President John Mahama has stated that the performance of the economy within the last six months serves a lesson to the government.
He conceded that there have been several challenges to the economy but these according to him will be overcome with government strategies.
Government has been criticized by the New Patriotic Party, NPP and the Trades Union Congress, TUC for mismanaging the economy by over-spending and thus increasing the public debt.
The President was speaking during a meeting with members of the Council of State on Friday.
He said: “In presenting the budget, we put all the figures out as truthfully as we could and even though the figures didn’t look good, we thought that Ghanaians should know.”
He pointed out that the country is currently running a high deficit which resulted from several factors and therefore going forward, government “will make sure that those factors don’t take us to a situation like that ever again.”
Touching on Ghana’s energy crisis, President Mahama recalled that “one of the major problems that confronted us was the energy crisis and we’ve been working round the clock and even though I won’t say yet that we are over the hill, at least, these conditions continue to improve on a day to day basis and we hope that unfortunate period behind us and we putting in steps that will make sure that we never ever find ourselves in the situation which we found ourselves.”
The Chairman of the Council of State, Cecelia Johnson on her part commended the various parties in the election petition for their conduct since the commencement of the trial.
“We wish to commend you Mr. President for boldly affirming your readiness to go along with whatever verdict that will come from the Supreme Court on the hearing of the petition against the presidential elections of 2012.”
She noted that this development “has sent the right signals to the outside world and reinforced Ghana’s credentials as a beacon of democracy in Africa. When all this is over, we believe that our dear nation Ghana will be the ultimate winner.”