Audio By Carbonatix
Member of Parliament for Walewale, Abdul Kabiru Tiah Mahama, has called for a more balanced assessment of Ghana’s economic situation, urging President Mahama to acknowledge both the challenges and the progress made so far.
Speaking on the President’s recent State of the Nation Address (SONA), where he painted a gloomy picture of the economy, Mr Tiah Mahama argued that while Ghana’s economy has faced significant difficulties, it is also showing clear signs of recovery that should not be overlooked.
“The fair assessment the President should have made is that our economy was in crisis, but it is showing signs of recovery. Some gains have been made, though we are not out of the woods yet. The focus now should be on doing everything possible to ensure Ghanaians fully emerge from this crisis,” he stated in an interview on Joy FM's Top Story on March 3.
Mr Tiah Mahama criticised the President for portraying an excessively negative outlook on the economy, suggesting that it could dampen investor confidence. According to him, while inflation and the cedi’s depreciation remain concerns, other key indicators, such as GDP growth, trade balance, and current account surplus, show improvement.
“Real GDP growth, a universally accepted measure of economic performance, has increased from below 3% to 6%. We have also recorded a positive trade balance and a current account surplus—these are clear signs of recovery. Ignoring these facts does not present a fair picture to the Ghanaian people,” he added.
He stressed that economic recovery requires a balanced approach that acknowledges the past while focusing on the future. He urged the government to prioritise policies that sustain growth, restore confidence, and ensure stability for all Ghanaians.
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