Economist, Dr. Ishmael Yamson has expressed concern over the present state of affairs in Ghana.
He thinks the country has plunged into deteriorated era.
Speaking with Lexis Bill in a yet-to-be-aired interview on Joy FM’s Personality Profile, Dr Yamson said that the country's economic conditions have deteriorated, noting “I think times are worse now than then.”
His comments come after Ghana signed up for an International Monetary Fund (IMF) bailout to rescue her deteriorating economic conditions, with high inflation pushing up prices of goods and services, which in turn have led to a high rise in the cost of living.
Meanwhile, inflation for the month of September 2023 fell to 38.1% from the 40.1% recorded in August 2023.
Dr Yamson expressed his frustration over the country’s slow pace of development and blamed the situation on bad leadership, adding that there are two factors holding back the country from developing.
According to him, the lack of affection for the country and corruption are the two major issues undermining the progress of the nation.
“For corruption, we worship corruption,” he added.
He stated that if indeed a government is passionate enough about turning things around in the country, it can be possible.
“I can tell you today that if we have a government or any leader who truly believes in changing this country, it shouldn’t take us 18 months to two years to change this country,” he said.
Latest Stories
-
Ghana’s Chief of Staff emphasises essence of journalistic integrity in Climate Change reporting
2 mins -
Minister highlights media’s crucial role in climate change advocacy at 3rd African Media Convention
16 mins -
Brazil named 2027 Women’s World Cup hosts
21 mins -
Renal Patients Association demands fairness in NHIS coverage
22 mins -
Theophilus Berchie: Towards a sustainable future: embracing Mahama’s vision for small-scale mining in Ghana
23 mins -
Voter ID cards of Akosombo Dam flood victims will be replaced for free – EC assures NDC
28 mins -
GJA President calls on African journalists to enhance media freedom with innovative approaches
30 mins -
Election 2024: NPP has no choice but to vacate Jubilee House, hand over power – NDC
31 mins -
7 subtle signs you’re in love with a misogynistic man
33 mins -
Joy Impact Makers Awards 2024: Nominees unveiled
35 mins -
I will order any appointee who engages in mining to resign – Mahama
41 mins -
Mahama won’t be accountable to you because he won’t seek reelection – Bawumia to Ghanaians
44 mins -
Bawumia promises 30% expenditure cut when elected
49 mins -
We don’t calculate customs duties in foreign currency – GRA clarifies
51 mins -
Limited voter registration: 2 Nigerians arrested in Asokore Mampong
59 mins