Former President John Dramani Mahama is expected to deliver an address on matters concerning the economic woes currently confronting Ghanaians.
This was confirmed by Joyce Bawah Mogtari, an aide to the former president, in a Facebook post today October 24, 2022.
“John Mahama speaks on Ghana’s collapsed economy and the unprecedented hardships sweeping across the land and the way forward on Thursday 27th October at 7 pm,” she wrote on her page.
Ghana’s economy has in recent times witnessed a downturn with the government admitting that the country was facing challenging times.
Many economists have also pointed to the rate of inflation, fuel price hikes, and fast depreciation of the Cedi as the basis for the claim.
The government has, however, blamed the ravages of COVID-19 and the Russia-Ukraine conflict for the country’s woes.
Amid economic downgrades from rating agencies such as Fitch, Standards and Poor and Moody’s, Ghana has been prevented from accessing the international capital market which has compelled it to initiate contact with the International Monetary Fund for a programme. Ghana is looking at securing a $3 billion facility over a three-year period.
Mahama in his recent commentary on the economy has urged the government to fast-track negotiations with the IMF in order to secure the programme with the Bretton Woods institution quickly.
He added that with the passing of each day, Ghana’s economic situation was getting worse.
“Distressing! Every passing day makes our economic situation worse. Gov’t must work with greater alacrity to lock in a programme with the Fund in order to create a more predictable economic outlook,” John Mahama tweeted on October 4.
The former president also in an October 19 tweet said the economic hardship confronting the country is the worst in thirty years.
He made the remark while reacting to news that a man had died by electrocution on a high-tension pylon near Kasoa.
“I returned from a trip to the sad news of Kakra who electrocuted himself. Levels of hardship in Ghana are dire; the worst in 3 decades. But suicide is never an answer. Even in the darkest night, there’ll come dawn. The sun will rise again. Let's be each other’s keeper & keep hope alive,” Mahama tweeted.
The anticipated address by John Mahama will be his second major address on the economy in recent times. On May 2, the former president engage with Ghanaians on the topic "Ghana at a Crossroads."
Source: ghanaweb.com
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Dumsor papa is saying what? People with brains are finding it difficult to survive under these global challenges and Clueless person like mahama is talking? I don’t blame him because some Ghanaians have short memories. ***barred word*** man like that coming to contest again? Ghanaians should be very careful about that ***barred word***, very dangerous and greedy politician I have ever seen. Ghanaians please open your eyes because the hardship is everywhere not only in Ghana.
npp should prepare a counter press conference to expose this azaa man, he is behaving like he left us in heaven and Akuffo Addo has taken us to hell. As they say in akan if a hot pepper soup cools down even mouthless individual can taste some, they should let him know that he is never an alternative to our present woes Ghanaians were lucky you were not at the helm of affairs during the covid and current Ukraine and Russian war all of us would have been dead by now.
You and your seven brothers looted this country dry. You and your family members are the part of the cedi falling because according to reliable sources Nigerians, Nigeriens and some Ghanaians have been coming to you and your brothers premises to collect huge sums of cedis to vantage points to buy the dollars in high prices. You are doing this just to paint the government black. Whether the cedi will go down or not you will still loose the next election.
Ahhhhhh......he is going to tell us what we know already. He has no solutions!
You were worse.... We are lucky not to have you as president during Covid. You are enjoying your looted cash on top of your huge pension.
In our traditional history across the length and breadth of Ghana . When the people angrily vote you out as a chief or a leader it’s even a taboo to comeback and even think that you know better! Your abyssal leadership, because you woke up as a leader of this country and stealing the mandate of the people to rule Ghana will forever hunt you John Dramani Mahama ! Your records are there and we shall remind you!!!
Osono ato f3m!!!!!! ...............