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Ato Forson outlines 7 reasons for Ghana’s economic woes

Mabel Boamah by Mabel Boamah
3 years ago
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Ato Forson outlines 7 reasons for Ghana’s economic woes
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The Member of Parliament for the Ajumako-Enyan-Esiam Constituency in the Central Region, Casiel Ato Forson, has given causes for Ghana’s current economic troubles.

Ghana is undergoing a profound economic crisis, with widespread inflation that has reached about 55% and its currency has plummeted by almost half compared to the US dollar.

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The state of the government’s finances is likewise at an all-time low.

Read Also: Italys most-wanted-mafia-boss-matteo messina denaro arrested in sicily

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President Nana Akufo-Addo, who has faced several protests in the West African country because of the situation, admitted that Ghana is in crisis and blamed what he called “malevolent forces…that have come together at the same time” referring to the COVID-19 and Russia’s invasion of Ukraine.

Below are the 7 reasons outlined by Ato Forson:

1. The NPP has the largest size of government in the history of Ghana! Find out how many ministers they’ve appointed from 2017. At one point, they had over 125 ministers!

2. This government has over 1,000 presidential staffers paid as article 71 officeholders at the jubilee House!

3. They’ve also appointed soo many special assistants to ministers with emoluments close to that of deputy ministers at the various MDA’s.

Take also into consideration:

4. The number of spokespersons at various MDA’s paid above the pay of Directors!

5. The number of CEOs at various State-owned Enterprises (SOEs) and their pay packages! Many of these SOEs now employ 3 or 4 deputy CEOs with fat conditions of service!

6. The impact of the Over 50 new agencies with zero output, eg. CODA, NADA, MBDA, free SHS secretariat, 1D1F secretariat, Petroleum Hub Development Authority, Ghana cares Secretariat, etc

7. The unconscionable decision to send over 100 Databank staff to the Finance Ministry as special assistants and paid as customs commissioners on GRA’s payroll!

CLICK HERE FOR MORE NEWS

Source: Citinews

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