Audio By Carbonatix
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
-
BoG awaits legal advice on next steps after court orders restoration of GN Savings and Loans licence
29 minutes -
South Africa: First batch of Ghanaians set to arrive on Wednesday – Ghana’s envoy confirms
40 minutes -
The Eagles of Carthage: Discipline, defiance, and a defining moment
42 minutes -
Rubio says US will find ‘another way’ if Iran talks fail
57 minutes -
China’s Huawei reveals chip design breakthrough amid US sanctions
58 minutes -
NPL threat looms over Ghana’s banking sector – IMF demands stronger action
1 hour -
Ghana Horticulture Expo 2026 to champion agricultural self-reliance through innovation
1 hour -
Banking reforms incomplete, state-owned banks under watch – IMF Warns
1 hour -
SDIs could become next stability threat – IMF flags financial sector risks
2 hours -
Breaking the Resource Paradox: AETC pushes borderless, tech-driven African economy agenda
2 hours -
Ghana’s banking system nears full recovery after debt restructuring shock – IMF
2 hours -
Banks back to full capital adequacy – IMF declares progress in Ghana sector clean-up
2 hours -
IMF says BoG’s multi-billion cedi losses were part of economic recovery
3 hours -
The losses were necessary – IMF backs BoG’s costly economic rescue
3 hours -
People on the ground recognise the gains – IMF backs BoG strategy
3 hours