Private Legal Practitioner, Martin Kpebu has described President Akufo-Addo's address on the economy as full of mere slogans without any intended action.

Mr. Kpebu said the President is only repeating ‘slogans’ he said in the past.

He believes that President Akuffo’s assurance to turn the fortunes of the economy while he was campaigning for votes in 2016 has not materialized.

“It does not cut muster. This is not sufficient. What he has said is basically looking at candidate Akufo-Addo in 2016…sloganeering that is what it is.

"You heard the President famously say that he wanted to change the Guggisberg economy in 18 months. This is 6 years down the line and he comes to say the same thing…he diagnosed the problem but he did not have what it takes to change the economy," Martin Kpebu said on The Probe on Sunday, October 30.

He noted that for this reason, President Akufo-Addo must “in respect of honour, step down.”

Meanwhile, President Akufo-Addo has hinted at possibly securing a deal with the International Monetary Fund (IMF) by the end of the year.

According to him, the country is likely to arrive at an agreement by December to get the crucial bailout it seeks.

He believes this will help “repair the short term of public finances and restore our balance of payment while we continue to work on the medium to long term structural changes that are at the heart of our goal of constructing a resilient robust Ghanaian economy and building a Ghana Beyond Aid.”

Amidst the general economic difficulties facing Ghanaians, the President in an address to the nation on Sunday insisted that the government is committed to ensuring that the economy is back on track.

“We are working towards securing a deal with the IMF by the end of the year,” he said on Sunday.

“This will give further credence to the measures Government is taking to stabilize and grow the economy, as well as shore up our currency.”