SONA: Let nobody say 23.5% inflation rate is ‘stability’ – Kwakye Ofosu

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Former Deputy Minister of Information, Felix Kwakye Ofosu has said that the economy presently is not the same one that was inherited by President Nana Addo DankwaAkufo-Addo in 2017.

He says the economy has been destroyed by the Akufo-Addo government to the extent that inflation is currently 23.5 percent.

He says the country is saddled with unprecedented taxation.

“There is nobody who can absolve this government of culpability from the terrible management of the economy,” he said.

He added, “Let nobody say 23.5 percent inflation is stable.”

This was after Government spokesperson on Governance and Security Palgrave Bpakye Danquah has said that President Nana Addo Dankwa Akufo-Addo is going to render true accountability to the people of Ghana in the State of the Nation Address (SONA) today Tuesday, February 27.

He says the president is going to give the trajectory of what the economy has gone through over the period before, during, and after the pandemic.

“This is an accounting government, the president is going to account to the good people of Ghana,” he said during a pre-SONA discussion on TV3 Tuesday February 27.

He further noted that the economy is stabilizing. The cedi is stable, and the indicators are clear”