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What to expect: Maiden Town Hall of Economic Management Team

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Vice President, Dr Mahamudu Bawumia, will on wednesday lead the Economic Management Team (EMT) for a formal engagement with a piece of the ghanaian public.

The maiden town hall Meeting is on the theme, ‘Our Progress, Our Status, Our Future,’ and forms a part of a new initiative announced early by the information Ministry.

Spokesperson of the vice president and a member of the EMT Secretariat, Dr Gideon Boako, has said the town hall meeting are a question-and-answer session that elicits the concerns of ghanaians on key economic problems.

The meeting, which is anticipated to start out at 10:00 am at the college of Physicians and Surgeons is also aimed toward briefing ghanaians on developments in Ghana.

The cedi’s recent depreciation challenge is billed to be top on the topical problems at the meeting.

Ghanaian businesses have raised concerns about the health of the local currency which has depreciated against the dollar from GHC4.9 to over GHC5.5 since the turn of the year.

In 2018, the cedi depreciated by 8.4 % against the dollar.

The recent power cuts that some experts have deuced on a financially-challenged sector also will feature conspicuously.

Ghana was recently classed among eleven countries tagged as at high risk of debt distress in africa.

Ghana’s public debt stock as at the end of 2018 stood at GHC173.2 billion, according to the outline of Economic and financial information of the Bank of Ghana.

The EMT is probably going to deal with considerations of the unrelenting yearly increase of debt figures.

The EMT under the Nana Akufo-Addo led administration consists of 9 members and chaired by Dr Bawumia.

Senior Minister is the Team’s Vice Chair. alternative members embrace finance minister, Ken Ofori-Atta; Agric Minister, Dr Owusu Afriyie Akoto; Energy Minister, John Peter Amewu; Minister for coming up with, professor George Gyan Baffour; Trade Minister, Alan Kyerematen; Minister for observation and analysis, Dr Anthony Akoto-Osei; and Joe Amoako-Tuffour who is Secretary of the Team.




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