
Construction of Bolgatanga stadium to begin before year-end - Regional Minister
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1st December 2022 7:42:11 AM
2 mins readBy: Chris Kodo
John Dramani Mahama has bemoaned the difficulties faced by typical Ghanaians as a result of the country's economic crisis.
Thus, the former president has urged all concerned parties to work together to help the government find a solution to the situation.
He is confident that Ghana wouldn't be in its current economic predicament if the president had access to the kind of sound advice that he used to receive.
At a discussion with some clergy at his Cantonments office, Mahama declared that there was no use in taking political advantage of the difficulties the administration was experiencing.
“All the political parties are in competition for leadership and so you cannot be happy that one party’s administration is going through economic difficulty and you stand and gloat over it.
“I mean we must contribute what we can to ensure that they turn it around…. Better to work together to turn things around. Especially for the ordinary people of this country, the hardship is real and when you go to the grassroots you find that people really have a difficulty,” he stressed.
An economy in distress
The economy is facing major headwinds that have been characterized by galloping inflation, consistent depreciation of the cedi and general high cost of living and of doing business.
The government is hoping to reach a deal with the International Monetary Fund, IMF, for an economic support programme aimed at shoring up the economy and easing the burden on ordinary Ghanaians.
President Akufo-Addo and his government have come under heavy scrutiny for failing to address the current economic challenges in the country.
The prices of goods and services have been continuously rising all year round, with inflation currently at over 40 per cent.
The Ghana cedi has been ranked the worst currency in the world among 148 currencies tracked by Bloomberg, overtaking Sri Lanka's rupee, having depreciated by nearly 50 per cent so far in 2022.
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