Professor Godfred Alufar Bokpin, a Financial Economist at the University of Ghana (UG) says government's approach in dealing with the economic challenges facing the country "appears like trying to trick or surprise the market".
"The approach government is using in managing all of these appears like trying to trick or surprise the market . . . we know that Ghana is in a deep crisis, in fact in economics if there was any word beyond crisis that is what we will be using now . . . we all do acknowledge that we have to come out of this . . . " he said.
Speaking in an interview on Peace FM's morning show 'Kokrokoo', Prof Bokpin said to come out of this situation government needs to have "some moral authority" and call various stakeholders for a "broader consultation".
" . . Broader consultations, the humility to acknowledge where we have gone wrong and where we can do better, that brings everybody to the table is very critical now . . . we need negotiations, to do so you have to come to the negotiation table with some moral authority . . . failure to do that, it’s going to be difficult for us to get out of this," he averred.
"Consensus building is the way to go and to do this, it requires honesty and transparent," he added.
Source: Peacefmonline.com
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I still don't why the media continues to give these so-called experts the space to just spew sensational emotions - are you seeking for a consultancy?
No we haven't gone wrong anywhere, Russia, Ukraine and Covid 19 are to blame.We are waiting on Russia to end their attacks on Ukraine. 24 hours after they ceasefire, the cedi will overtake the dollar, fuel will sell at it's lowest ever, food prices will be virtually free. Remember all the ministers in these government ate A+ ministers. Their output is the best so far from Mansa musah's ancient Ghana empire to date so they don't make mistakes. It's just Russia and Ukraine that is worrying Ghana