NDC Manifesto Economy no longer bleeding - Mahama

According to him, his government has been able to identify the various factors that contributed to the challenges in the economy before going for the IMF bailout.

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The Ghanaian economy is now more predictable and no longer bleeding as it used to be in previous years, President John Mahama has said.

According to him, his government has been able to identify the various factors that contributed to the challenges in the economy before going for the IMF bailout.

“The economy is no longer bleeding as a result of unsustainable power tariffs. The cedi is very stable and we will ensure that it stays stable. By next year, we should go into single digit inflation and be able to sustain it. GDP growth is expected to exceed 8% this year,” he stated.

President John Dramani Mahama made this known during his presentation of to a cross-section of Ghanaians, the highlights of the National Democratic Congress (NDC) Manifesto for 2016.

The event comes ahead of the main launch of the Manifesto on Saturday September 17, in Sunyani in the Brong Ahafo Region.

The president in his presentation also said that his government will not relent on its efforts to make Ghana a cashless economy.

“By 2021, if you have to pay money to government anywhere, we won't accept cash it has to be by bank transfer or mobile money or cards”, he said.

The president added that a Provident Fund will be set up for aging artistes to receive monthly stipend so that they do not live in poverty.

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