Kennedy Agyapong, a member of parliament from Assin Central, acknowledged that the current economic climate is challenging, particularly for SMEs.

The outspoken congressman demanded immediate action by reconsidering plans, policies, and programs to guarantee Ghana gets weaned off contributions and outside help without going into detail about the facts of his accusation.

On the Morning Show segment of Net2 TV's October 25 broadcast, Agyapong made a statement.

"The economy is tough and business is tough. I would be dishonest if I sat here and claimed differently. I have to acknowledge that times are difficult.

“But there is hope and what we should bear in mind is that it is situations like this that births inventions and innovations,” he stressed.

He said Ghana needs to reset and recalibrate economic models because “everyone the world over is taking care of themselves and to that end, we cannot depend solely on donations and handouts. It is time to review our policies and programmes and be bold.”

He related to pragmatic policies citing the touted policies of Dan Lartey’s Great Consolidated Popular Party, GCPP, and the Acheampong era. “We should put policies in place to help us live as normal human beings created by God.

He also referred to a list of imports and how much it costs, advancing thus, “let us address the importation of certain goods, import substitutions and build more factories,” citing how the 1D1F projects can help build an export-oriented economy as compared to the import-dependent one Ghana is grappling with.

Later that morning, a group of NPP MPs held a press conference demanding the removal of the Finance Minister over his management of the economy and the hard times that citizens were facing.

President Akufo-Addo intervened and got a concession on two grounds, that the Minister be allowed to conclude initial talks with the International Monetary Fund and present the 2022 budget and see to passage of its appropriation.

The president has also addressed the nation on the economic challenges and how the government intends to tackle them.