Vice President and New Patriotic Party (NPP) flagbearer, Dr. Mahamudu Bawumia, expressed his deep appreciation to the Ghanaian public, bondholders, and other stakeholders for their steadfast support in the government’s debt restructuring program. Addressing the audience at the Ghana CEO Presidential Gala held at the Movenpick Hotel on November 7, Dr. Bawumia acknowledged the significant sacrifices made by both the business community and bondholders in helping to stabilize Ghana's economy.
In his remarks, Dr. Bawumia underscored the collective efforts that were instrumental in addressing the severe economic challenges Ghana faced in recent years. "I would like to extend my gratitude to the Ghanaian people, particularly the business community and bondholders, for the sacrifices you have made to support the government’s efforts to restructure debt and safeguard our economy,” he said.
The Vice President highlighted that Ghana’s economy, although under strain, is on a gradual path to recovery due to these concerted efforts. He pointed out that debt restructuring has been central to the nation’s recovery, creating a foundation for sustainable growth. The debt restructuring initiative, designed to relieve the national budget and attract long-term investment, reflects a strategy to alleviate financial burdens and create a more stable economic environment.
Dr. Bawumia shared his optimism for the country’s economic trajectory, suggesting that the recent efforts have laid a groundwork that will eventually allow Ghana’s economy to grow stronger and more resilient. Despite the economic hardships experienced in recent years, he conveyed confidence that continued collaboration and support across sectors could drive Ghana toward a more stable economic future.
The Vice President assured his audience that the government remains committed to its recovery agenda, with the overarching goal of delivering improved economic stability. With the support of all sectors and ongoing adjustments, Dr. Bawumia believes Ghana is poised to make measurable progress and strengthen its resilience against future economic pressures.
This acknowledgment of stakeholders' roles in navigating the country’s financial landscape underlines the government's recognition of the challenging trade-offs citizens and businesses have endured. Dr. Bawumia’s message reflects a hopeful perspective, encouraging all sectors to maintain their support for the long-term economic transformation of Ghana.
The Vice President concluded by reaffirming that Ghana's journey toward economic recovery and resilience requires unity and dedication from every citizen and sector, with a shared vision for the nation’s prosperity.
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