
Audio By Carbonatix
Economist, Dr. Ishmael Yamson has expressed concern over the present state of affairs in Ghana.
He thinks the country has plunged into deteriorated era.
Speaking with Lexis Bill in a yet-to-be-aired interview on Joy FM’s Personality Profile, Dr Yamson said that the country's economic conditions have deteriorated, noting “I think times are worse now than then.”
His comments come after Ghana signed up for an International Monetary Fund (IMF) bailout to rescue her deteriorating economic conditions, with high inflation pushing up prices of goods and services, which in turn have led to a high rise in the cost of living.
Meanwhile, inflation for the month of September 2023 fell to 38.1% from the 40.1% recorded in August 2023.
Dr Yamson expressed his frustration over the country’s slow pace of development and blamed the situation on bad leadership, adding that there are two factors holding back the country from developing.
According to him, the lack of affection for the country and corruption are the two major issues undermining the progress of the nation.
“For corruption, we worship corruption,” he added.
He stated that if indeed a government is passionate enough about turning things around in the country, it can be possible.
“I can tell you today that if we have a government or any leader who truly believes in changing this country, it shouldn’t take us 18 months to two years to change this country,” he said.
Latest Stories
-
NCPTA backs ban on extravagant school graduations, calls for return to discipline, character building
35 seconds -
Ghana ranked 1st in Africa with highest policy rate; cost of credit most expensive
6 minutes -
Central Regional NADMO gives residents in dilapidated buildings 14 days to evacuate
30 minutes -
Bibiani NPP members call for regional chairman’s resignation over disqualification of aspirants
44 minutes -
Cloudy conditions, intermittent rains to persist nationwide – GMet
55 minutes -
Zenith SME Business Empowerment Lab urges SMEs to adapt, innovate and thrive in a changing economy
1 hour -
T-bills: Government record 20% undersubscription; interest rates continue to rise
1 hour -
Ghanaian medicinal plant shows potential to starve prostate tumours by blocking blood vessel growth
2 hours -
Emirates expands operations in Ghana with additional weekly flights
2 hours -
Tributes paid to ‘popular’ teenager killed in Donegal rally crash
2 hours -
Marigold Foundation distributes sanitary pads to 1,500 girls in Agona East
3 hours -
Two dead after building collapse at Gyagyaano in Cape Coast
3 hours -
Six arrested over Kwabenya shooting incident involving Adwoa Safo
3 hours -
Nana Kwadwo Safo Akofena I installed as new leader of Kristo Asafo Mission
3 hours -
Kristo Asafo Church refutes claims Adwoa Safo was shot by brother
4 hours