Ghana’s President Nana Akufo-Addo will give his 29th update on Sunday, May 28, on how his government is tackling the Covid pandemic.
He will also talk about the $3 billion funding package that Ghana secured from the International Monetary Fund (IMF) earlier this month.
The president said in an interview at the Qatar Economic Forum in Doha on Wednesday that the IMF deal will help Ghana reposition its economy and enable it to better control inflation and interest rates.
He said his administration will be disciplined in implementing the deal, which includes increasing domestic savings, controlling public expenditure, and giving impetus to private-sector investment.
Akufo-Addo also said that Ghana is working on producing its own chocolate to derive more revenue from the cocoa industry, which is the world’s second-biggest.
He said the process is a “daunting” one, but he is confident of meeting new European Union standards for cocoa exports and penetrating new markets in Asia and other regions.