"You're managing the economy in a way to look at its impact on these variables; exchange rate, interest rate, inflation, and growth rate. That was NDC economic management." VerdictIndeed Dr. Bawumia is right with what he describes as prudent management of debt levels, and its positive impact on economic levels, or indicators. The average depreciation rate of 7.52% in the first term of the Akufo-Addo administration between 2017 and 2020, is the best depreciation rate for any first-term government in the 4th Republic, and it is second only to the best of 6.77% depreciation rate, which was recorded in the 2nd term of the Kufuor administration between 2005 and 2008. According to global economic analysts, Ghana's economic growth in 2021, is projected to increase to about 4%.

Source: GhanaWeb August 08, 2021 16:41 UTC