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
-
Office of Government Machinery not burdened by political appointees — Kwakye Ofosu replies Damongo MP
22 minutes -
US Air Force B-52 bomber plane crashes after take off in California
30 minutes -
SpaceX IPO raised $10bn more than thought
31 minutes -
Heroic Cabo Verde clinch draw with Spain
36 minutes -
Parents of 24 Ghanata SHS students agree to pay GH¢5,200 over alleged food theft by their wards
58 minutes -
Kasapreko PLC lists on GSE, opens new chapter for growth
1 hour -
AI strategy key to positioning Ghana as leader in responsible AI development – Bandim Abed-Nego
2 hours -
Damongo MP urges CSOs to probe true cost of Mahama’s government
2 hours -
Ministerial numbers alone do not reveal government size – Samuel Jinapor
2 hours -
Ghana’s flooding problem caused by years of poor attitudes and weak enforcement – Researcher
2 hours -
Two diesel trailers collide at Kwahu Hwidiem
2 hours -
ACRC workshop pushes research-led reforms to strengthen decentralisation and urban governance
2 hours -
Diaspora Girls SHS in distress: Students learn under trees, attend classes in canteen amid severe infrastructure deficit
2 hours -
Accra Brewery PLC kicks off ‘Cheers to Bars’ with World Cup viewing experience
2 hours -
2026 World Cup: Cape Verde hold Spain to goalless draw in opener
2 hours