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
-
Teacher unions declare nationwide strike over unpaid promotion arrears and delayed negotiations
7 minutes -
Engage Now Africa and LDS church commission boreholes for five communities in Upper East communities
28 minutes -
GPL 2026/27: Karela United bank on home form against Hearts of Oak
36 minutes -
NPLs declined to 15.7% in August 2026
54 minutes -
Existing Cedi notes to remain legal tender alongside Heritage Series – BoG
1 hour -
Consumer, business sentiments positive – BoG
1 hour -
There’ll be no GH¢500 Cedi note as part of Heritage Series issuance – BoG
1 hour -
Heritage Series Cedi notes to modernise cedi while preserving national identity – BoG
2 hours -
Ghana’s business environment at ‘Inflection Point’ as private Sector takes greater lead — Vish Ashiagbor
2 hours -
At least 2 new airlines could join domestic aviation market by 2027 – GCAA Director General
2 hours -
What if Ghana’s next tourism boom begins with Ghanaians?
2 hours -
Energy Commission to monitor EV charging stations
2 hours -
Invest with confidence, Ghana’s golden era is beginning – Finance Minister
3 hours -
Do Ghana to launch The Great Ghana Day Out on World Tourism Day
3 hours -
Clean up our politics before politics cleans us up
3 hours