Ghana’s Economy! Akufo-Addo’s Cabinet Gathers for Solutions (See Details)

By Riddy10 3 Min Read

President Akufo-Addo and his cabinet have embarked on a three-day retreat, commencing on Friday, October 20, to deliberate on essential measures aimed at revitalizing Ghana’s economy.

The gathering also serves as a platform to strategize and secure the second tranche of the $600 million balance of payment support for the nation after successfully reaching a staff agreement with the International Monetary Fund (IMF).


One pressing concern on the agenda is the urgent measures required to assist those affected by the recent Akosombo Dam spillage. This crisis unfolded after the Volta River Authority initiated the release of excess water due to elevated water levels at the Akosombo and Kpong hydro dams on September 15.

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Ghana's Economy! Akufo-Addo's Cabinet Gathers for Solutions (See Details)

The aftermath of the spillage has been devastating for many residents residing along the Lower Volta Basin.

Homes and farmlands have been submerged, resulting in a humanitarian crisis that affects nine districts in the region.

READ ALSO: Woman Crushed to Death by Falling Container in Onitsha

The South, Central, and North Tongu districts of the Volta Region have borne the brunt of this catastrophe. Vibrant communities such as Battor, Tefle, Mepe, Sogakope, Adidome, and Anlo have been inundated, and their existence now hangs in the balance.

In response, many residents have undertaken self-evacuation measures, while the National Disaster Management Organization (NADMO) and various agencies have mobilized to provide assistance and support.

Numerous institutions and individuals have also contributed relief items to aid those affected by the disaster.

Meanwhile, Vice President Dr. Mahamadu Bawumia has emphasized the need for stakeholders to consider reengineering the Akosombo Dam to effectively manage spillage and mitigate its devastating effects on the livelihoods of affected communities.


This action is deemed crucial in safeguarding the dam’s integrity, protecting lives, and preserving properties amidst the looming threat of climate change.

The retreat marks a critical juncture for President Akufo-Addo’s administration as they address both the nation’s economic revival and the pressing issue of the Akosombo Dam spillage, demonstrating their commitment to the well-being and prosperity of Ghana and its citizens.

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