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Business Account of Tuesday, 5 January 2021

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Source: Class FM

Nana Addo Dankwa Akufo-Addo, President of Ghana

President Nana Akufo-Addo has told Parliament in his aftermost Accompaniment of the Nation Abode (SoNA) of his aboriginal appellation on Tuesday, 5 January 2020 that he affiliated en abridgement in anarchy from his antecedent John Mahama and anchored afore the confusion of the COVID-19 communicable breakable those gains.

“Mr Speaker, we anticipation we knew that we would face a difficult situation, but, ashamed we took a acceptable look, we were still taken ashamed by the accompaniment of the abridgement we affiliated – an abridgement with astringent macroeconomic instability, anemic growth, a adverse cyberbanking sector, low broker confidence, and cogent structural bottlenecks”.

“The basal facts of our black bequest are well-documented – 15.4% amount of inflation; a 9.3% bread-and-butter deficit; 32% amount of interest; a 3.4% amount of GDP growth, the everyman in two decades – all beneath an IMF-sponsored bailout programme. We set to assignment quickly, and, I am animated to say that, we acquire been able to stabilise the economy, avenue abundantly the IMF programme, and restore aplomb in the economy”, he listed.

At the end of 2019, the President noted, “the abridgement was characterised by able advance in acknowledgment to accomplishing of government flagship programmes, single-digit inflation, bargain bread-and-butter deficits with three afterwards years of primary surpluses, about abiding barter rate, cogent advance in the accepted annual with three afterwards years of barter surpluses, able adopted barter assets buffers, and acutely bargain lending rates”.

He acicular out, however, that the “global communicable of COVID-19 threatened to derail the advance chalked over the aboriginal three years of my administration”.

“Its appulse has led to the afterlight in GDP advance for 2020, from 6.8% to 0.9%, and afterwards to 1.9% to reflect cogent arrest in bread-and-butter activities as a aftereffect of the furnishings of COVID-19 on lives and livelihoods. The proactive decisions taken by the government to action the pandemic, as able-bodied as revitalise and transform the abridgement with the one hundred-billion-cedi Ghana CARES ‘Obaatampa’ Programme, anchors ablaze diplomacy for the medium-term”.

The President said the “government will abide to apparatus advisable bread-and-butter measures to accelerate the clip of bread-and-butter consolidation, and, in March this year, the Minister for Accounts will appear to this baronial House to accommodate added capacity on the measures to be taken to restore our country ashamed to the aisle of bread-and-butter recovery”.

“Mr Speaker, the government, in four years, has recorded a cardinal of cogent milestones in our adventure to formalise and modernise the Ghanaian economy. We acquire it is the fairest and fastest way to accomplish our goals. The National Identity Card rollout, the National Agenda Property Addressing System, the interoperability of adaptable money transactions, the addition of the paperless operations at the port, e-business allotment system, and admission to agenda cyberbanking casework are all allotment of the drive to formalise our economy, and enhance its productivity”.

Read the President’s abounding abode below:

Message On The Accompaniment Of The Nation On The Dissolution Of The 7th Parliament By The President Of The Republic, Nana Addo Dankwa Akufo-Addo, On Tuesday, 5th January 2020, At Parliament House, Accra

Mr Speaker,

Before I proceed, I will beg the allowance of the House to accompany me in continuing up and celebratory a minute’s blackout in anamnesis of the activating 1st President of the 4th Republic, His Excellency Jerry John Rawlings, who, sadly, anesthetized abroad on 12th November 2020. May his body blow in absolute accord in the bust of the Lord until the Aftermost Day of the Resurrection ashamed we shall all accommodated again. Amen!

As accepted by the Constitution, I acquire appear afore this baronial House to deliver, on the dissolution of this 7th Parliament, a Message on the Accompaniment of the Nation, which is, essentially, an annual of my administering as President of the Republic these accomplished four years.

On 7th December 2016, the acceptable bodies of Ghana went to the acclamation and honoured me and my party, the New Patriotic Party, by voting us into office. We were accustomed a ablaze and absolute mandate, with absolute victories in the presidential and aldermanic elections, and by the adroitness of the Almighty, the Vice President, Alhaji Dr Mahamudu Bawumia, and I were affidavit into arrangement on January 7, 2017.

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We had presented to the bodies of Ghana, during the campaign, a ablaze plan of how we advised to abound and transform the economy.

Mr Speaker, we anticipation we knew that we would face a difficult situation, but, ashamed we took a acceptable look, we were still taken ashamed by the accompaniment of the abridgement we affiliated – an abridgement with astringent macroeconomic instability, anemic growth, a adverse cyberbanking sector, low broker confidence, and cogent structural bottlenecks. The basal facts of our black bequest are well-documented – 15.4% amount of inflation; a 9.3% bread-and-butter deficit; 32% amount of interest; a 3.4% amount of GDP growth, the everyman in two decades – all beneath an IMF-sponsored bailout programme. We set to assignment quickly, and, I am animated to say that, we acquire been able to stabilise the economy, avenue abundantly the IMF programme, and restore aplomb in the economy.

At the end of 2019, the abridgement was characterised by able advance in acknowledgment to accomplishing of government flagship programmes, single-digit inflation, bargain bread-and-butter deficits with three afterwards years of primary surpluses, about abiding barter rate, cogent advance in the accepted annual with three afterwards years of barter surpluses, able adopted barter assets buffers, and acutely bargain lending rates.

The all-around communicable of COVID-19 threatened to derail the advance chalked over the aboriginal three years of my administration. Its appulse has led to the afterlight in GDP advance for 2020, from 6.8% to 0.9%, and afterwards to 1.9% to reflect cogent arrest in bread-and-butter activities as a aftereffect of the furnishings of COVID-19 on lives and livelihoods. The proactive decisions taken by the government to action the pandemic, as able-bodied as revitalise and transform the abridgement with the one hundred-billion-cedi Ghana CARES ‘Obaatampa’ Programme, anchors ablaze diplomacy for the medium-term.

Government will abide to apparatus advisable bread-and-butter measures to accelerate the clip of bread-and-butter consolidation, and, in March this year, the Minister for Accounts will appear to this baronial House to accommodate added capacity on the measures to be taken to restore our country ashamed to the aisle of bread-and-butter recovery.

Mr Speaker, Government, in four years, has recorded a cardinal of cogent milestones in our adventure to formalise and modernise the Ghanaian economy. We acquire it is the fairest and fastest way to accomplish our goals. The National Identity Card rollout, the National Agenda Property Addressing System, the interoperability of adaptable money transactions, the addition of the paperless operations at the port, e-business allotment system, and admission to agenda cyberbanking casework are all allotment of the drive to formalise our abridgement and enhance its productivity.

For years, there had been dejection and, sometimes, agitation on the accountable of the geographic curve of regions in the country. In the accurate case of what was to become the Oti region, their appeal for a new amphitheatre continued ashamed to added than sixty (60) years. We absitively that we bare to boldness these diplomacy to be able to accompany babyminding nearer to the people.

The built-in action for the conception of new regions was put in place, and, afterwards the petitions and stakeholder consultations, the bodies in the articular areas had the befalling to vote in celebrated referenda. There were cutting approvals for the “Yes” vote in the referenda captivated in forty-seven (47) districts, beyond four absolute regions. This led to the conception of six (6) new regions, and we now acquire sixteen (16) instead of the ten (10) regions that existed at the alpha of my administration.

Four years ago, it articulate foolishly optimistic, but Free SHS and Free TVET are now accepted genitalia of our educational setup. In a few years’ time, we can agreement that the basal apprenticeship for the workforce in our country would be at the accessory level. It is a transformational footfall we acquire taken, which should accelerate the clip of development all around, and accord us aplomb in our future.

In 2017, it appeared to some like the aforementioned old burden ashamed we said farmers and agronomics would get the accomplished priority. But we can see the aberration it makes ashamed a government treats farmers with account and spends assets and ability on agriculture.

We acquire apparent the affecting turnaround of our agronomical fortunes, due to the accelerating behavior that acquire bigger the active standards of farmers in the country. The alluringly accomplished action for Planting for Aliment and Jobs has laid the foundation for the agronomical transformation of our country. We are able to say that our country is now a net exporter of food, and we no best acquire to acceptation basal foods like plantain and tomatoes.

Mr Speaker, Ghana rice is the adopted best in an accretion cardinal of our homes, as the growing, processing and packaging of rice become a added accustomed and adorable industry.

During this COVID crisis, we have, mercifully, been absolved the bogey of aliment shortages. On the contrary, acknowledgment to Planting for Aliment and Jobs, aliment has been in affluence in our markets beyond the country.

Throughout the ages, aliment processing has provided the ascent point for the industrialisation of abounding nations, and we are demography that assignment to affection as we accompany the ambition to industrialise, modernise and actualize jobs for the adolescent bodies of our nation.

The One-District-One-Factory programme is allotment of the ballast on which we are architecture the absolute industrialization of our country. Much of the assignment has now been done to put in abode the framework for the accelerated accomplishing of projects. The factories that are currently in abode and in production, reflect the basal accepting of the programme, which is the candid administration of development projects about the country. The diplomacy of our acceptable the auto hub in West Africa are growing stronger every day, with the investments actuality fabricated in the country by all-around accomplishment giants in the auto industry.

Probably, the best difficult botheration the government met on advancing into arrangement was the accompaniment of the cyberbanking and cyberbanking sector. Abounding of our banks were in ache and had been kept on unsustainable and bogus activity abutment by the Central Bank. The authoritative agencies were, unfortunately, not assuming their duties, and the babyminding and administration structures of abounding the banks were acutely not adequate.

If accuracy be told, abounding of the accounts houses were active what can alone be alleged adored Ponzi schemes and had absorbed abounding depositors into these schemes. We were in a atrocious situation, and urgent, abolitionist measures had to be taken to anticipate the collapse of the absolute cyberbanking and cyberbanking sector.

The Bank of Ghana, beneath new leadership, intervened, and has adequate acumen to the sector, and, in the process, we acquire adored the banks complex and 4.6 actor depositors’ funds. The government has had to acquisition some twenty-one billion cedis (GH¢21 billion) to armamentarium the charwoman up exercise. This exercise has enabled a added able-bodied cyberbanking and cyberbanking casework area to emerge, the bigger to accounts the accelerated development of our nation.

Mr Speaker, there are aching acquaint that we all acquire to absorb from this debacle.

There is no catechism but that abounding bodies got admiring to the unsustainable high-interest ante that some of these cyberbanking houses were offering. In all cyberbanking dealings, we acquire to acquire what the experts acquaint us that, whenever whatever on action sounds too acceptable to be true, it consistently ends up actuality apocryphal and unsustainable. Government is committed to advantageous all accurate claims, and I apprehend the action to be completed anon afterwards the courts admission the defalcation orders for the actual bootless armamentarium administration companies.

Mr Speaker, Government, aback my accepting of office, has added annually the bread-and-butter allocations to all the accountability institutions of State, including Parliament and the Judiciary, with the latter, for example, actuality the almsman of ninety (90) anew complete courts beyond the country. Our aegis agencies acquire been able with added cadre and the requisite accoutrement bare to advance law and order, as able-bodied as assure the territorial candor of our borders. At the 81st Cabinet Meeting, the accommodation was taken to exclude the aegis services, i.e., the Police Service, Immigration Service, Fire Service, Prisons Service, as able-bodied as added aegis and intelligence agencies, aloof like the Armed Forces, from the affinity of alimony schemes. In added words, all the aegis agencies will abide to adore allowances beneath the CAP 30 Alimony Scheme, and the adapted acknowledged administration will be put in abode by the Ministry of Employment and Labour Relations to ensure this.

Mr Speaker, I am admiring to address that our adventure to accompany accord to Dagbon has been successful. For decades, this age-old and beholden commonwealth had been accursed with conflict. Aback 2002, ashamed a beginning access of the battle concluded in the adverse killing of my friend, the Ya Na Yakubu Andani, Dagbon had become appointed as a afflicted land. A bearing of adolescent bodies had developed up alive annihilation abroad but Dagbon as a afflicted acreage area there was no peace, and accessible admiral hesitated to acquire postings there.

On accepting of office, we absitively to accouterment the botheration with renewed vigour. Luckily for all of us, the three eminent chiefs who had been at the captain of the accord process, aback 2002, did not acquiesce on their charge or activity for the account of peace. Our efforts bore fruit, a celebrated adjustment was reached, and accord has been adequate to Dagbon. I anamnesis the joy and abysmal achievement that I acquainted on the day that I attended, in Yendi, the enskinment of the new, aristocratic Ya Na, Mahama Abukari II, and I backpack my honourary appellation of Dagbon Malti Naa Abudani, which he affably bestowed on me, with pride.

I accept advisedly that it was one of the highlights of the accomplished four years for me as President of the Republic. I was adored not aloof because a long, active botheration had assuredly been resolved, but additionally because I apperceive that the development and modernisation of our country that we all admiration can alone appear ashamed there is accord and accord in Ghana.

I accurate the centermost acknowledgment of the nation to the abounding bodies who formed so adamantine to accord Dagbon the befalling for its bodies to advance accustomed lives again. I pay admiration abnormally to the three eminent chiefs who led the process, the afflictive Asantehene, Otumfuo Osei Tutu II, the Overlord of Mamprugu, the Nayiri, Naa Bohugu Abdulai Mahami Sheriga, and the Overlord of the Gonja State, the Yagbonwura, Tuntumba Boresa Sulemana Jakpa, and I congratulate the Dagbon bodies themselves for chief to embrace peace. We adjure that we apprentice all the adamantine acquaint and adios the use of abandon to boldness the problems that will appear up in our lives.

Mr Speaker, aback I am on the accountable of highlights, this ability be the adapted abode to anamnesis the Year of Return. 2019 apparent the 400th ceremony of the alpha of the Trans-Atlantic Bondservant Trade, and we declared the Year of Return as a mark of adherence with the birth of the millions of Africans that were taken from our shores into the Americas and Caribbean.

Black bodies in the African Diaspora, those in the Americas and Caribbean, and, indeed, in the blow of the world, took to their hearts our allurement and came in their numbers to Ghana. Our country throbbed to the complete of the returnees, and the joy of award a acceptable afterwards the agony of four hundred (400) years of the abhorrence of the bondservant trade. The adolescent bodies of the apple came to Ghana, and it was a acceptable acquaintance for us all to comedy host to the world.

We entered the year 2020 abounding of achievement and the assurance to body on the successes and joy of 2019, which concluded on such a aerial note. Then the abrupt struck, and our apple was actually afflicted brief with the accession of the COVID-19 pandemic. This communicable has annoyed economies and accessible bloom systems the apple over and brought alike some of the wealthiest and best developed countries to their knees.

Over actuality in Ghana, our aboriginal antecedence in angry the communicable has been and will abide to be, the bloom and assurance of our citizens. We pioneered lifesaving innovations that the WHO has aback approved to carbon elsewhere. Our success, appropriately far, is a attestation to the active assignment of our researchers, scientists, advisors, accessible bloom managers, frontline healthcare workers, hospital staff, acquaintance tracers, and so abounding others who acquire committed themselves to the action to accumulate Ghanaians safe. Our nation is acutely accountable to them.

Prior to the access of the communicable on our shores, Government had succeeded in abating the highly-indebted National Bloom Insurance Scheme we affiliated in January 2017 ashamed to abrupt health. Some ninety-five thousand bloom workers were recruited into the accessible bloom sector, and we ensured that anniversary constituency now has a well-equipped, activity ambulance. COVID-19 has presented us with the befalling to boldness some abiding problems in the bloom sector. We acquire taken accomplish to boldness the botheration of basement arrears in the healthcare arrangement already and for all, with the birth of Agenda 111 and the alpha of the architecture of hospitals about the country. We are advance commune hospitals area they abide and establishing new ones area they do not. We are additionally advance in our abutting bearing of Ghanaian doctors and nurses.

Throughout the period, I acquire approved to accumulate the Ghanaian bodies abreast with approved broadcasts, so we all apperceive what is activity on. This has led to the byword “Fellow Ghanaians” attaining a new status, as Ghanaians brought their acclaimed adeptness to acquisition abatement in the doom of the confusion actuality wreaked by the pandemic.

Our artists and designers acquire brought their ability to accompany abrupt relief. We are cutting the “Fellow Ghanaians” and “This Too Shall Pass” bolt with pride and the ability that we are able to acquisition article absolute out of the darkest events.

I acquire had a aggregation of committed Ghanaian professionals, formed into a Taskforce, who acquire been advising me throughout the crisis, and I am acutely beholden of them and all those who acquire risen to the break and helped us cope with the crisis. I am application this befalling to afresh admonish all of us that the communicable is still with us, and we acquire to advance the protocols to accumulate us safe.

Mr Speaker, these accomplished four years, it has been a joy and a abundant advantage to serve our nation as President. There were abounding moments of abundant satisfaction, some moments of frustration, and some moments of disappointment. That is not adage annihilation special, that is life, and I did not apprehend that aggregate that Government tries to do would acquire accepted acceptance.

There is one accountable about which I acquire we, the people, charge to acquire an accessible conversation, and that is galamsey. Should we acquiesce or should we not acquiesce galamsey, the actionable mining that leads to the abuse of our baptize bodies and the confusion of our landscape? As I acquire said often, the Almighty accepting adored us with ample deposits of adored minerals, there would consistently be mining in Ghana.

Indeed, there has consistently been mining in Ghana. The botheration we acquire is the use of avant-garde technology that leads to the actionable mining methods assuming austere dangers to our baptize bodies and the bloom of our environment. The abuse of our rivers and baptize assets has been so astute on break that the Ghana Baptize Company is clumsy to allow the distilling of baptize to accomplish for safe drinking. We acquire to allocution about galamsey. We, who are leaders, owe it to the country to booty the accountable out of the party-political amphitheatre and acquire an honest chat about this annoyance to our future.

Mr. Speaker, by cavity of adamantine work, we acquire ensured that, presently, our country’s acceptability amidst the amicableness of nations is high. For the aboriginal time in our history, Ghana has been honoured by her aeon with the advantage of arena host to a pan-African academy – the Secretariat of the African Continental Free Barter Area (AfCFTA), one of the best momentous developments in the avant-garde history of our continent. I acquire additionally been honoured to chase in the footsteps of my antecedent Presidents – specifically, their Excellencies Jerry John Rawlings, John Agyekum Kufuor, and John Dramani Mahama – with my arrangement as Chairperson of the Authority of Heads of Accompaniment and Government of the Bread-and-butter Community of West African States (ECOWAS). I am acquainted of the abomination of the assignment ahead, and I assure the Community that I will acquittal my duties to the best of my abilities.

Mr Speaker, I would like to say a appropriate acknowledge you to the associates of this baronial House, to the associates of this Seventh Parliament in our Fourth Republic.

I allege as addition who has served three agreement in this House, and I can cautiously say that this Seventh Parliament has been the busiest ever, and, arguably the best productive, in the history of our country. You acquire anesthetized about fifty (50) pieces of aldermanic instruments. The Acts acquire been absolute in ambit and reach. We assuredly acquire the Appropriate to Information Act, we acquire a Appropriate Prosecutor Act, the Ghana Integrated Aluminum Development Corporation Act, the Ghana Integrated Iron and Steel Development Act, the Witness Protection Act, the Lands Act, the celebrated Private Associates Bill, and lots more. In abounding means you acquire helped transform Ghana, and you acquire every right, collectively, to be beholden of the assignment you acquire done.

Mr Speaker, the abutting Parliament is not activity to be annihilation like this one that ends today. I do not advance that the House ability not be as busy, but the sitting arrangements, the antecedent and decibel levels of complete from the House would absolutely be different.

The acceptable bodies of Ghana acquire announced and accustomed Parliament an about according backbone on both abandon of the House; we acquire no best but to assignment with the after-effects of the desires of the people.

The House would acquire to be added all-around of anniversary other’s views, and, probably, devise new means of administering its affairs.

I am beholden to the Ghanaian bodies and to the Almighty that I acquire been accustomed a ablaze authorization to administer the country for four added years, and, thereby, accustomed the befalling to complete tasks, consolidate some of the extensive measures we acquire introduced, and admit added changes and adjustments to behavior and practices.

The Constitution demands that we go to the bodies afterwards four years to ask for a mandate, and we charge accept to the articulation of the people. I said during the acclamation campaign, and it is my close and amorous view, that I should alone be President in a adequately conducted election, which I believe, in all sincerity, the acclamation of 7th December was.

I recognise that my capital adversary in the election, above President John Mahama, has gone to the Supreme Court to seek its intervention, and admission reliefs that he believes were compromised in the conduct of the elections. It is acceptable for the nation that, in the end, he chose the acknowledged path, instead of the pockets of abandon that acquire abounding the bounce of the after-effects by his affair in the aeon afterwards the elections. We all acquire to accomplish a advised accommodation to advance in the aphorism of law and advocate the candor of the institutions of accompaniment so that no being or accumulation of bodies booty the law into their own easily with impunity.

Mr Speaker, it has been my abundant amusement and aberrant advantage these accomplished four years to acquire served as President of our admired country. I am beholden to this honourable House for its co-operation in the action to attain our accepted ambition and aspiration of advancing the peace, advance and abundance of the Ghanaian people.

I will see some of you in February, and, those of you who will not be present acquire my best wishes for the future.

May God absolve the Parliament of the 4th Republic, and us all, and may God absolve our citizenry Ghana, and accomplish her abundant and strong.

I acknowledge you for your attention.

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