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Ghanaians Massively React As GhanaWeb Posts This Picture Of Gabby Asare Otchere-Darko

It is an undeniable fact that Ghana's economy is experiencing some challenges. The Standard and Poor Global Credit Rating Agency has downgraded the Ghanaian economy to a CCC+ whilst Fitch has done a similar downgrade to junk status. Who is to be blamed for the abysmal performance of the economy?

Interestingly, the country's exchange rate has been nothing to write home about as the cedi to dollar rate keeps worsening by each day. Would prices ever come down?

A popular saying is that inflation is like toothpaste; once it comes out, it hardly finds its way back in. The country's inflation rate has accelerated to 31.7percent from June's 29.8 per cent.

Experts have forecasted that due to the possibility of buying more from abroad in the coming months, the country would suffer more consequences from a higher inflationary rate considering the continuous depreciation of the cedi value. In other words, the cedi would continue to fall due to more imports and inflation would continue to rise due to more imports.

Can Finance Minister Ken Ofori Atta do anything about the woes of the economy? Can the Finance Minister and his team at the Central Bank rectify the high-interest rate?

Fuel prices and other necessities have significantly risen consistently and there is a need to correct the woes of the economy. Can the Finance Minister come up with strategies to change the outlook of the external debts by restructuring whilst engaging IMF? What are the purposes of the IMF borrowing? Would the amount borrowed be directed at productive sectors or to partisan-related projects? Are there plans in place to reduce inflation?

President Nana Addo Danquah Akuffo-Addo has assured Ghanaians that the economy would bounce back. Has the first gentleman of the land found out how this can be done?

In the wake of the issues, GhanaWeb posted the picture of a member of the New Patriotic Party, Gabby Asare Otchere-Darko. The post of Gabby's picture on GhanaWeb's heavily followed Facebook Platform has ignited reactions from the length and breadth of the country.

The post was captioned by a comment made by Gabby Asare Otchere Darko on his Twitter page on the fact that ' the hassle is real; whether global or not. What does Gabby seek to demonstrate?

Many Ghanaians have indicated that Gabby could be sending a strong message to the citizens but he was advised to counsel the NPP government to reduce the huge government payroll as well as improve the entire economy.

What are your thoughts on the ongoing discussion?

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