The Minority Leader, Dr. Cassiel Ato Forson, has reiterated his concerns about the state of Ghana's economy, asserting that it continues to suffer significant challenges.
According to him, despite efforts by the government to stabilise the situation, the economy remains in a fragile state, with key sectors struggling to recover.
Dr. Forson’s remarks come at a time when the nation is grappling with a depreciating currency, and mounting debt levels.
The Minority Leader has been vocal in his criticism of the government's economic policies, arguing that they have failed to address the country's underlying issues.
He pointed out that many Ghanaians are still experiencing financial hardships, with rising costs of living and unemployment exacerbating the situation.
Read also: NPP is a monumental failure - Ato Forson
In his view, the current administration has not done enough to provide relief to ordinary citizens, who are bearing the brunt of the economic downturn.
Furthermore, Dr. Forson expressed concern about the government's borrowing practices, which he believes are unsustainable in the long term.
He warned that the continued reliance on loans to finance budget deficits and other expenditures could lead to a debt crisis, further plunging the economy into distress.
Dr. Forson urged the government to adopt more prudent fiscal policies and focus on creating an enabling environment for economic growth and job creation.
"Ghana’s economy is still bleeding, cost of living continues to be high, and Ghanaians can simply not make ends meet."
"These are the real bread and butter issues that should concern any serious government and not the giveaway of much-needed tax revenue. As we speak, COCOBOD has been shut out from borrowing from international banks."
"International banks are running away from Ghana COCOBOD and the cocoa sector is on its knees," he stated.
Latest Stories
-
Kpando NCCE holds dialogue for Parliamentary Candidates
4 seconds -
Bawumia solicits support of CSOs to tackle ‘entrenched interests’ in corruption fight
3 mins -
I’m looking forward to working with CSOs, research institutions; they have a lot to offer – Bawumia
5 mins -
The former illegal miner who became valedictorian: Eliasu Yahaya Bansi’s KNUST journey
18 mins -
Prof Opoku-Agyemang slams gov’t over supply of ‘expired’ rice to Senior High Schools
23 mins -
‘Expired rice’: FDA fines Lamens Investments GH¢100k for regulatory violations
27 mins -
No student has been served unwholesome meals – Nana Boakye
41 mins -
Galamsey has left our river deities powerless – Fetish Priest laments
55 mins -
It was unfair to destroy Leslie’s Fantasy Dome – Okraku-Mantey
59 mins -
Expired rice scandal: We won’t jeopardize people’s health or safety for any reason – FDA
1 hour -
UniMAC to host public forum on democracy and communication
1 hour -
Expired Rice Scandal: Ablakwa slams Lamens Company for “Criminal” acts
2 hours -
Avoid the use of vituperative expressions in your campaigns – NCCE
2 hours -
No petroleum revenue allotment to industrialisation in first half of 2024 – PIAC report
2 hours -
Baba Sadiq motivated me to vie for MP position – Okraku-Mantey
2 hours