• About
  • Advertise
  • Privacy Policy
  • Contact
Monday, May 11, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in General News

We’re Managing The Situation- Palgrave Boakye on State of Ghana’s Economy

M.Cby M.C
March 22, 2022
Reading Time: 3 mins read
Government spokesperson on governance and security, Palgrave Boakye-Danquah

Government spokesperson on governance and security, Palgrave Boakye-Danquah

Government Spokesperson on Governance and Security, Palgrave Danquah Boakye, has intimated that government is managing the economic situation the country currently finds itself in.

Reacting to John Mahama’s comments on the economy being poorly managed under the current administration, Mr. Boakye Danquah noted that the current challenge the country is facing, is as a result of external factors and assured that government is working to deal with the challenges at hand. He stated that the Former President, John Dramani Mahama, is in no position to criticize government about the status of Ghana’s economy.

“Globally, there is a challenge which is why as a government, we are managing the situation. If you follow the conversation, you will see that steps are being taken by government to be able to ensure that we put measures in place to help mitigate the depreciation of the Cedi.”

Palgrave Danquah Boakye
Veep commends NPA for leveraging on government’s digitization drive
Vice-President, Dr Mahamudu Bawumia

According to Palgrave Boakye, the President has tasked the Minister of Finance and the Minister of Energy to hold consultative meetings with various agencies to ensure that they find solutions. He noted that government is seeking to cushion the common Ghanaian so that the fuel price hike will be minimized. “These are interventions that government is undertaking.”

“President Akufo-Addo also said that he is going to inject GHS2 billion into the economy. And so, as it stands, the global challenge which has barraged every economy, Ghana is managing these issues effectively.”

Palgrave Danquah Boakye

Bawumia working effectively at post

Palgrave Boakye replying to the public’s request of the whereabout of the Vice President as he hasn’t commented on the current economic situation, indicated that the Vice President is at post in his line of work and working effectively. “It is important that we put things in proper perspective, the Vice President is working , President is working, government workers are working and we are communicating and explaining the issues for Ghanaians to understand.”

ADVERTISEMENT
115965010 ndcstrongroomandjohnmahama
Former President, John Mahama

The Former President, John Dramani Mahama recently stated that the current governing administration has poorly managed the economy which has resulted in the economic difficulties the country is currently faced with. The Former President cited inflation, rise in fuel prices and the depreciation of the cedi as key challenges Ghanaians are facing.

“The Akufo-Addo led government that came to power on the back of mouth watering promises to make life easier for Ghanaians and ensure rapid development of our country, has so badly mismanaged the economy that we have been plunged into the most debilitating economic crisis in about four decades.”

John Mahama

John Mahama indicated that the general hardship has made life unbearable for Ghanaians and stated that the youth are suffering the most from broken promises by the government. The Former President further “teased” the Vice President, Dr. Mahamudu Bawumia, that “the dollar has rather arrested him” as against his earlier promise to arrest the dollar and stabilize the cedi as well as the economy.

Read Also: VGMA Board Explains Why They Scrapped ‘Group Of The Year’ Category

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: BawumiaeconomyfinanceGhanaNewsJohn Mahama
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

Ghanaian Banks Make GH¢1.3Billion Profit in the first two months of 2022- BoG

Next Post

Fitch Ratings Raises Global Commodity Price Assumptions

Related Posts

Picture of HE President John Dramani Mahama and other Government Officails signing the Value for Money Office Bill 2026 into law
General News

Mahama Signs Value for Money Office Bill to Curb Inflated Contracts

May 11, 2026
Adwoa Oboubia Opoku-Darko, Administrator of the Ghana Medical Trust Fund formalised key partnership with the Ghana College of Physicians and Surgeons
General News

Ghana Medical Trust Fund Injects GHS36.2m to Strengthen Specialist Healthcare Workforce

May 11, 2026
Adjoa Obuobia Darko-Opoku, the Administrator of the Ghana Medical Trust Fund
General News

President Mahama Donated His Six-Month Salary  — Obuobia Darko-Opoku

May 11, 2026
Administrator of the Ghana Medical Trust Fund (Mahama Cares) Adwoa Oboubia Opoku-Darko
General News

Ghana Medical Trust Fund Spends GHS 4.8m on Patients Treatment

May 11, 2026

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Recent News

Kaja Kallas, European Union’s Foreign policy Chief as Prisoner Exchange Amid Heavy Russian Airstrikes On Ukrainian Cities

Kallas Says Putin In Weaker Position Than Ever Before

May 11, 2026
Mr. Tweneboah Kodua Boakye, CEO of the Ghana Association of Savings and Loans Companies

Traders Face Credit Bottleneck Despite Macroeconomic Recovery

May 11, 2026
Hasham Aly at the warm up track at the University of Ghana Stadium annex

Egypt’s High Jump Coach Cries Over Food and Water Shortages at SAC

May 11, 2026
US President, Donald Trump.

Trump Optimistic About Diplomatic Solution With Iran

May 11, 2026
Hon. Elizabeth Ofosu-Adjare, Minister for Trade, Agribusiness, and Industry, with H.E. Christian Rogg, UK High Commissioner to Ghana

Trade Minister Coordinates Global Alliances, Targets 20 New Chinese Investors

May 11, 2026
Next Post
gold

Fitch Ratings Raises Global Commodity Price Assumptions

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover the Details behind the story

Get an in-depth analysis of the news from our top editors

Enter your email address