John Dramani Mahama, a former president, has claimed that the government merely misappropriated funds intended for the fight against COVID-19.
The issues the nation is currently facing, according to Mr. Mahama, are the result of the government’s reckless use of financial resources, especially during the 2020 election season.
“Imprudent election-related spending and careless economic management decisions are to blame for the current economic crisis.
“This also includes how the Covid windfall was used. Covid was a hardship, yet with hardship came opportunity. Due to the funding from Covid multilateral institutions, we simply misappropriated additional funds from the Bank of Ghana. That money would have cushioned this crisis that we are going through,” the 2020 Presidential Candidate of the National Democratic Congress (NDC) said while addressing a forum on the Economy in Accra on Thursday, June 30.
Meanwhile, the Minister of Finance, Ken Ofori-Atta, has told Parliament that the government was prudent with Covid-19 resources to help protect lives and safeguard jobs.
Mr. Ofori-Atta said every penny mobilised was used judiciously to enhance the country’s ability to contain the pandemic.
He also described the pandemic as the biggest shock to have hit the economy so far, hence the decision by the country to deploy all available resources to contain the effects on lives and businesses.
Source: Mybrytnewsroom.com/Joseph Asare
