MP for Yapei-Kusawgu Constituency has debunked claims by government that the recent economic hardships are a result of the Covid-19 pandemic.
According to John Jinapor the problem is a result of the mismanagement of state funds, as well as the incessant borrowing by the current administration.
“There’s been an attempt to blame the current hardships that we find ourselves on Covid but the issue of Covid is neither here nor there,” he said on the floor.
He made these comments during Parliament’s debate of 2021 budget review on Tuesday.
It also follows the reading of the 2021 budget statement presented before Parliament by Caretaker Finance Minister, Osei Kyei-Mensah Bonsu.
During the presentation, the caretaker Minister announced government’s decision to introduce new levies as a way to cushion the economy against recent hardships.
The Majority Leader blamed the shortfalls in the economy on the Covid-19 pandemic.
However, John Jinapor believes otherwise.
“What we are seeing defies logic, it defies economics and it cannot stand the test of time,” he said.
“Covid has only done is to confirm the poor state of the Ghanaian economy which was hidden in terms of figures because if your debt to GDP ratio is growing at a slow pace, and your GDP is growing at a higher pace and if your deficit, which then becomes the loans and the debts, are also low at around 5%, how come today we have a debt to GDP of above 76%?” he added.
- Four charged for violating restrictions on public gathering at Christ Embassy ‘Pneumatica Night’
- I had sex with a goat, masturbated 6 times a day – Male victim of sexual abuse recounts
- #FixTheCountry protestors counter injunction with #NameAndShame campaign on social media
- What is the big deal? – Brigitte Dzogbenuku on WGHS refusing to let students fast
- Mahama Ayariga acquitted, Opuni ordered to open his defence
- Methodist Church stands by its objection to GES directive to let Muslim students fast – Bishop of Northern Accra Diocese
- Government declares Thursday, May 13, as public holiday to mark Eid-ul-Fitr
- Chief allegedly orders for school to be demolished for his palace at Adumasa
- Ghana takes delivery of 350,000 doses of Covid-19 vaccine
- Prince Philip’s cause of death has been confirmed
Champions League final: Fans should not travel to Turkey, says UK government
European Super League: Nine clubs given financial sanctions by Uefa over breakaway
Power outages: Board’s approval needed for compensation to begin for affected consumers – PURC
PURC to work out compensations for consumers affected by power outages
King Promise announces signing to 5K Records/Sony Music UK
PURC concludes investigation on recent power outages
Some MPs ignore parliamentary duties; always chasing for contracts to survive – Majority Leader fumes
20 arrested in Atewa forest aren’t national security operatives – Oppong Nkrumah
No more compilation of Voters Register from scratch – CODEO recommends to EC
Eno Barony adds her voice to #FixTheCountry campaign
Great Olympics score late to end WAFA’s 6-year home unbeaten run
Nexvelsoft Ultimate Passco mobile app for studying WAEC past questions updates its features
NIC to begin pilot programme to tow broken down vehicles in Accra
EC must review processes leading to 2020 election results collation – Akoto Ampaw
Ban on mining in forest reserve and water bodies yielding results – Lands Ministry