Audio By Carbonatix
The Minority Leader, Dr. Cassiel Ato Forson, has reiterated his concerns about the state of Ghana's economy, asserting that it continues to suffer significant challenges.
According to him, despite efforts by the government to stabilise the situation, the economy remains in a fragile state, with key sectors struggling to recover.
Dr. Forson’s remarks come at a time when the nation is grappling with a depreciating currency, and mounting debt levels.
The Minority Leader has been vocal in his criticism of the government's economic policies, arguing that they have failed to address the country's underlying issues.
He pointed out that many Ghanaians are still experiencing financial hardships, with rising costs of living and unemployment exacerbating the situation.
Read also: NPP is a monumental failure - Ato Forson
In his view, the current administration has not done enough to provide relief to ordinary citizens, who are bearing the brunt of the economic downturn.
Furthermore, Dr. Forson expressed concern about the government's borrowing practices, which he believes are unsustainable in the long term.
He warned that the continued reliance on loans to finance budget deficits and other expenditures could lead to a debt crisis, further plunging the economy into distress.
Dr. Forson urged the government to adopt more prudent fiscal policies and focus on creating an enabling environment for economic growth and job creation.
"Ghana’s economy is still bleeding, cost of living continues to be high, and Ghanaians can simply not make ends meet."
"These are the real bread and butter issues that should concern any serious government and not the giveaway of much-needed tax revenue. As we speak, COCOBOD has been shut out from borrowing from international banks."
"International banks are running away from Ghana COCOBOD and the cocoa sector is on its knees," he stated.
Latest Stories
-
Kyebi Zongo to become a model for excellence, environmental stewardship – Chief of Kyebi Zongo
3 minutes -
Bridge for Billions open applications for Ghana Social Entrepreneurs in Healthcare Programme
14 minutes -
53 arrested in major cybercrime ring bust in Accra
23 minutes -
Prudential Bank shines again in Customer Experience Rankings
24 minutes -
Photos: Vice President strengthens regional ties at Guinea Presidential inauguration
57 minutes -
Driver injured in accident on Ejisu Manhyia-Adadientem road
2 hours -
Public lands should be managed by Lands Commission – Dr Godwin Djokoto
2 hours -
JoyNews uncovers details behind arrest of 17 Burkinabe soldiers by Ghanaian security officials
2 hours -
Fixing public transportation chaos in Accra goes beyond the procurement of buses
2 hours -
Police arrest aide to NTMT boss amid intensified crackdown on illegal logging
2 hours -
Accra transport breakdown linked to fragmented planning – CUTS
2 hours -
Coconut Grove Regency CEO urges deliberate tourism, better sanitation and local production
3 hours -
Bosome Freho MP reveals how Dr Bawumia “quietly” funded tiling of Pentecost Church
3 hours -
34 injured as bus crashes at Asuboi on Accra–Kumasi Highway
4 hours -
Galamsey: NAIMOS arrests foreign nationals, cleans up Birim River
4 hours
