Isaac Adongo, a member of the NDC and the MP for Bolgatanga Central, contends that President Akufo-Addo is solely to blame for the current situation of the economy because he surrounded himself with practically all of his family members who had a poor understanding of it.
He believes that Akufo-Addo will be remembered as the worst president in the annals of the nation’s political history.
Speaking on Okay FM’s “Ade Akye Abia” program, he charged that the NPP Government had become so dependent on borrowing to previously unheard-of levels while having nothing to show for it that the nation had lost all options for future borrowing.
“The argument about Covid-19 and the Russia-Ukraine war should not be mentioned as the cause of the collapse of the economy. The NPP government borrowed and spent the money on irrelevant projects that did not aid in the country’s development. The Finance Minister has mismanaged the economy to an extent that no institution does not want to even lend the country money again,” he asserted.
The National Cathedral, which has already consumed more than 35 million dollars, and the Agyapa agreement, he said, will no longer exist when the IMF examines the country’s financial records and decides to provide aid.
“The Finance Minister who has poor knowledge in finance and economic management should be nowhere near the IMF team to help design a policy for the rebound of the economy.
“But President Akufo-Addo has caused his own failure because he has surrounded himself with his family members who had a poor appreciation of the economy and they have eventually ruined his administration. President Akufo-Addo will go down in history as one of the worst presidents the country has witnessed. The woes of the economy are due to wrong decisions taken by the Finance Minister, Ken Ofori-Atta,” he added.
Source: Mybrytnewsroom.com/Joseph Asare
