The General Overseer, of the Family Chapel international is asking government to acknowledge the financial troubles the country finds itself in by slashing public expenditure and reducing its appointees.
Bishop, Dr. Victor Osei, believes these steps will release pressure on the public purse.
He says the President must put his feet down against corruption and cronyism in the coming year to reduce the burden on the ordinary Ghanaian.
He was speaking to Erastus Asare Donkor on his new year expectation of government.
Ghana’s total debt which stands above 80% of GDP is projected to reach 104% by the end of 2022.
This seemingly unending challenge is compelling the country to seek support from the International Monetary Fund (IMF) for the 17th time.
The cedi has fallen greatly against the dollar, becoming the worst performing currency in the world this year.
This, coupled with hikes in fuel prices, has crippled industries and threatened the spirit of entrepreneurship with its attendant hikes in prices of goods and services on the market.
Speaking with Luv FM’s Erastus Asare Donkor on his new year expectations of government, Bishop Dr. Victor Osei admonished the government to be doers of their words.
He believes as debt soars, Ghana must cut down excessive public expenses on public boards, corporations and other civic institutions.
“I don't think if any other government was in power, they could have done any better. Because I believe to a certain extent all political parties eat from the same pot. The dollar has been rising since the previous government.
“There is too much over expenditure in the country. In government establishments there are appointees and heads of institutions who receive more in a sitting than the salary of a teacher. The monies should be put where it supposed to be. I don't want a talk shop from the government, where they talk and do little.
Government should be proactive and cut back on expenditures and allow businesses to thrive. There is no fiscal discipline. If we put our foot down and not put to shred by the mouth, the people who try to be objective, we will survive,” he said.
“Members on my platform are crying foul. For people who have invested so much and would have 'haircuts', it is very unpleasant and unfortunate. I feel for them and anybody,” he added.
Latest Stories
-
Krachi East leads Oti MDAs in 2023 Performance Evaluation
32 minutes -
Ghana is destined for greatness – Akufo-Addo
38 minutes -
‘None of us expected this outcome, but God intervened’ – Speaker Bagbin on 2024 Elections
42 minutes -
Court convict’s miner for setting stepfather’s house on fire
47 minutes -
‘Ghana remains a beacon of hope and democracy for Africa’ – Bagbin urges unity after 2024 elections
51 minutes -
Herbalist, 45, jailed for defiling 10-year-old boy
1 hour -
‘The future is bright’ – Speaker Bagbin inspires youth in Christmas message
1 hour -
Cucumbers – Making the most of them
6 hours -
Revenue growth to slowdown to GH¢209.3bn in 2025; T-bills will not be restructured – IC Research
8 hours -
Deloitte celebrates end-of-year Thanksgiving Service
8 hours -
Inflation to end 2025 between 10% and 12% – Databank Research
8 hours -
Government’s commitment to fiscal consolidation to remain strong in 2025
9 hours -
ImageBureau, April Communications take theatre to Nsawam Prisons
9 hours -
Bird flu kills 20 big cats at US animal sanctuary
9 hours -
Your peaceful conduct saved the country from tension – Clergymen commend Bawumia
9 hours