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Akufo-Addo dangerously mismanaging Ghana’s economy; it will soon collapse – Ato Forson

Ranking Member on the Finance Committee of Parliament, Dr. Cassiel Ato Forson has called on Ghanaians to speak out against the ‘poor’ management o

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Ranking Member on the Finance Committee of Parliament, Dr. Cassiel Ato Forson has called on Ghanaians to speak out against the ‘poor’ management of the country’s economy by Presidnet Akufo-Addo and his New Patriotic Party (NPP) government.

Speaking to Citi News in an interview on Tuesday evening, the Ajumako-Enyan-Esiam Constituency Member of Parliament accused the ruling government of burdening the country’s purse with huge debts.

He said if government is not stopped, Ghana’s economy will soon totally collapse.

“The time has come for us to have a temporal-moratorium on new loans and for us to rethink. Look, this country needs an economic forum so that all of us will speak our mind and let the government be aware that the path that they are taking us to is slippery and it can collapse the economy of Ghana,” Dr. Cassiel Ato Forson indicated.

The former Deputy Finance Minister continued, “If that happens it will not only affect the NPP. It will affect all of us so we have to speak out. Ghana doesn’t belong to the NPP alone, it belongs to all of us so there is the need for us to speak and I’m urging the right-thinking people in the society to also speak out. Our economy and the way it is being managed is dangerous. We need to pull the breaks now.”

Meanwhile, former NPP MP for New Juaben South, and a one-time Chair of the Finance Committee of Parliament, Dr. Mark Assibey Yeboah has urged the Akufo-Addo government to consider going back to the International Monetary Fund (IMF) in the face of the country’s dwindling revenues.

He insists that government’s insistence on passing the Electronic-Transaction Levy to shore up its revenue target not feasible given the existential economic challenges.

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