"We shall move into the Jubilee House"- Veep

Vice President John Dramani Mahama has assured that the Presidency would move into the Jubilee House as soon as arrangements are complete.

"The Chief of Staff has tasked people to do some studies to find out key organizations that would move with the presidency and as soon as that is completed, we shall definitely move into the Jubilee House."

Vice President Mahama, who spoke to journalists in an interview in his office, said the National Democratic Congress criticized the construction of the Jubilee House when it was in opposition because the party felt it was not appropriate considering the economic challenges at the time but once it has been constructed, the government has no option but to make use of it.

"Government has the intention of occupying the Jubilee House. After all, it has already been built and it belongs to all Ghanaians and we shall make use of it after sorting out things."

He explained that the Jubilee House is too small to contain all the offices housed at the Castle, saying that is why the Chief of Staff has engaged people to select those that would be sent to the palace.

The Vice President added that the Ministry of Foreign Affairs is temporarily located at the Jubilee House while government finds a permanent place for the workers.

He said the government is on the verge of securing about $500 million from the International Monetary Fund (IMF) and the World Bank, adding that "such monies would support the government to pay government's arrears to contractors and Tema Oil Refinery debts."

The Vice President said the President has tasked all the sectors to draw up programmes that would create more jobs for the youth in the coming years and as soon as that is completed, the rate of unemployment would reduce.

He assured that government is on track in providing a onetime payment of National Health Insurance Scheme and would implement it before the end of the first term of President John Evans Atta Mills.

Vice President Mahama said the current drop in inflation and stability of the cedi against major currencies is boosting the confidence of investors who are already trooping into the country.