The Director of Communication for the New Patriotic Party (NPP) Mr Richard Ahiagbah has said that but for Covid-19, Ghana’s economy will still be one of the fastest-growing economies in the world.
He said the NPP administration knows how to bring back the economy.
“We will bring it back for the benefit of all Ghanaians. #Ghana #BuildingGhanaTogether,” he tweeted on Monday, February 20 after the Minority in Parliament accused the Akufo-Addo government of six years of economic mismanagement.
The opposition lawmakers said this has rendered life unbearable, almost impossible, for millions of Ghanaians who struggle daily to make ends meet. Many people struggle to afford even one meal a day.
Addressing a press conference in Parliament on Monday, February 20 to register their disapproval of the new ministers-designate, the Minority Leader Dr Cassiel Ato Forson said “The situation in respect of feeding in Senior High Schools across the country is even more disturbing.
“We are burdened with unsustainable debt. Currently, standing at over GHS 600 billion representing about 103% of our GDP, this is the highest level of indebtedness in
the 4th Republic. Inflation is galloping at hyper levels, and we are confronted with daily price increases beyond the reach of the majority of our people.
“Interest rates have sky-rocketed, and our currency has been in a free-fall counting among the worst performing in the world.
“Since the beginning of this year alone it has fallen by about 20%. The Akufo-Addo/Bawumia government has amid this economic disaster essentially withheld interest and principal payments to millions of bondholders under a crude Debt Restructuring Programme. Pensioners who depend on the little they get from bond proceeds have been compelled in an unprecedented move, to stage public protest against the callous attempt to shortchange them after decades of devoted service to our country.”