Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Minority Vote Against All 7 New Justices To Supreme Court
    • 12-year-old boy hanged naked & tortured
    • Schoolgirl Dies While Visiting Kasia Boyfriend
    • Newly Appointed MCE Dead
    • Mahama Pushes For July 1 Holiday
    • James Kofi Annan ordered to stop calling himself Dr.
    • Actress Kulsoume Sinare Appointed Ambassador
    • Galamsey Sites Under Full Attack
    Facebook X (Twitter) Instagram YouTube
    InsightNewsgh.ComInsightNewsgh.Com
    • Home
    • News
    • Business
    • Entertainment
    • Politics
    • Sports
    InsightNewsgh.ComInsightNewsgh.Com
    Home»Politics»Cut Down The Size Of Your Govt To Restore The Economy – Pentecostal Council Advises Akufo-Addo
    Politics

    Cut Down The Size Of Your Govt To Restore The Economy – Pentecostal Council Advises Akufo-Addo

    Insight NewsBy Insight NewsFebruary 9, 2023No Comments2 Mins Read
    Cut Down The Size Of Your Govt To Restore The Economy - Pentecostal Council Advises Akufo-Addo
    Cut Down The Size Of Your Govt To Restore The Economy - Pentecostal Council Advises Akufo-Addo
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The Ghana Charismatic and Pentecostal Council has appealed to incumbent President Nana Akufo-Addo to introduce practical austerity measures to save the economy.

    According to the Council, reducing the size and spending of government can help save the current economic turmoil.

    READ ALSO: Retainment of GRA Commissioner General creating tension – Gyampo writes to Akufo-Addo

    In a statement, the GPCC also called on the government and other stakeholders to work together to establish a national dialogue forum for regular consultation and engagement on relevant issues of national concern.

    “Urgently downsize government machinery and cut down on expenditure to start building confidence about its commitment in solving our economic problems. From the Council’s perspective, it is important that the Government demonstrates a strong sense of burden-sharing to encourage key bondholders to fully accept the exchange voluntarily.

    “This should include Government explicitly and verifiably cutting down on its expenditure, including reducing the size of the government, among other areas. This is very critical to encourage buy-in from the general public.”

    Nana Addo Assures Ghanaians Of Concluding IMF Deal In March
    IMF Bailout

    The GPCC also called on the government to ensure that domestic debt swaps do not destroy the financial sector.

    “Whatever form the DDEP takes, Government should ensure that the financial sector, which is a key pillar of growth for the economy, is not destroyed in the process of the debt exchange.”

    READ ALSO: I Never Prayed For Haruna Iddrisu’s Position – Ato Forson

    “The Council acknowledges the setting up of the financial sector stability fund, as a measure to provide support to the financial sector, but the Council expects to see a clear demonstration that the facility is fully funded for implementation, in order to provide full assurance to the financial sector and the banking community.”

    The call from the GPCC follows similar calls from the opposition National Democratic Party and some civil society organizations that have advised the government to cut staff to cut costs.

    Apostle Eric Kwabena Nyamekye Debt Exchange Program Domestic Debt Program GPCC Pentecostal Council President Nana Akufo-Addo
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Insight News
    • Website

    INSIGHTNEWSGH seeks to give readers balanced, credible and neutral news from across Ghana and the world. We cover News, Politics, Business, Entertainment, Sports, among others.

    Related Posts

    Minority Vote Against All 7 New Justices To Supreme Court

    June 25, 2025

    Newly Appointed MCE Dead

    June 25, 2025

    Kennedy Agyapong urges fairness in flag-bearer race

    June 23, 2025
    Leave A Reply Cancel Reply

    ADVERTISEMENT
    Health Tips
    LATEST STORIES

    Minority Vote Against All 7 New Justices To Supreme Court

    June 25, 2025

    12-year-old boy hanged naked & tortured

    June 25, 2025

    Schoolgirl Dies While Visiting Kasia Boyfriend

    June 25, 2025

    Newly Appointed MCE Dead

    June 25, 2025

    Mahama Pushes For July 1 Holiday

    June 25, 2025
    POPULAR

    Minority Vote Against All 7 New Justices To Supreme Court

    June 25, 2025

    12-year-old boy hanged naked & tortured

    June 25, 2025

    Schoolgirl Dies While Visiting Kasia Boyfriend

    June 25, 2025

    Newly Appointed MCE Dead

    June 25, 2025

    Mahama Pushes For July 1 Holiday

    June 25, 2025
    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms & Conditions
    • Disclaimer
    • Buy Adspace
    • Buy Adspace
    • Hide Ads for Premium Members
    © 2025 Insight News GH.

    Type above and press Enter to search. Press Esc to cancel.