- Based on the positive performance of the economy, it comes as no surprise that economic growth increased from 3.6% percent to about 8% last year. Continuous growth is needed to ensure economic stability and tremendous improvement in the welfare of the people. As a result of the solid micro-economic fundamentals, the economy has been described by many local and international experts as fast-growing.
Written By Dr. Kofi Amponsah-Bediako - Characterised by heckling from some members of Parliament and occasional humorous interventions by the President, the State of the Nation Address touched on all sectors of the economy. Issues raised included reduction of inflation, stabilisation of the exchange rate, tax reduction and choking of the economy by huge debts.