The Minority in Parliament has declared that the National Democratic Congress (NDC) is proposing a 24-hour economy plan to address the economic difficulties caused by the ruling New Patriotic Party (NPP).

The caucus contends that the Akufo-Addo administration's irresponsible borrowing has increased Ghana’s debt to over GHC740 billion without yielding significant results.

Eric Opoku, Ranking Member of the Food, Agriculture, and Cocoa Affairs Committee, highlighted the seriousness of the issue during a recent press conference.

“We have been reckless and irresponsible in the last seven years in our borrowing as a nation. From March 6, 1957, to January 7, 2017, Ghana was 60 years old, and our total debt was GHC120 billion."

“Now, within the last seven years, we have increased our debt stock to GHC742 billion. This indicates that in the last seven years, we have borrowed GHC622 billion, unprecedented in the history of our country,” Mr. Opoku stated.

He emphasized that the NDC’s 24-hour economy plan is the necessary remedy for the current economic turmoil.

“To get us out of this mess, what we have to do is work hard."

“We used to work for 8 hours. What we’re saying is that we’re not going to rest for the remaining 16 hours. Let’s make economic use of all these hours,” Mr. Opoku explained.