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Ghana’s economy has been collapsed by Akufo-Addo and Bawumia – Mahama

Mabel Boamah by Mabel Boamah
4 years ago
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Ghana’s economy has been collapsed by Akufo-Addo and Bawumia – Mahama
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Former President John Mahama has accused President Akufo-Addo and his Vice President, Dr. Mahamudu Bawumia, of mismanaging the country’s economy since their election.

Mr. Mahama stated in a Facebook post on Tuesday that Ghanaians are feeling the effects of the country’s present financial crisis and the government’s rising economic challenges.

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“The Ghanaian economy has been collapsed by President Nana Akufo-Addo and Dr. Mahamadu Bawumia. The debt crisis, for which there are very few tangible projects to show for, and worsening economic hardship of Ghanaians amply demonstrate the negative impact of a collapsed economy,” he claimed.

The National Democratic Congress (NDC) 2020 candidate further said that the government’s ‘voracious appetite for borrowing’ and the introduction of heavy taxes would destroy business capital.

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According to him, the Akufo-Addo-led government has also squeezed out the private sector’s access to finance.

“The NDC remains opposed to the imposition of the numerous fresh taxes on Ghanaians at a time when Government is living large and unwilling or unable to trim expenditure, cut waste and check corruption,” he stressed.

Appreciation to NDC MPs

John Mahama praised the Minority group’s leadership and members for “holding government accountable” and demonstrating their commitment to protecting and advocating for Ghanaians’ interests.

“It is important for MPs, as stressed by other Speakers and the leadership, to always remember that they are representing the people and are also in the House to represent the NDC.”

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