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
-
Barcelona beat Bayern to reach Women’s Champions League final
3 minutes -
Blue Skies urges media to highlight responsible businesses on World Press Freedom Day
9 minutes -
Sinner wins in Madrid to set Masters title record
17 minutes -
T-bills auction: Government fails to meet target for 7th consecutive week; interest rates surge
22 minutes -
2026 U20 WWCQ: Black Princesses take first leg advantage over Uganda with comeback win
28 minutes -
Barcelona move to within 2 points of second successive La Liga title with Osasuna win
29 minutes -
Anthony Joshua return the ‘ultimate comeback’ but a ‘risk’
40 minutes -
University of Ghana hosts landmark Africa food systems initiative
48 minutes -
Bournemouth moves into top 6th with win against Crystal Palace
51 minutes -
Manhyia South MP rallies BECE candidates with mathematical sets donation
55 minutes -
A new science-policy platform launches to strengthen food systems, improve diets and health in Africa
1 hour -
B.E.C.E candidates urged to avoid malpractice as Aduwamase Old Students donate learning materials
2 hours -
Bank of Ghana Balances on a Knife Edge
3 hours -
Hearts pip Nations F.C. to keep pressure on Medeama
4 hours -
I quit smoking because I’m asthmatic – Reggie Rockstone
4 hours