Politics

Economic crisis: Anyone Who Says Things Are Betting Better Doesn’t Respect Ghanaians – Sammy Gyamfi

National Communications Officer of the opposition National Democratic Congress (NDC) says the government is not doing enough to ameliorate plight of Ghanaians.

Sammy Gyamfi said the citizenry is hard done by the current economic crisis.

Due to this, he said anyone who says the economy is rebounding does not respect Ghanaians and their suffering.

Speaking on Asempa FM’s Ekosii Sen programme on Thursday, April 27, Mr Gyamfi urged the government to work on saving the economy rather than seeking undue credit.

According to him, that is the most important duty of the government currently and not slogans.

“We must speak the truth which reflects the hardship the country faces. Today, if anyone tells you that all is well, it means the person is insulting you and that the person does not respect you.

“To say that things are getting better is to insult the insensibilities of suffering Ghanaians whose living conditions keep worsening by the day.”

Ghana is currently before the Bretton Woods Institution for a $3 billion bailout.

As a result, government has renegotiated its domestic debt and is on course with foreign partners as well.

However, critics of government have argued that the government went to the International Monetary Fund (IMF) late.

As a result, the country which is struggling with its worst economic crisis in a generation, secured a staff-level agreement with the International Monetary Fund (IMF) in December for a $3 billion loan, though asking lenders to provide financing assurances is a condition for the IMF’s board to sign off the programme.

Meanwhile, the Chinese government has given a strong indication that it is willing to help Ghana secure the balance of payments bailout from the IMF.

According to the Chinese government, it has an obligation to ensure the Ghanaian economy does not collapse.

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