The country in recent times has landed itself in an economic downturn.
Presently, the country's inflation stands at 54.1 percent, the cedi is currently appreciating against the major foreign currencies after a free fall in December last year.
Generally, there is a high cost of living.
The government is currently seeking a bailout from the International Monetary Fund.
Meanwhile, to sustain the country's debts, government introduced a debt exchange programme, which has been widely rejected.
In a Facebook post on Saturday, the Ranking Member on Parliament's Finance Committee, Dr Cassiel Ato Forson has enumerated reasons why he thinks the country "got into this economic mess."
Find the 7 reasons below:
1. The NPP has the largest size of government in the history of Ghana! Find out how many ministers they’ve appointed from 2017. At one point, they had over 125 ministers!
2. This government has over 1,000 presidential staffers paid as article 71 office holders at the jubilee House!
3. They’ve also appointed soo many special assistants to ministers with emoluments close to that of deputy ministers at the various MDA's.
Take also into consideration:
4. The number of spokespersons at various MDA's paid above the pay of Directors!
5. The number of CEO's at various State-owned Enterprises (SOEs) and their pay packages! Many of these SOEs now employ 3 or 4 deputy CEOs with fat conditions of service!
6. The impact of the Over 50 new agencies with zero output, eg. CODA, NADA, MBDA, free SHS secretariat, 1D1F secretariat, Petroleum Hub Development Authority, Ghana cares Secretariat, etc
7. The unconscionable decision to send over 100 Databank staff to the Finance Ministry as special assistants and paid as customs commissioners on GRA’s payroll!
Latest Stories
-
Ghanaians need honesty on the part of the government – Alhassan Suhuyini
11 mins -
We cannot compete; we need to collaborate – George Quaye on projecting theatre
24 mins -
GRIDCo to receive 100MW power supply from IPPs in coming days
31 mins -
How technology is weaving African markets into the global fabric
34 mins -
Dr. Ekua Ekumah highlights how to cultivate new theatre audience
45 mins -
Zambian FA president charged with money laundering
1 hour -
Mysstel releases video for ‘Paradise’
1 hour -
We are yet to receive an apology from Ashanti Regional Minister – ECG
1 hour -
UEFA International Tournament: Ernest Ofori scores for Black Starlets in defeat to Russia
1 hour -
Cocoa price surge linked to production decline – COCOBOD CEO
1 hour -
Atarah Praise returns on May 19 at Adenta Barrier
1 hour -
World Robotics Championship: 18 pre-tertiary students poised to win medals for Ghana at global competition
1 hour -
Drowned widow was scammed out of $1.5m on dating app hoax, left note about secret ‘double life’
2 hours -
ECG workers threaten to disconnect power from Ashanti Regional Minister’s home
2 hours -
Brain tumour shatters 20-year-old’s dream of becoming a doctor
2 hours