A member of the opposition National Democratic Congress (NDC), Dr Sammy Ayeh, has criticized the government’s handling of the economy, despite recent improvements in economic indicators such as inflation rates.
Inflation for March decreased to 45% from 52.8% in February, and Ghana is nearing the final stages of negotiations with the International Monetary Fund (IMF) for a $3 billion loan.
However, Dr Ayeh argued that the government has no hand in the marginal improvement in economic conditions and cited the President’s use of luxurious jets at the taxpayer’s expense and the ballooning of government expenditure.
He expressed doubt that the government’s proposed debt restructuring program will yield any positive result
Source: 3News
