President Nana Addo Dankwa Akufo-Addo will later tonight, Sunday March 27, 2022 address the nation on decisions taken by the government to address recent economic challenges confronting the country.
This comes a few days after the Finance Minister also announced some government interventions to salvage the country’s ailing economy.
The address will, among other things, capture an announcement of the reopening of the country’s land borders and measures that will be put in place to prevent a possible spike in cases of COVID-19.
Government last week hinted of a possible opening of the country’s land borders in the next two weeks.
The border opening follows calls by many stakeholders who have lamented the negative impact the situation is having on the economy of border communities.
Land borders have been closed since the onset of the coronavirus two years ago as part of measures to prevent the virus.
Pressure has been mounting from various sections of society for the government to finally ease the restriction on land borders.
The Minority in Parliament asked that the land borders be opened with immediate effect for the free flow of goods and persons among neighboring countries.
Some long-distance commercial bus drivers operating in Accra also urged the government to reopen the country’s land borders to enable them to resume operations.
In December 2021, President Akufo-Addo said it was not the right time to reopen borders, amid a surge in COVID-19 cases because of the Omicron variant.
The Ghana Health Service had also urged the government to keep the country’s land borders closed as part of measures to ensure that the Omicron variant does not spread.
Economy
Cabinet over the weekend met at Peduase to consider the myriad of issues confronting the country, including the rising cost of fuel and general inflation in the country, and brainstorm on how to arrest the situation.
President Akufo-Addo is said to have approved a number of ‘far-reaching measures’ to address the challenges such as the depreciation of the Cedi, high public expenditure, inflation and fuel price hikes.
It follows a meeting with members of the Council of State of the government’s plans to tackle the challenges and revive the economy.