
Govt to invest $2bn annually for five years to tackle unemployment
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15th August 2023 10:21:44 AM
1 min readBy: Abigail Ampofo

Former Member of Parliament for Buem Constituency, Daniel Kwesi Ashiamah,has raised concerns about the allegiance of the present Governor of the Bank of Ghana, Dr. Ernest Addison, to the nation.
Mr. Ashiamah has questioned Dr. Addison's commitment to the country, stating that his reluctance to step down from his position despite continuous urging from the parliamentary Minority raises doubts about his patriotism as a Ghanaian.
“Even this ultimatum is charitable. If Addison were a true Ghanaian with Ghana at heart, we needn’t [have to ask], after reading this report, he should have resigned, and nobody should worry that the NDC should go and pull him out after 21 days,” the former National Democratic Congress MP stated on Okay FM during a discussion on the 21-day ultimatum issued to the governor by his party to resign.
The Bank of Ghana and its leadership are currently under thorough public examination following the release of the 2021 annual report, which discloses a loss exceeding GH60 billion cedis.
Moreover, professionals and representatives of the opposition party have alleged that the bank printed GH22.04 billion in 2022 without obtaining parliamentary authorization. Additionally, there are accusations that the bank absolved GH32 billion of government debt.
The opposing party argues that the combined actions of the central bank and the government under Nana Addo Dankwa Akufo-Addo have played a substantial role in exacerbating the ongoing economic difficulties within the country.
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