Economy is on a steady rebound – Ahiagbah

In the first quarter of 2024, Ghana’s economy experienced a year-on-year growth rate of 4.7 percent, surpassing the 3.8 percent recorded during the same period in the previous year. These figures were released by the Ghana Statistical Service (GSS). Key sectors such as mining and quarrying, information and communications, and crops significantly contributed to this growth. Additionally, the construction sub-sector and accommodation and food service activities also played a role in boosting overall productivity, as measured by Gross Domestic Product (GDP).

In a post on X, Richard Ahiagbah, the Director of Communications for the New Patriotic Party (NPP), expressed optimism about Ghana’s economic trajectory. He believes that government measures can potentially surpass the average growth rate of 7% achieved in previous years (2017, 2018, and 2019)

Mr Ahiagbah criticized the National Democratic Congress (NDC) campaign for distorting the government’s economic record. He believes that the NDC’s focus on current economic challenges undermines the remarkable achievements made during the government’s first term. He also acknowledged that disruptions caused by COVID-19 and the Russia-Ukraine War impacted the unprecedented 7% average GDP growth during that period.

Mr. Ahiagbah encouraged Ghanaians to support and accept the solution-led optimism of Dr. Bawumia and reject the baseless pessimism of others.