Ghanaians will hear President Akufo-Addo officially breaking his deafening silence on Ghana’s ailing economy tonight at 8pm
Although many think this has been long in coming, the day is finally here with many Ghanaians expecting to hear a lot from the president.
This address comes at the time many economic watchers insist something crucial must be done to salvage the economy from eminent collapse.
As at the time of putting this editorial piece together, the President and his cabinet are currently locked up in a meeting to find lasting solutions to the economic issues Ghana is facing.
Some have suggested that president Akufo-Addo considers downsizing his government. Others have said there should be a significant cut on the country’s desire to import and rather encourage local production of our staple foods.
Other schools of thought have also opined that some policies like the Free Senior High School policy could be reviewed to lessen the financial burden on the government especially as it can afford the Country the opportunity to get some extra cash to be pumped into the other equally important sectors of the economy.
Ghana’s inflation for September 2022 stands at 37.2 percent while Producer Price Inflation for the same month has risen to 45.5 percent putting majority of Ghanaians in a tight situation because their purchasing power keeps reducing amidst poor salaries.
Prices of food items are high, coupled with the increasing cost of transportation.
On the labour front, workers are demanding better working conditions. Manufacturers are also adopting ways to cut down on operations in the wake of these economic difficulties.
Ghanaians will soon pay more for transportation as the Ghana Private Road Transport Union (GPRTU) is set to increase fares by 19% effective Saturday, October 29, 2022, necessitated by the continuous soaring prices of petroleum products at the various fuel pumps.
These and more examples the Ghanaian Publisher cannot enumerate tells us that the president cannot paint any flowery picture to the people on Sunday.
These are stuck realities that bothers on our daily lives and as such Ghanaians expect a frank and blunt represention of issues.
The paper believes president Akufo-Addo will restore hope and give an indication of the direction the country is heading.
The despondency, anxiety, frustration, despair, poverty, hunger and anger among the populace must give way to some semblance of hope and the zeal to go on because the people’s eyes are on you, Mr President!
