Samuel Okudzeto Ablakwa, a member of the opposition National Democratic Congress (NDC), believes that in 2023, popular resentment of Akufo-Addo would intensify.

The politician claims that this will be exacerbated by the government's proposed debt swap program, which has already encountered intense opposition from a portion of the people.

He remarked in a Facebook post at the beginning of the new year that, in his opinion, this resistance will negatively impact Ghana's IMF agreement, which will exacerbate the economic problems in the nation.

“Public agitations against the Akufo-Addo/Bawumia/Ofori-Atta debt exchange programme predicted to reach a crescendo as an overwhelming majority of Ghanaians will outrightly reject the draconian terms.

“The debt exchange resistance and considerable turmoil would lead to a substantial delay in an IMF Board Agreement, which development will further exacerbate Ghana’s current economic calamity”, the MP wrote.

After experiencing a record fall, the nation's economy has become a hot topic of discussion during the past year.

Excruciating reports of hardship on the part of many Ghanaians accompanied the economic downturn.

Given the circumstances, the Cedi experienced an all-time low value relative to the US dollar and other major trading currencies, which increased the cost of fuel and other goods and services.

The country had to eventually knock on the doors of the International Monetary Fund for an economic bailout on July 1, 2022, despite earlier assurances that the economy would stabilize.

The decision was sharply criticized as well, with many Ghanaians accusing the NPP of applying different standards to it than it did to the NDC when it was in opposition for approaching the IMF.

A portion of the population also used social media to call for the resignation of Ken Ofori-Atta, the finance minister. The hashtag "KenMustGo" gave this more traction.

Others in the House of Representatives joined the chorus and demanded the dismissal of Mr. Ofori-Atta.

However, despite the protracted unrest, there was a little respite when the cedi began steadily increasing against the dollar in the latter months of the year.

In view of this, the institute of Energy Security (IES) also predicted that, fuel products will reduce, starting Sunday, January 1, 2023.

However, Mr Ablakwa believes that the temporary cool of Ghanaians will soon be overthrown with more agitations from government.

Meanhwile, government has assured that it is throwing in all arsenals at its disposal to restore the economy and place it on a more desirable footing.

This was contained in the President’s earlier Christmas Day message, as well as his New Year message to Ghanaians at the beginning of 2023.