Dr. Cassiel Ato Forson, the Minority Leader in Parliament, has strongly criticized the Akufo-Addo administration for its poor performance despite having access to substantial resources.
He pointed out that the government, in its seven years in office, has received a significant US$134.4 billion, excluding government grants, but has failed to deliver.
In a parliamentary debate on President Akufo-Addo’s State of the Nation Address (SONA) on Monday, March 11, Dr. Ato Forson described the government’s performance as “despicable”.
“This is the most resourced government ever in the history of our country. Mr Speaker, this government, in seven years, has received over GHS925 billion, equivalent to US$134.4 billion, excluding government grants. The goodwill and the resources that this government has received notwithstanding, its performance has been nothing but despicable,” he said.
He drew attention to key sectors of the economy that are struggling under the current government, including the exchange rate, lending rates, and youth unemployment.
“Mr. Speaker, numbers don’t lie! The numbers clearly make the point that this government and its economic whizz kid and Chairman of the Economic mis-Management Team have been a terrible disaster; they have failed bigly! Rt Hon. Speaker, the economy has collapsed on their watch, the exchange rate is out of the roof, lending rates are extremely high. Business confidence is at an all-time low. Youth unemployment has become a national security risk, inflation is still high. Shrinkflation, where companies keep their prices the same but give you less of their product, is the order of the day.”
He expressed concern about businesses leaving Ghana due to the “poor business environment.”
“Hon. Speaker, more and more businesses are leaving Ghana as a result of the poor business environment. Increasingly, captains of industry are exploring other places to relocate their businesses from Ghana as a result of the burdensome and stagnating policies of this government,” he asserted.
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