Prez Akufo-Addo to Hold 3-Day Retreat with Cabinet on the Implications of Covid-19 on the Economy

President of Ghana, Nana Akufo-Addo Dankwa and his Cabinet will hold a three-day meeting to assess data gathered so far, in regards to the impact of the Covid-19 pandemic on all sectors of the country’s economy.

The cabinet meeting, as disclosed by the Information Minister, Kojo Oppong Nkrumah at the covid-19 press update in Accra, is expected to commence today [May 7, 2020].

The Information Minister noted that, all sector ministers are to accordingly report on the impact of the disease across their ministries and provide recommendations thereof.

 “It would be recalled that from the onset of the pandemic the Minister responsible for Finance, the Honourable Ken Ofori-Atta briefed the nation through parliament on the projected economic impact of the pandemic and measures that the government was projecting to take to mitigate the impact.

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“Since then, under the leadership of the President the government of Ghana has rolled out a number of measures in responding first, to the health crisis specifically, and second, to the socio-economic challenges that come with managing it. These measures as you would recall include free water for three months, free electricity for three months for lifeline consumers and 50% discount for non-lifeline consumers, among others…”.

He said after about eight weeks of the pandemic in teh country, the government of Ghana has actual data on Covid-19 and its real impact across various sectors – education, health, trade, the economy and etc.

According to Oppong Nkrumah, government would examine the observed impact, the recommendations that are being made, the implications and commence preparations for laying same before parliament.