Vice President Dr. Mahamudu Bawumia is no stranger to the economic woes Ghana is bedevilled with and he has assured that he is committed to the economic recovery efforts in the year 2022.
Though he cannot discount the effects of Covid-19 on the economy, he is sure things will soon get back to normal.
During a meeting with Muslim leaders, Dr. Bawumia said 2022 will be a better year for Ghanaians.
“In the coming year, we will continue to strive to get the economy back on track from the shackles of Covid-19. We are also committed to our inclusive governance of the past five years, which has seen us invest in education and other sectors of the country.”
Challenges with the economy had always been evident, as many Ghanaians have complained of undue hardships. And the government in the 2022 Budget Statement and Economic Policy promised to avert the situation.
A Ranking Member on the Finance Committee of Parliament Dr. Cassiel Ato Forson told Ghanaians to brace themselves up for more economic difficulties this year.
In a six-bullet point post on Facebook, Dr. Forson, who is also the Member of Parliament for the Ajumako-Enyan-Esiam constituency, among other things, said: “folks, we need to brace up for more hardship this year”.
He predicted that there would be “at least 30% increase in general goods while the Ghanaian cedi will hit seven cedis to a dollar by the end of the year, 2022″.
However, Deputy Finance Minister, Dr. John Kumah did not agree with the negative picture of the economy being painted by Dr. Forson.
In a statement on Facebook, the Deputy Minister insisted that Dr. Forson’s predictions were “not supported by data.”
“It is unfathomable to think that a former Deputy Minister of Finance could be this pessimistic, speculative and propagandist on important issues concerning the economy of Ghana,” he stated.