Chief Executive of Dalex Finance Limited, Kenneth Thompson, has voiced his dissatisfaction with the 2024 Budget Statement and Economic Policy presented by the government.
He believes that the ruling government has taken advantage of and deceived Ghanaians.
Speaking on JoyNews' Newsfile on Saturday, Mr. Thompson said the government utilised funds from Ghanaians for exchange programmes during a time when the economy was in disarray, yielding no significant benefits.
“I feel cheated, I feel used and I find what they have done as immoral,” he said.
Mr. Thompson raised concerns about the lack of attention to the struggles of ordinary Ghanaians in the budget presentation.
He emphasised the challenges faced by the populace, including the high cost of living and widespread unemployment and questioned the government's failure to address the pressing issues affecting Ghanaians
“Economic prosperity is not about numbers, economic prosperity is not about GDP, it is about the value of the cedi in your pocket and as we sit now, the value of the cedi in our pocket is gone.
“The government has not made any sacrifices, we [Ghanaians] have made those sacrifices. There’s no job for the boys, planting for food has failed so what are we getting,” Mr Thompson stressed.
Highlighting the adverse economic conditions, the Dalex Finance Chief Executive pointed out that the cost of living and doing business in the country is steep, with high interest rates exacerbating the situation.
Mr. Thompson emphasised the depreciation of the national currency, which he said has eroded the country's capital, and questioned the tangible benefits accrued to Ghanaians from these developments.
Latest Stories
-
Federer pays tribute to Nadal for ‘epic career’
2 mins -
Retiring Nadal’s career over after Spain’s Davis Cup defeat
18 mins -
Seychelles-Ghana: Centenary exhibition celebrates Asante Kingdom’s legacy and ties
37 mins -
Nana Kwame Bediako attends Akyempimhene’s funeral; meets Asantehene after his encounter with Dormaahene
39 mins -
Guardiola agrees one-year extension at Man City
41 mins -
6 basic schools in Akosombo benefit from donation of educational materials by BOST
1 hour -
‘EC fully ready for December 7 elections’ – Bossman Asare
1 hour -
Kufuor Breaks Silence: But where was he during Ghana’s crises?
1 hour -
Google reacts angrily to report it will have to sell Chrome
1 hour -
Debt exchange measures stalled Tema-Aflao road project – Road Minister
2 hours -
Op-Ed: The Kremlin’s Media Strategy in Africa: A new front in information warfare
2 hours -
Asante Kingdom: How Otumfuo Agyeman Prempeh I and Nana Yaa Asantewaa shaped the resistance
2 hours -
NDC government will fairly share the national cake – Prof Opoku-Agyemang
3 hours -
Nigeria intercepts 50,000 tramadol pills smuggled from Ghana
3 hours -
Three power plants to shut down if… – IPP CEO
4 hours