General News of Friday, 5 April 2019Source: Graphic.com.ghNPP has drawn economy back — NDCIsaac Adongo, MP for Bolgatanga CentralThe opposition National Democratic Congress (NDC) yesterday described as inaccurate the economic records listed by the the government’s economic management team and said the economy has rather been drawn back in the last two years. This means that the BoG had pumped $700m of our hard-earned net international reserves to stabilise the cedi," he said. Dr Bawumia, at the town hall meeting on Ghana’s economy last Wednesday, had stated that Ghana’s debt-to-GDP stood at 48 per cent and indicated that the economy had been performing better in the last two years than it was under the Mahama administration. He said Bloomberg Terminal, which tracks the performance of currencies worldwide, currently had the cedi as the worst performing currency in Africa andthe implementation of the Sendai Framework. The participants cited ineffective coordination among stakeholders, the lack of a comprehensive national DRR policy, unreliable political commitments, high levels of political interference, among others, as issues militating against Ghana’s DRR plan.

Source: GhanaWeb April 05, 2019 07:30 UTC