Connect with us

Politics

High Cost Of Living In Ghana Not Akufo-Addo’s Fault – Buaben Asamoa

Published

on


Yaw Buaben Asamoa, the governing New Patriotic Party’s (NPP) Director of Communications, has cleared the president, Nana Addo Dankwa Akufo-Addo, and his government of culpability for the country’s rising cost of living.

According to him, the president cannot be blamed for the recent rise in the cost of living.

He claimed that the country’s import prices were contributing to the increase in product prices on the market.

It was the harsh reality of the country, according to the former Adentan MP, as a result of its import-dependent structure.

“It’s not solely the government’s fault that the expense of living is rising. We are progressively reestablishing economic and social equilibrium. Due to the ravages of Covid on the international economy, we are essentially importing the expense of living from abroad…we are a very import-dependent economy, and most of the products we use in this country are imported.

“Prices for those things are rising because production is down and those things are expensive abroad…freight charges are very expensive, container charges have become very expensive. So all the things that we are dependent on and are importing are very very expensive so we are literally importing international price rises and inflation into our country. So it is not just the government doing, it is part of the international realities of post-Covid recoveries” he said.

President Akufo-Addo at a recent commissioning of an NPP constituency office complex at Juaben in the Ashanti Region on December 18 last year, admitted that Ghanaians were going through a rough time.

He however said that the blame cannot be put at his doorsteps.

“I admit that Ghanaians are going through difficult times; some people are trying to say that it is my fault, but you know that is not the case. Yet, they will continue to say it,” he said.

Source: GhanaFeed.com

Advertisement

Copyright © 2020-GhanaFeed.Com-Ghana News, Breaking News, Original Reporting, News Analysis and Fearless Journalism.
GhanaFeed.Com is an independent news media providing original and unbiased online news reporting and news analysis. Our mission is to provide excellent fearless journalist. Through our team of trained journalists, we report on what you care about, break big stories that hold major institutions and political structures accountable for their actions, and expose injustices that change people's lives.