Economic Hardships Not Only In Ghana – Bawumia Raps
The Vice President, Dr. Mahamudu Bawumia, has asked Ghanaians to bear with the Akufo-Addo-led government, since the ongoing economic hardships being experienced are not only in Ghana, as the country, together with the rest of the world, is going through one of the toughest times in history.
Speaking in the presence of the traditional, political and spiritual leaders at Hogbestosto Festival at Anloga in the Volta Region last Saturday November 5, he acknowledged that Ghana is in crisis, but the situation is no different from elsewhere in the world.
“The increase in the cost of living has caused hardships not only in Ghana, but many countries. In fact, the BBC noted about two weeks ago that, so far, this year, in 93 countries we have had public protests against the increased cost of living. It is important to know however that amidst all of this turmoil, we should put things in perspectives,” he said.
According to him, “The government of Nana Akufo-Addo has over the last six years taken many steps to reposition and transfer the economy.
“So, while we have hardships today which we are working very hard to alleviate, and Isha Allah, we will deal with it, let us not forget what we have been able to do in the last six years.
“Let me recall that we have built more interchanges than any other government in the Fourth Republic, more railways than any other government, we have built more classrooms than any other government in the Fourth Republic,” he said.
Dr Bawumia said the government, in the past years, has embarked on several developmental projects unprecedented in Ghana’s history, which must be taken into consideration.
He mentioned some of these projects, spanning schools, roads, interchanges, airports and many others.
Dr Bawumia said that events before COVID-19 and Russian-Ukrainian war must not be lost on Ghanaians.
He said, “We all know we are facing global economic crisis which Togbe Sri II referred to. This is a crisis that is being felt all over the world and the cost of living accelerated across the globe.”
He went on to give statistics from neighboring countries, as well as Europe.
“If you look at the cost of living as measured by the rate of inflation, between 2019 and now, the rate of inflation has increased by five-fold in Ghana, it has increased by sixteen-fold in Togo,, it has increased by eleven-fold in Cote D’Ivoire and eight-fold in the United Kingdom,” he pointed out.
This year’s festival of the Anlos was attended by the Asantehene,Otumfuo Osei Tutu II, and other traditional leaders.