2 years ago
Former Press Secretary to President John Agyekum Kuffour and one-time suspended General Secretary of the ruling New Patriotic Party, Kwabena Agyei Agyapong has boldly gone hard at the Vice President and the economic management team.
Ghana's economy has been ranked as a junk state by international rating agencies including S&P 500, Fitch and Bloomberg, amidst a 30-year high inflation rate of 31.7%, depreciating value of the currency and high debt levels. Ghana is ranked second globally after El-Savador as the worst country with high default debt levels. The West African country is now seeking an International Monetary Fund bailout to give confidence to investors, access the Interrnational bond markets and arrest the terrible economic situation.
Managers of the economy lay the blame at the doorstep of a quadrable whammy of local and global challenges, which are the covid-19 pandemic, Russian invation of Ukraine, banking sector cleanup and 'take or pay' energy contracts undertaken by the previous John Mahama regime.
However, a section of Ghanaians also blame the reckless borrowing and spending by the current managers and other factors.
Speaking in an interview on Kessben FM, the former Chief Scribe of the ruling party bluntly called out the Vice President and leader of the economic management team for failing to discharge their duties and responsibilities, asked them to resign and make way for competent hands to be appointed to save the situation or it deteriorates beyond repairs
"The Vice President and members of the economic management team should graciously resign for competent hands to be appointed. It's time for the President to bite the bullet and take far-reaching decisions that will save the economy from total collapse".
President Akufo-Addo within the week dismissed calls for a a change of his ministers and described as outstanding the performance of his appointees. He indicated those making those calls are only seeking to destabilize his government
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