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The Member of Parliament for Sekondi, Hon. Andrew Kofi Egyapa Mercer has finally admitted that, under the Akufo-Addo-led government, the Ghanaian economy is currently in crisis and no one can dispute that fact. He went on to reveal what has brought about this crisis.
The deputy minister of state in charge of the energy sector, admitted this while speaking on the AM Show on Joy News, today, February 14, 2022. He mentioned that the Ghanaian economy is challenged and suffering from a crisis currently.
" This is a government that the Vice President said we cannot tax mobile money transactions but we are at a crisis point, we had to do so with E-levy. There is no denying that our economy is challenged. This is a fact." He said on Joy News today.
He also added that the reason why we are where we are now is because of the government expenditure on COVID-19.
" The COVID expenditure has compounded our crisis, such that, our debt to GDP ratio is inching closer to 80%." The deputy minister of state revealed.
He made these revelations while making a case for the E-levy to be passed so that the government can get enough revenue to pick the country out of this crisis.
Please leave your views, thoughts, and comments on this article below?
Do you agree the economy is in crisis? Do you think E-levy should be accepted because the economy is in crisis?
Do you believe the NPP will be able to pick us up from the crisis?
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