Ex Prez Mahama Blames Akufo-Addo For Worsened Poverty In The North

John Dramani Mahama

Former President John Dramani Mahama claims that the New Patriotic Party's (NPP) mishandling of the Ghanaian economy has made impoverished people in the north poorer.

According to him, price instability and severe inflation have exacerbated Ghanaians' already vulnerable circumstances, particularly in northern areas.

In his most recent journey to the north, Mr Mahama visited the Savannah, Northern, and Upper West Regions, and his observations of people's living conditions indicate to an economic collapse.

"I am back to Accra from a trip to the Savanna, Northern and Upper West Regions – and poverty has worsened due to extreme inflation & price volatility," he wrote in a Facebook post.

While blaming the issue on poor economic management, he acknowledged that the opposition National Democratic Congress has done a better job than the New Patriotic Party.

"The economy is in a near state of collapse; clearly, the NDC has been a better manager of the economy," he added.

Since the middle of 2022, the country's economic conditions have deteriorated significantly, with high living costs, cedi devaluation, high gasoline costs, rising inflation, and price instability, among other things.

Even though the government has sought assistance from the International Monetary Fund, the process of reaching an agreement has been beset with difficulties, the most recent being a domestic debt exchange programme that has been widely opposed by stakeholders, including bondholders.

Post a Comment

DISCLAIMER: Comments on this article are that of the commenters and they do not necessarily reflect the organizations stand or views on issues.

Previous Post Next Post