Energy expert, Kwadwo Nsafoah Poku
Energy expert, Kwadwo Nsafoah Poku, has expressed concern over the state of the economy, saying conditions on the ground do not reflect government claims that the economy is improving under the ruling National Democratic Congress (NDC).
According to him, economic activities in the markets remain slow, with ordinary Ghanaians struggling to cope with the high cost of living.
“Things are very tough. When you go to the market, you realise that business is very slow. The government says the economy is doing well and that there is no hardship but that is not the situation on the ground,” he said.
Kwadwo Nsafoah Poku questioned official inflation figures, arguing that regardless of the percentages announced, prices of basic goods remain high.
“They talk about inflation, whether it is 6 percent or 24 percent but inflation is inflation. The reality is that prices are still high,” he stated.
Using food prices to illustrate his point, he noted that expectations of relief under the government’s much-publicised reset agenda have not materialised.
“I thought by now kenkey would be selling at two cedis but it is still five cedis. This is the first Christmas under this government, yet some people cannot even afford to buy fowl. We are not feeling the reset agenda. Things are still hard,” he added.
Source:
www.ghanaweb.com
