Politics

Majority Leader gives positive outlook of nation

The Majority Leader has given a positive outlook about the socio-economic performance of the nation under the Nana Akufo-Addo-led Administration and the government is on course to deliver on its promises.

The economy has been projected by economists and financial experts to grow by 7.3 per cent in 2019, after two years of sluggish growth from 2014-2016, real Gross Domestic Product (GDP) growth also reached 6.7 per cent in the first quarter of this year by dint of hard work, inflation rate has reduced to nine per cent.

Osei Kyei-Mensah-Bonsu, the Majority Leader and Minister of Parliamentary Affairs, who made this known, was launching a Welfare Fund at Suame in the Ashanti Region, initiated by Suame Constituency of the New Patriotic Party (NPP) for the growth of the party.

The fiscal account deficit, he indicated, improved marginally from 5.9 per cent in 2017 to an estimated 5.7 per cent in 2018, while the average lending interest rates also declined by 4.71 percentage points to 16.23 per cent in September 2018.

Mr Kyei-Mensah-Bonsu, the Member of Parliament (MP) for Suame, noted that “the NPP Administration believes in promoting pro-poor socio-economic policies and programmes in order to better the lives of the citizenry, behove on the rank and file of the party to rally behind the government for the successful implementation of ongoing development programmes tailored to bring comfort to the people.

“We should explain to the masses the policies and programmes of the government to help keep the citizenry informed of the direction being towed by the nation,” he stressed.

Dr Osei Bobie-Boahin, the Suame Municipal Chief Executive (MCE), said the municipal assembly over the last two years had been investing in the economic growth of the area and cited agricultural, industrial and business development for the benefit of the people, high on its agenda was to promote good governance at the grassroots.

He entreated the NPP members to stay united and avoid acts that had the tendency to draw the party back on its development track.

 Bright Agyemang, the Suame Constituency NPP Chairman, advised the people to contribute meaningfully towards the fund to help the party build a strong financial base. –GNA

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