by Stephen Kwabena Effah

November 10, 2017


Former CPP vice chair questions reality of Ghana’s economic stability

Finance Minister, Ken Ofori-Atta

Former Vice Chairperson of the Convention Peoples Party (CPP), Rhodaline Ayana-Imoro has questioned the economic ratings by some international agencies suggesting the Ghana’s economy is stable.

She observed such assessments of the economy have not translated into the living standards of the ordinary people, hence cannot be said to be economic development.

Ms. Ayana-Imoro made the observation on TV3’s magazine show, New Day, while commenting on President Nana Akufo-Addo’s assertion that his government has built the foundation for economic development to take off.

“Are the local populace saying things are okay? If we the local people say things are okay, then we will accept, but not when it is okay for the international community but not the locals” that cannot be a positive development, she said.

“There is free SHS but they don’t have accommodation. Would we say we have done well? NHIS; people are struggling to renew, transportation; drivers are on demonstration. Banks are lending on high interest rate so ordinary trader cannot borrow to do business, so where is the development and stability,” she questioned

She has meanwhile lauded the government’s planting for food and jobs, but said there could be more the government can do to improve on the programme.

“Planting for Food Programme will boost agriculture and that is enough for me but we just saw the rains stopped, have we seen any irrigation project,” she wondered.

Ms. Ayana-Imoro again wondered the revenue direction of the country, saying “whether the agric way or the oil money. The information flow is not coming”.

Gender activist, Shamima Muslem Alhassan, who was also on the show said “development has to happen in our time. We have to hold duty bearers accountable. The power is for us and we expect service from them. They have come into service”.

She said “if I were Nana Adoo…I would be cautious of the word take off because they have used these words…sustained growth, but it hasn’t happen over the years”.

“Why is it difficult for politicians to create the conditions for economic take off”, she wondered.
Deputy Chief Executive of the Ghana Investment promotion Authority, Eric Twum agreed with President Akufo-Addo, stating “if the government says it has built strong foundation for economic take off, then it true”.

He said several interventions such as the Planting for Food, free SHS, one district one factory, among others are to help improve the economy.

By Kweku Antwi-Otoo|TV3|3news.com|Ghana

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