Audio By Carbonatix
Former Minister of state at the Ministry of Finance and Economic Planning under the NPP, Dr. Akoto Osei, has attributed current economic hardships to the over expenditure of the government in 2012 and the quick implementation of the single spine salary structure.
Speaking on Joy News Current Affairs Program, PM EXPRESS, he gave other reasons for his assertion that the economy is in a bad state.
He said, “We have to admit, unfortunately that the 2012 expenditure was a bit more than has been historically. Some people say that in every election year there is an over expenditure but in 2004 it was not so”
According to the former minister of state at the finance ministry, the expenditure was illegal because it is against the appropriation act.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
High Court bars investigative journalist from publishing on private individual, imposes GH¢10,000 cost
13 minutes -
‘Inconsistent Vinicius Jnr not on Neymar’s level’ – ex Botafogo manager
23 minutes -
T-bills: Government records 47% oversubscription; interest rates fall
31 minutes -
OSP deserves a second chance; it must decentralise its operations
48 minutes -
Dafeamekpor says OSP is “guzzling money”
57 minutes -
Stabilising the cedi should not come at the expense of Ghanaian workers
1 hour -
A-G to reveal details of high-profile corruption probe as Airline Task Force submits report
1 hour -
Craig Richards, ‘Worldwide’, the winners from Legacy Rise and Match Room’s historic boxing night in Accra
1 hour -
Focus OSP debate on the institution, not the Special Prosecutor – Abu Jinapor
1 hour -
Anti-corruption fight must go beyond paper laws – Dafeamakpor
2 hours -
All pupils kidnapped from Nigeria Catholic school now free – officials
2 hours -
Constitution Review Committee presents final report to President Mahama today
2 hours -
Trump image within Epstein files reinstated by US justice department after backlash
2 hours -
Diaspora partnership central to Ghana’s reset agenda – Vice President
2 hours -
Russian general killed by car bomb in Moscow, officials say
2 hours
