April 1, 2023
Sammy Gyamfi 8 650x424 1

The National Communications Officer of the National Democratic Congress (NDC) has criticised the Finance Minister’s handling of the economy.

Mr Sammy Gyamfi said Ken Ofori-Atta and the economic management leave a lot more to be desired considering the shambolic discharge of their duties.

According to him, the embattled keeper of the national purse does not have any justification to continue being in office.

Speaking on Newsfile on Saturday, February 11, said that Mr Ofori-Atta is a disease the Ghanaians must find an antidote for.

“This is the luckiest government we have seen in history. They’ve had unprecedented oil revenue, unprecedented tax revenue, and unprecedented borrowed funds and what do they have to show for it?

“A different economy with interest rate hovering around 45%, Debt-to-DGP which is over 100% and a draconian Debt Exchange Programme which seeks to expropriate people’s investment and that is because of the reckless borrowing and expenditures they have engaged in. So I say Ken Ofori-Atta himself is the disease he seeks to cure,” he insisted.

Mr Gyamfi was speaking on the controversial Debt Exchange Programme which has witnessed a mass level of rejection and opposition.

For instance, the former Chief Justice, Sophia Akuffo has also criticised the government for the current economic situation.

According to her, the government has failed to be transparent to Ghanaians regarding the current predicament.

She made this known when she joined the Pensioner Bondholders Forum to picket the Finance Ministry over the inclusion of their investments in the Debt Exchange Programme on Friday, February 10.

The stateswoman said the move is unacceptable and cannot be forced on investors.

“Why are we in the mess? Nobody has fully explained to us, yes we took debt, what was it used for? And where is the accountability? Exactly what was it used for? You are not telling us about how you are going to be able to make things better but just that ‘help me and I help you’, no, you help yourself first, let me see you doing something serious because we have seen these sorts of things too many times.

“I am over 70 years now, I am no longer government employee, my mouth has been ungagged, and I am talking, and I am saying that we have failed, and it is important that the elderly should be respected.”

Source: Ernest Arhinful


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