, dies after 340-pound foster mother sits on him

    Boy, 10, dies after 340-pound foster mother sits on him

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Kenyan Policeman shoots Magistrate in open court

    Kenyan Policeman shoots Magistrate in open court

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

  • Voice Xtra
    • All
    • Health
    • Religion
    • Technology
    Bono Regional Chief Imam passes on

    Bono Regional Chief Imam passes on

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Owusu-Bempah exposes Opambour’s boy

    Owusu-Bempah exposes Opambour’s boy

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    • Gospel
    • Religion
    • Health
    • Technology
    • Voice Articles
  • LIVE Radio
No Result
View All Result
Voice FM...94.3
  • Home
    • All
    • Extra
    • Featured
    • International News
    • Local News
    • Politics
    • Voice Articles
    • Voice Business
    • Voice Entertainment
    • Voice Sports
    Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

    Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

    Akwatia by-election: Disqualified aspirant sues EC

    Akwatia by-election: Disqualified aspirant sues EC

    Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

    Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

    Daddy Lumba’s family formally notifies government of his passing

    Daddy Lumba’s family formally notifies government of his passing

    IGP leads security delegation to Savannah Region following deadly clashes

    IGP leads security delegation to Savannah Region following deadly clashes

    Afriyie Barnieh joins Swiss side FC Aarau

    Afriyie Barnieh joins Swiss side FC Aarau

    Trending Tags

    • Voicefm
  • Politics
  • Sports
  • Business
  • Health
  • Entertainment
  • International
    • All
    • Africa
    • Americas
    • Asia
    • Europe
    Pope Francis dead at 88, Vatican confirms

    Pope Francis dead at 88, Vatican confirms

    Boy, 10, dies after 340-pound foster mother sits on him

    Boy, 10, dies after 340-pound foster mother sits on him

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Pastor’s son in trouble for selling girlfriend’s car to marry another woman

    Kenyan Policeman shoots Magistrate in open court

    Kenyan Policeman shoots Magistrate in open court

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Lady commits suicide after an interview she granted recounting how she was sleeping with dogs surfaced online

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

  • Voice Xtra
    • All
    • Health
    • Religion
    • Technology
    Bono Regional Chief Imam passes on

    Bono Regional Chief Imam passes on

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    ‘If you were silent under NPP, stay silent now’ – Rev Obofour to critics

    Prophet banned from casinos for winning too much

    Prophet banned from casinos for winning too much

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Train Crash: Truck Driver Parked to Look for Jerk-Eyewitness Reports

    Owusu-Bempah exposes Opambour’s boy

    Owusu-Bempah exposes Opambour’s boy

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    I saw it – Nigel Gaisie stands by his prophecy on John Kumah’s death

    • Gospel
    • Religion
    • Health
    • Technology
    • Voice Articles
  • LIVE Radio
No Result
View All Result
Voice FM...94.3
No Result
View All Result
Home General News Featured

Afdb lauds Akufo-Addo’s management of economy

Attah Dabone by Attah Dabone
August 2, 2017
in Featured, Voice Business
0
Afdb lauds Akufo-Addo’s management of economy
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The President of the African Development Bank (AfDB), Mr Akinwumi Adesina, has commended the significant strides chalked in the management of Ghana’s economy by the 7-month old government of President Nana Addo Dankwa Akufo-Addo.

Mr Adesina also congratulated President Akufo-Addo for the clarity of his vision and direction in which the country’s economy is headed, which, according to him, has enhanced the image of the country and its standing with the global, international financial community.

“I must commend you for the growth that I am beginning to see. The economy is going to grow this year at 6.3%, and next year at 7.4%. The medium term outlook is great, at about 9.2%. You (President Akufo-Addo) have always said you wanted Ghana back, and a Ghana Beyond Aid. This kind of growth trajectory is exactly what is needed for a Ghana Beyond Aid,” he said.

The AfDB President also commended the Akufo-Addo government for the efforts at stabilising the country’s macroeconomy.

“The results are quite evident. If you look at the inflationary rate, it has gone down to 12.1%. The debt stock in relation to the size of the GDP has also gone down to 67%, from what you inherited. These are all great signs of your stewardship in the few months that you have taken over. That is a very good tone,” he said.

YOU MAY ALSO LIKE :  50 journalists benefit from Bloomberg training

Mr Adesina made this known on Wednesday, 2nd August, 2017, when he paid a courtesy call on President Akufo-Addo, at the Presidency, as part of his 3-day working visit to Ghana.

With Ghana in recent years dealing with the concessionary arm of the Bank, Mr Adesina noted that “with the rapid economic growth that we have seen, and with the macroeconomic stabilisation that you are having, and your Minister of Finance is doing an incredible job, we will we work with you to move Ghana towards the commercial window of the Bank.”

What that means, he said, “is that Ghana will be able to access $500 million a year, over a three year period, for developmental programmes. I just want to assure you that we will provide the maximum amount support for you and your government to succeed. You have put together an excellent team, a first rate team, and I have every confidence that it will succeed.”

Pledge of AfDB support

Ghana and the AfDB, Mr Adesina noted, have “been in marriage of development since 1973, and it has been a really great one because during that time, we have made investments of $3.2 billion. We currently have investments of $950 million in different sectors – infrastructure, energy, agriculture, and private sector. These are areas of importance to you.”

YOU MAY ALSO LIKE :  Ponobiom jabs Sarkodie in latest song; Kwaw Kese reacts

Outlining some of investments undertaken by the Bank in Ghana, the AfDB President noted that the Fufluso-Sawla road project, which won the African Development impact award, and the Northern Rural Development Project (NRDP) are examples of initiatives that have impacted the lives of hundreds of thousands of Ghanaians.

On NRDP, Mr Adesina noted that the project has helped to develop almost 4,000 hectares of irrigated land, led to the construction of warehouses and a significant increase in yields of staples such as maize and soya beans.

The AfDB President also expressed his delight at the stability the Akufo-Addo government has achieved in the energy sector, stressing that “we will continue to be supportive especially on renewable energy in Takoradi TII.”

He assured further that the Bank will support Ghana “in trying to deal with the issue through partial credit guarantees and partial risk guarantees to reduce the debt levels, because the power sector has to work very well.”

Touching on cocoa, Mr Adesina described the leadership and President Akufo-Addo and that of President Ouattara of Cote d’Ivoire as crucial.

“As both you mentioned to me, it does not make sense for Ghana and Cote d’Ivoire to produce 64% of the world’s cocoa, and, yet, be at the short end of the stick of not being able to control the market. So you have given us specific instructions of what you wanted and we’ve moved on that,” he said

YOU MAY ALSO LIKE :  3 dead in renewed shootings in Bawku

To this end, the AfDB President noted that, “We (AfDB) have received a request for $1.2 billion from Ghana’s Minister of Agriculture and from the Cocoa and Coffee Board of Cote d’Ivoire, and we will be looking at building warehouses so you can store the cocoa and not have to sell immediately after harvest.

Secondly, Mr Adesina noted that a Stabilization Fund has been set up to “make sure we are able to deal with downside risk in terms of the volatility of prices. The third is to recapitalise the cocoa plantations because they are quite old, and it requires an injection of money by the state to do that.”

Mr Adesina assured President Akufo-Addo and the government and people of Ghana that “the Bank is very strong solid as ever. Last year, $10.5 billion dollars of approvals, which is highest in the history of the bank, and we also did $6.5 billion of disbursements, again the highest in the history of the Bank. So the bank is very strong to support you realise your vision.”

Source:Ghana/AccraFM.com

Share this:

  • Facebook
  • Twitter
Previous Post

Parliamentary boycott ‘childish’ – Lecturer

Next Post

AMA trains staff on sanitation planning

Attah Dabone

Attah Dabone

Next Post
AMA trains staff on sanitation planning

AMA trains staff on sanitation planning

READ - FROM OTHER CATEGORIES

SUGGESTED - FOR YOU

  • All
  • Politics
  • Voice Business
  • Voice Entertainment
  • Health
  • Technology
Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

August 26, 2025
Akwatia by-election: Disqualified aspirant sues EC

Akwatia by-election: Disqualified aspirant sues EC

August 26, 2025
Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

August 26, 2025
Daddy Lumba’s family formally notifies government of his passing

Daddy Lumba’s family formally notifies government of his passing

August 26, 2025
IGP leads security delegation to Savannah Region following deadly clashes

IGP leads security delegation to Savannah Region following deadly clashes

August 26, 2025

EDITOR'S PICKS

Poor Service of Delta Airlines made me miss my Detroit tour – Sarkodie

Poor Service of Delta Airlines made me miss my Detroit tour – Sarkodie

by Attah Dabone
September 11, 2023
0

Ghanaian rapper and songwriter, Sarkodie said he missed his event in Detroit due to Delta

Plot to remove IGP: Dampare to appear before committee on September 12

Plot to remove IGP: Dampare to appear before committee on September 12

by Attah Dabone
September 11, 2023
0

Chairman of the ad-hoc committee probing the leaked plot to remove IGP, Samuel Atta Akyea has

Tema Motorway bridge closes for repair works

Tema Motorway bridge closes for repair works

by Attah Dabone
September 7, 2023
0

The Tema Motorway Bridge that connects Community 18 to Borteyman will be closed to traffic from Sunday,

Wenchi: GES probes teacher for allegedly forcing pupils to swear by deity over stolen phone

Wenchi: GES probes teacher for allegedly forcing pupils to swear by deity over stolen phone

by Attah Dabone
September 7, 2023
0

The Wenchi Municipal Directorate of the Ghana Education Service (GES) in the Bono Region has

Car stolen from a driveway in Canada found in Ghana

Car stolen from a driveway in Canada found in Ghana

by Attah Dabone
September 7, 2023
0

In an astonishing turn of events, a car stolen from a Toronto driveway in Canada

Be transparent in limited voter registration exercise – Mahama tells EC

by Attah Dabone
September 6, 2023
0

Former President John Dramani Mahama has asked the Electoral Commission (EC) to be fair in

NPP flagbearer race: Ghanaians react to Alan’s withdrawal

by Attah Dabone
September 6, 2023
0

Former Trade Minister, Alan Kwadwo Kyerematen’s withdrawal from New Patriotic Party’s (NPP) presidential race has sparked reactions

VOICE NEWS - ARCHIVE

Latest News Trending

Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

by Attah Dabone
August 26, 2025
0

Akwatia by-election: Disqualified aspirant sues EC

Akwatia by-election: Disqualified aspirant sues EC

by Attah Dabone
August 26, 2025
0

Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

by Attah Dabone
August 26, 2025
0

Featured News

Dr. Bawumia denounces tribal politics in NPP flagbearer race, fires back at Bryan

Akwatia by-election: Disqualified aspirant sues EC

Mahama is a great admirer of Daddy Lumba’s music – Chief of Staff

Daddy Lumba’s family formally notifies government of his passing

IGP leads security delegation to Savannah Region following deadly clashes

Afriyie Barnieh joins Swiss side FC Aarau

Mahama orders GoldBod taskforce to use body cameras to enhance transparency

  • Home
  • LIVE Radio

Voice FM Online © Copyright 2016, All Rights Reserved.

No Result
View All Result
  • Home
  • LIVE Radio

Voice FM Online © Copyright 2016, All Rights Reserved.