Sammy Gyamfi writes on the 2024 budget  statement and economic policy

Sammy Gyamfi writes on the 2024 budget statement and economic policy

The 2024 budget failed to address the economic bankruptcy and excruciating hardships Ghanaians are reeling under, owing to reckless mismanagement by the Bawumia-led Economic Management Team.

This budget offers no hope whatsoever for the teeming unemployed youth and the ordinary man on the street whose economy is his pocket.

From “Asempa” budget in 2017 to “Adwumapa” budget in 2018 to “Mpuntuo” budget in 2019 to “Nkosuo” budget in 2020 to “Obatanpa” budget in 2021 to “Agyenkwa” budget in 2022 to “Nkabom” budget in 2023 to “Nkunim” budget in 2024; the living conditions of Ghanaians have continued to worsen year after year.

Today, our beloved country finds herself in a self-inflicted debt crises, with a high unemployment rate of 14%, an unbearable inflation rate of 35.2% and a crippling lending rate of averagely 36%.

Yet, the very government that has plunged us into this catastrophic mess continues to feed us with meaningless economic jargons and useless slogans.

This is the sad reality of ordinary Ghanaian.

SAMMY GYAMFI ESQ.
National Communications Officer, NDC

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