Former President of Ghana John Dramani Mahama has said that under Nana Addo Dankwa Akufo-Addo, the suffering of Ghanaians is so glaring.
According to him, Ghana’s economic status is currently in a critical condition and requires critical thinking and engagement with key stakeholders to map out strategies to improve the situation.
John Mahama notes that businesses are currently struggling however, the government’s introduction of more taxes is killing businesses; a move he deems as wrong considering the times the country finds herself in.
“It is obvious to see that things are not the best. The economy is in crisis and I have made my suggestions to him but it doesn’t appear that he is interested in taking them. I suggested that you can hold a Senchi like forum so that we can build a consensus around growing the economy but it doesn’t look like it is something they are interested in but the economy definitely is in crisis. It’s obvious for everyone to see.
Businesses are complaining especially after the banking sector clean-up, it created quite a difficulty, it wiped out Ghanaian capital. The indebtedness has to be paid for somehow, that’s how come they have introduced all the new taxes. But with the way the economy is going, I won’t be surprised if this administration goes into some programme with the IMF”.