Ghana's economy has never been strong under Akufo-administration Addo's – Sosu.
• Xavier Sosu, a Madina MP, accused the government of being dishonest in its economic management.
• According to an opinion piece written by the Madina MP, poor economic management has resulted in a fiscal deficit of 16.0 percent.
Francis-Xavier Sosu, Member of Parliament for Madina, has responded to the International Monetary Fund's latest assessment of Ghana's debt-to-GDP ratio (IMF).
Following a visit to Ghana by a team of experts from April 28 to May 12, 2021, the Fund revealed in its May 2021 Article IV Consultation paper that Ghana's public debt as a percentage of GDP for 2020 was 78 percent, rather than 76.1 percent as quoted by the government in its 2021 budget statement.
As a result, Francis Sosu, in a blog post, stated that the disparity in figures "reaffirms that Ghana's economy has never been in good shape under the [Akufo-Addo led] Government."
He also stated that poor economic management has resulted in a fiscal deficit management deficit of 16.0 percent.
"It should be noted that the Ghanaian economy has never been in good shape under this administration." According to an analysis of Ghana's economy based on official data from the Finance Ministry, the economy was on the mend when the Administration took office in 2017, with a growth rate of 3.4 percent in 2016 compared to 2.2 percent the previous year."
"As a result, the overall growth rate of 8.1 percent in 2017 indicated stellar economic management under this Administration." However, this was based on an abnormally high growth of 80.3 percent in the petroleum sector in 2017 following a 15.6 percent decline in 2016. "The 3.6 percent growth in the petroleum sector in 2018 provided the government with a reality check, removing completely any hallucinations of sustained economic growth," he wrote.
read also: After a sleepover at Asawase, a man dies in his girlfriend's room.
A 34-year-old man died in his girlfriend's room at Asawase in the Ashanti Region's Asokore Mampong Municipality.
Felix Arkoh had gone to see his girlfriend at her house on Saturday and had decided to spend the night there.
According to Matthew Amissah, the Assemblymember for the area, the two had dinner and gone to bed, only for the girlfriend to wake up the next morning to find his lifeless body.
The body has since been transported to the Komfo Anokye Teaching Hospital morgue for preservation and autopsy by the Asawase Police.
The deceased's girlfriend, Abena Boatemah, has also been arrested by Asawase police to assist with the investigation.
Meanwhile, the deceased's elder brother, Spio Hammond, told Accra-based Class FM that the police should speed up the investigation into their relative's death.
blogpay
Total Comments: 0