The Dean of Cape Coast University Business School, Professor John Gatsi says blames on Ghana’s economic woes need to be laid at the doorstep of Finance Minister, Mr. Ken Ofori Attah.
Speaking to Starr FM in an interview on Monday, June 27, 2022, Prof. John Gatsi confused that while people also can moreover most effective want to aspect fingers at the Minister for this year's hardship, he must be blamed for the terrible manage of the Ghanaian economic device because of the reality that 2017.
“He [Finance Minister] can't control the Ghanaian economic device most effective in 2022, he has been coping with the economic device because of the reality that 2017, and cumulatively, his insurance in terms of economic manage has in fact created a huge trouble for this country,” the UCC-BS Dean shared.
Prof. John Gatsi continued, “And that I do now not anticipate that he himself is not aware. He is the most effective who offers the form of borrowing that we need to do and that borrowing has created problems for the country. Therefore, we can't blame some other person than the Finance Minister.
“Most of the subjects he entails Parliament to present, that is his belief that he has supplied to Parliament. So we need to preserve him on those subjects in area of extending it to three humans who have been considered to be of price to the government. But may not be in rate straight away of affairs of this country.”
Meanwhile, a major member of the ruling New Patriotic Party (NPP), Mr. Gabby Otchere Darko has hinted at the country’s possible cross again to the IMF.
According to him, the E-Levy has failed to rake withinside the projected sales months after its implementation commenced.
In a sequence of Tweets, Mr. Otchere Darko has disclosed that he is extreme approximately an IMF cross again for Ghana if it will help in tackling the modern economic catastrophe that has supplied some of suffering to the Ghanaian people.
“Ghana is a member of the IMF. The worldwide is in essential catastrophe. Ours is not helped thru our immoderate debt and low-profits levels. With the economic device despite the fact that growing, but investor self warranty low, govt being pressured to lessen down capital prices will in the long run bring about venture losses unless.
“We perform a little issue with a purpose to inject self warranty in our functionality to adventure this heavy storm and that a few issue ought to expose up pretty quickly. Are you in competition to an IMF utility?
“I am now not for an IMF utility that throws peanuts at us but imposes conditions with a purpose to turn out to be hurting the terrible, jobs, and corporations extra. Covid-19 and War in Ukraine are not of Africa’s doing but extra to our doom. A utility that pretends it is all our doing is doomed to fail.
“Am I in competition to an IMF utility in principle? No,” additives of a sequence of posts on the Twitter internet web page of Gabby Otchere Darko said on Monday, June 27, 2022.
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