Member of Parliament for North Tongu Samuel Okudzeto Ablakwa has asserted that President Akufo-Addo should have apologized to Ghanaians for the country’s current economic problems.
The MP blamed the president for the current situation of the economy in an interview with Accra’s Asempa FM.
“Taking office and saying that I believe in big government, appointing the highest number of ministers in the history of this country, the fiscal recklessness, going on a borrowing spree where some of his appointees stood to benefit, conflict of interest in that borrowing where the World Bank now tells us that end of this year debt to GDP will be 104 per cent.
“The President should have apologized to the people of Ghana for what we have been put through,” Ablakwa stated.
The member of the foreign affairs committee in Parliament highlighted that the President’s acknowledgement of the nation’s present economic problem was “the first time the President is acknowledging the severity of the mess that we find ourselves in.”
The pressure on Ghana’s economy has led to a rise in the cost of living as well as what some have referred to as “galloping inflation.”
The national currency is likewise losing value in comparison to the US dollar and other significant trading currencies throughout the globe.
The administration hopes to rescue the economy with an IMF bailout.
Source: Mybrytnewsroom.com/Joseph Asare
