In order to address the economic issues facing Ghanaians, the Ghana Union of Traders Association (GUTA) has asked the government to make audacious decisions during the mid-year budget review.
There is no need to propose extra punitive measures, according to Dr Joseph Obeng, president of the GUTA, who also noted that the rising rate of inflation is already making life intolerable for Ghanaians.
In an interview with TV3, Dr Obeng stated that “Much as we are in difficulties but, Much as we are talking about IMF, I am expecting that government will weigh the problems that we have as citizens and then the new measures that they want to bring to bear so that we can have the respite and also the comfort to do our businesses.” Today, Monday, July 25, Finance Minister Ken Ofori-Atta will present the mid-year budget review.
“The inflation is having a toll on Ghanaians so any hard measure that comes to play will be the last straw that will break the back of the camel. We are also expecting that the government is going to be prudent this time, and make sure that we are going to prune down our expenses.
“I am expecting that government will take bold decisions regarding the social interventions because then, we have to manage the resources that we have.”
The budget review is expected to centre on the move to go to the International Monetary Fund (IMF) and other issues.
Source: Mybrytnewsroom.com/Joseph Asare
