The Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah, has criticized the government over its claims of economic stability. Speaking in response to the Finance Minister’s statement on Tuesday, Kojo Oppong Nkrumah insisted that the current economic situation does not reflect the stability being projected. He noted that although several policies have been introduced and inflation has declined, many Ghanaians have yet to feel any real relief. According to him, the rising cost of living, increasing unemployment, and additional tax pressures continue to weigh heavily on citizens.
He further challenged claims that Ghana has exited the International Monetary Fund (IMF) programme. He explained that Ghana remains a member of the IMF and had only completed an Extended Credit Facility programme. He called on the government to provide clear and accurate information to the public.
Meanwhile, the Member of Parliament for Bolgatanga Central, Isaac Adongo, rejected the claims made by Mr. Oppong Nkrumah. He clarified that the government has not stated that Ghana has exited the IMF. He added that while inflation has declined, it does not mean prices of goods and services have stopped rising, but maintained that there is overall economic stability. He also dismissed assertions that the government has introduced eight new taxes.
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