Kennedy Osei Nyarko, Member of Parliament for Akyem Swedru in the Eastern Region, has stated that if he were to advise the government on steps to take to alleviate the suffering of Ghanaians, he would recommend that some social intervention programs be halted.
According to him, the Free SHS, NABCO, Teachers and Nurses Trainee Allowances, and the school feeding program will be among the most important.
He claims that, based on all evidence, Ghanaians dislike the government’s social interventions, and that it would be sensible to reinvest the funds spent on these interventions in other areas of the economy.
“If we decide to take the above actions and channel all of this money into other sectors of the economy, we can save around $5 to $6 billion,” he said in a Facebook post.
“For the next three years, the government can opt to utilize half of this sum to support the youth and the other half to support current agro processing and domestic product manufacturing companies, and we’ll see what happens,” he adds.
The Ghanaian people are enraged by the rising expense of living as the country’s economy continues to deteriorate.
Ghana’s cedis, like other currencies, is under pressure, and the price of petroleum continues to rise with each passing day, causing a ripple effect on the country’s pricing of products and services.
His Post Below:
If I was to advise the government to take some drastic measures, like I’ll recommend for the following social interventions to be suspended immediately and all monies pumped in other productive sectors of the economy and let’s see what the impact will be.
1. suspend the FSHS
2. suspend the School feeding program
3. Suspend the teacher and nursing trainees allowances
4. suspend the PFJ 5. suspend NABCO
Since most Ghanaians are not appreciating the above interventions and are complaining about hardships, it will be very prudent for government to put those monies into other productive areas of the economy. We can save about 5 — 6 billion if we decide to take the above actions and channel all this monies into other sectors of the economy. Government can decide use half this amount to support the youth and the other half to support existing agro processing and domestic products manufacturing industries for the next 3 years and let’s see the results.