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Prez. Addo's Gov't Has Mismanaged Ghana's Economy And Responsible For 60% Of Total Public Debt

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The state of the country's economy has raised some concerns among individuals. Many have expressed their opinions about the situation the country finds itself in. Hon. Dr. Cassiel Ato Forson, a Ranking Member on Finance Committee of Parliament also expressed some concerns about the country's economic state. He made the statements during a Policy Dialogue held at University of Professional Studies, Accra (UPSA) by the Minority in Parliament.

In his speech, Hon. Dr. Ato Forson said that President Akufo-Addo's government is responsible for 60% of the country's total public debt. He explained that the current administration debt incurred as at December 2020 was GH¢ 171.22 billion against the country's public debt stock of GH¢ 291 billion. He attributed this debt to "reckless" borrowing on the side of the government. He added that there is no debate that the current administration has mismanaged the country's economy.

Hon. Dr. Ato Forson called on the general citizenry to hold the current administration accountable. He urged the government to show seriousness in handling the issues of the country in its mid-year budget review.

What do you make of Hon. Dr. Ato Forson's statements?

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Accra Akufo-Addo Cassiel Ato Forson Finance Committee Policy Dialogue


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