Audio By Carbonatix
A stalwart of the New Patriotic Party (NPP) has asked government to own up to its responsibility for the current economic crisis.
Dr. Arthur Kennedy said government cannot continue to blame the economic woes on the twin problems of Russia-Ukraine war and the Covid-19 pandemic.
He explained that although these two occurrences contributed to the country’s economic downfall, government must come clean for its failure to effectively manage the economy.
“I think that this whole thing started on a wrong foot. I think that the talk that Covid and the Ukraine war is responsible for the problems we are having, it is true to some extent, but it will help if the government were to say we had good intentions, we did our best, we thought these things will work but some of the things we said were going to work have not worked so we share some of the responsibilities for where we are,” he said on Newsfile, Saturday.
“When you do that then people’s minds and hearts will be opened,” he added.
Reacting to the government’s IMF economic programme, he called for a national consensus rather than any partisan stance.
“It is important to build a national consensus around this programme so that all of us will support it even when government’s change.”
Government is expected to reach a staff-level agreement with the International Monetary Fund by Tuesday, December 13, 2022.
A Staff-Level agreement will pave way for the Board of the Fund to negotiate and probably approve a programme for the country.
The government also begun restructuring the country’s debt from Monday December 5, 2022, a major step in reaching a deal with the IMF to start a programme. The Debt Exchange Programme started with domestic debt.
Latest Stories
-
Audit Service staff raise alarm over unpaid allowances and budget shortfalls
3 minutes -
Wife of Guinea-Bissau’s ousted president arrested after co-passenger found with $5.9m in cash
7 minutes -
Don’t change a winning team — Dr. Asah Asante rejects calls linking minister–MP roles to poor performance
9 minutes -
National secretariat demands accountability for premix funds managed between 2017 and 2024
15 minutes -
Photos: Archbishop Charles Agyinasare hands over astroturf to Perez University College
31 minutes -
Supreme Court’s halt of Kpandai rerun prevents bigger complications – Prof. Osae-Kwapong
40 minutes -
NDC rules out third-term agenda for Mahama
52 minutes -
Ashanti Region: Military officer arrested over alleged illegal sale of firearms
54 minutes -
Tactical overview of Afcon 2025 – trends to expect
1 hour -
Vice President commissions Softcare sanitary pads production line, reaffirms gov’t partnership
1 hour -
Today’s front pages: Wednesday, December 17, 2025
1 hour -
OSP controversy: Individual views don’t reflect party position – NDC General Secretary
2 hours -
We returned winners, not losers – Bryan Acheampong rewrites NPP’s electoral history
2 hours -
‘Barely in office, already talking power?’ – Fifi Kwetey slams early succession talk in NDC
3 hours -
‘Performance, not sympathy’ – Bryan Acheampong says NPP must break tradition
3 hours
