Ghana’s economic crisis kills more people than Covid – NDC National Chairman
National Democratic Congress (NDC) National Chairman Samuel Ofosu-Ampofo said the current economic situation in the country is killing more people than the COVID-19 pandemic.
According to him, the magnitude of the suffering experienced by Ghanaians cannot be compared to the ravages of the pandemic.
Speaking in an interview on Kumasi-based Oyerepa TV on Monday, he lamented the decline of the country’s economy and lamented the government’s inability to ease the plight of Ghanaians.
“Right now we have a pandemic of economic hardship that is killing even more people than COVID. We have always known that the President visits our homes to say ‘fellow Ghanaians’.
“But now the problem we have is more than COVID. [That is]the challenges we face, [and] stress in the system. Pressure kills people. The current economic difficulties have even given people high blood pressure,” he noted.
Mr. Ofosu-Ampofo’s comments add to the sentiments of many prominent Ghanaians who have spoken out against the country’s economic difficulties.
Ghana is currently going through a tough time, with the country’s currency steadily declining against the US dollar and other major trading currencies.
This subsequently contributed to increases in fuel prices as well as the persistent increase in the cost of living.
Against this backdrop, a concerned group, the Ghana Traders Association (GUTA), has threatened to close all its shops on Monday, August 29, to stage a protest against the hardships in the country.
Addressing a press conference on Monday, the group’s management explained that the depreciation of the Cedi had an impact on their businesses, and therefore the need for the government to take active measures to deal with the crisis.
GUTA members also urged the government to consider making the Chinese yuan the import currency, to minimize the adverse effects of cedi depreciation.
Meanwhile, the government continues to assure citizens of its desire to alleviate the plight of citizens by deploying measures to put the country on a better economic footing.
Ghana is also expecting a bailout from the International Monetary Fund (IMF), after approaching the global lender on July 1, for economic assistance.