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Economic crisis: Let’s eschew impossibility mindset, says Bawumia

The vice-president says the Akufo-Addo-led government has put in place the necessary pillars for economic recovery

The Vice-President Dr Mahamudu Bawumia has called on Ghanaians to have confidence in the current managers of the economy because the government is “putting in place the key pillars for the economic transformation of Ghana.”

Speaking on the state of the economy at the TESCON national conference on Thursday (7 April) in Kasoa, Dr Bawumia said although the COVID-19 pandemic and the Ukraine crisis had a toll on Ghana’s economy, the government is firmly in control of affairs.

“Our progress has been temporarily stalled,” Bawumia said. “We may not yet be where we want to be, and we may be buffeted by the winds of the pandemic and the war for yet a little while, but we have made a great start and, together, we shall finish what we started.”

“We understand your desires for a bright and prosperous future. A future that would have the resilience to better withstand shocks of the nature we are currently experiencing. I am excited about the prospects of the nation we are building, the brilliant minds being nurtured who are contributing towards this vision.

“We must allow our mindset to build our courage that we can be among the best in the world at anything. Some of our senior high schools are winning world robotic competitions. We must believe in our capabilities and do away with the impossibility mindset. We are building a new economy,” the economist said.

He outlined some of the achievements of the Akufo-Addo government as follows:

Under the leadership of Nana Addo Dankwa Akufo Addo; 1. For the first time in our history, Ghana has successfully issued a digital National ID card
2. For the first time in our history, Ghana has a Digital Property Address system
3. For the first time in our history, Ghana has Mobile Money Interoperability
4. For the first time in our history, any Ghanaian who has a National ID card can open a bank account using their mobile phone
5. For the first time in our history, over 80% of adults in Ghana have Tax Identification Numbers versus 4% in 2017
6. For the first time in our history, Ghana is using drones for the delivery of critical medicines and blood to remote communities Ghana now has the largest medical drone delivery service in the world.
7. For the first time in our history Ghana is implementing One district one factory – Our government has facilitated the establishment of more factories than any other government since independence.
8. For the first time in our history, Ghana has paperless clearing of goods at the ports
9. We have digitized the process of passport acquisition
10. For the first time in our history, Ghana has digitized the process of drivers license acquisition
11. For the first time in our history, Ghana has implemented the Ghana.Gov platform. A one stop shop for public service delivery
12. For the first time in our history, Ghanaians can renew their NHIS membership from their mobile phones
13. For the first time in our history, Ghanaians can apply for scholarships on their mobile phones
14. For the first time in our history, Ghanaian students can apply for student loans without the need for a guarantor
15. For the first time in our history, Government is implementing a pension scheme for cocoa farmers 16. For the first time in our history, Ghanaians and law enforcement can find out the insurance status of any vehicle on their mobile phone using the Motor insurance database
17. For the first time in our history, Ghanaians were provided free electricity for life line consumers for a year during the height of the COVID-19 pandemic
18. For the first time in our history, Ghanaians were provided 50% reduction in electricity tariffs for non-life line consumers for a year during the height of the COVID-19 pandemic
19. For the first time in our history, Ghanaians were provided free water for a year during the height of the COVID-19 pandemic
20. For the first time in our history, Government has provided Free Wifi to over 700 senior high schools, 42 colleges of education and 13 public universities
21. For the first time in our history, Ghanaian pensioners can obtain their SSNIT pension 10 days after making an application.
22. For the first time in our history, Ghana is implementing a Nationwide E-Pharmacy which I will launch in the next few weeks. We will be one of a few countries in the world to have a nationwide E-Pharmacy. 23. For the first time in our history, Government, has implemented a One Constituency One Ambulance program
24. For the first time in our history, Ghana is implementing One district one district hospital (AGENDA 111). By the end of our second term, we would have built more hospitals than any government in our history.
25. For the first time in our history, Government has established a Zongo Development Fund for deprived Zongo communities.
26. For the first time in our history, we are implementing Free TVET and have established the Ghana TVET service 128 27.For the first time in our history, our Government has implemented Free SHS.

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