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
-
Leila Djansi questions NFA’s appeal for Film Fund donations
5 hours -
The ‘Our Day’ Dilemma: A cherished Ghanaian tradition that has become a high-pressure cooker
5 hours -
UHAS celebrates 2026 International Day
6 hours -
Maison Yusif launches ‘The Beast’ fragrance, eyes global expansion from Ghana
7 hours -
NSMQ 2026 : St. Louis SHS returns to nationals after thrilling comeback in Ashanti region qualifiers
8 hours -
“Data is the new gold” – Prof. Kwofie leads charge for AI-driven, equitable Africa
8 hours -
Lights for Life Movement urges fixing of faulty traffic lights to save lives
8 hours -
Doctor uses cash reward of GH¢20,000 to equip Paga Hospital
8 hours -
Free but expensive education in Ghana – Free SHS in retrospect
9 hours -
Justice must heal a nation, not become a qeapon of revenge
9 hours -
Six students injured as fire destroys House Master’s apartment at Leklebi SHS
9 hours -
Mid-Year Budget Review: What happened to the GH¢40m promise to Ghana’s creative industry?
9 hours -
Tafo Government Hospital children’s ward 85% complete ahead of my 45th birthday – Nana B
10 hours -
Kessben FM yanks DJ K.A. ‘off air’ over intimate video circulated online; Investigation underway
10 hours -
Ghana, Nigeria commit to stronger trade cooperation under AfCFTA
10 hours