Minority Leader Dr. Cassiel Ato Forson has stated that Nana Addo Dankwa Akufo-Addo’s government is to blame for Ghana’s present economic crisis.

President Akufo-Addo gave his State of the Nation Address to Parliament on Wednesday. The President’s Speech included several statements on the NPP government’s cautious spending and borrowing habits, and Cassiel Ato Forson said the current economic crisis in Ghana is due to the incompetence of the Akufo-Addo government.

In his submission to Parliament after the President’s state of the nation address on March 8, Ato Forson said,“Ghanaians are going through unbearable hardships and excruciating pains. Our economy is at its worst shape in decades, in fact Ghana’s economy is bankrupt or insolvent. We are currently unable to repay our debts, Ghana has officially defaulted in the repayment of our debt since January 2022.”

“Mr. Speaker, yet Mr. President your government is falling to cut the size of government down and public expenditure,” Mr. Forson stated on the floor of Parliament in response to President Akufo-Addo’s State of the Nation Address on March 8, 2023.

“Mr. President, our economy is in tatters largely because it is self-inflicted. Your government inflicted it on us and failed to act. Mr. President this is your scorecard and this is the true state of our nation.”

In his speech, President Nana Addo Dankwa Akufo-Addo said that Ghana’s economy was thriving until the COVID-19 epidemic and the Russia-Ukraine crisis broke out, and the Managing Director of the International Monetary Fund (IMF) has acknowledged this, he stated.

According to the President, it is important to note that the country’s current obligations were not incurred only during his term. “Mr Speaker, we have spent money on things that are urgent, to build roads and bridges and schools, to train our young people and equip them to face a competitive world.”

“Considering the amount of work that still needs to be done on the state of our roads, the bridges that have to be built, considering the number of classrooms that need to be built, the furniture and equipment needs at all stages of education, considering the number of children who should be in school and are not, considering the number of towns and villages that still do not have access to potable water, I daresay no one can suggest we have over borrowed or spent recklessly,” the President said in his Address on the State of the Nation on the floor of Parliament on Wednesday March 8, 2023.

Source – Tru News Report