The Member of Parliament (MP) for Bolgatanga Central Constituency in the Upper East Region, Isaac Adongo, has criticized Vice President, Mahamudu Bawumia, for being largely silent about the state of the economy in Ghana.
“He is no longer anywhere to be found on the economics team. He has disappeared, and he is avoiding conversations about the economy like the plague,” Isaac Adongo told Gattusso on Original 91.9 FM.
Isaac Adongo is of the opinion that Dr. Bawumia is well aware of the status of the economy’s decline and he is ignoring it.
‘He is unwilling to approach it with a long stick. He is unwilling to accept responsibility for the debacle he oversaw,” he added.
Ghana is currently unable to pay its internal and external debts and is struggling to meet other financial obligations.
Several international rating agencies have downgraded the economy, reducing investor confidence and leaving it in a junk state.
The depreciation of the Ghana cedi against the United States dollar and other major trading currencies has led to prices of goods and services, including fuel and transport fares skyrocketing incessantly, making survival difficult for Ghanaians.
Currently, the government is banking its hopes on ongoing talks with the International Monetary Fund (IMF) for help to save the sinking economy with among other things, a $3 billion bailout fund.
By: Richard Obeng Bediako
