General News of Tuesday, 2 April 2019Source: dailyguidenetwork.comGovernment tackles $2.4bn energy debtPresident Nana Addo Dankwa Akufo-AddoThe $2.4 billion energy debt inherited by the New Patriotic Party (NPP) administration from the previous Mahama administration is being tackled, President Nana Addo Dankwa Akufo-Addo told Ghanaians resident in Worcester, Massachusetts, United States, at a Town Hall meeting. He said his predecessor Mr. Mahama resorted to the IMF after he lost control of the management of the economy between 2012 and 2016. But by discipline, by honest management of our public’s finances, we have brought the situation back to where it should be. So we have exited the IMF programme,” the President said to spontaneous cheers from the crowd. “We have also established a Presidential Advisory Council, headed by some very distinguished, eminent Ghanaian economists, who will advise the President on the measures to make sure that we maintain fiscal discipline.

Source: GhanaWeb April 02, 2019 10:18 UTC