Economic Crisis: We need a lecture from Bawumia – Dotsei Malor

A former presidential staffer in the Mahama regime is urging Vice President Dr. Mahamudu Bawumia to give a lecture on Ghana’s present economic predicament.

Ben Dotsei Malor says the economic lecture is urgent.

“Now, more than ever before, Dotsei Malor said in a Facebook post, “we need a “lecture” from the “economic whizkid” Simple.”

His call comes on the heels of unprecedented hardship which has worsened the plight of Ghanaians post-COVID and as a result several people calling for the dismissal of the Finance Minister, Ken Ofori-Atta, and the Minister of State at the Finance Ministry, Charles Adu Boahen.

The hardships, occasioned by rising inflation, the Cedi depreciation against major trading currencies, and the constant increase of petroleum products, have seen the cost of living skyrocketing and causing panic.

Vice President Dr. Mahamudu Bawumia earned the “economic whizkid” sobriquet in the build-up to the 2008 presidential elections.

Dr. Bawuima was touted as the ‘man’ to rescue Ghana from the economic woes the citizenry has been enduring since the beginning of the fourth Republic.

However, the deteriorating economy under his watch has left many questioning his capabilities and competency as an economist.

Akufo-Addo’s address on the economy

Addressing the nation on Sunday, 30 October 2022, President Nana Addo Dankwa Akufo-Addo admitted to the current economic crisis, describing it as a ’historic’ development.

“We are in a crisis, I do not exaggerate when I say so. I cannot find an example in history when so many malevolent forces have come together at the same time.

But, as we have shown in other circumstances, we shall turn this crisis into an opportunity to resolve not just the short-term, urgent problems, but the long-term structural problems that have bedeviled our economy”, President Akufo-Addo noted.

But many Ghanaians have registered their displeasure at the Jubilee House Occupant for failing to introduce pragmatic measures to salvage them from the harsh economic situation.

 

By: Bernard Ralph Adams | Metrotvonline.com | Ghana

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