Casiel Ato Forson, Member of Parliament for the Ajumako-Enyan-Esiam Constituency in the Central Region, has outlined the reasons for Ghana’s current economic woes.
Ghana is in a deep economic crisis, with rampant inflation reaching nearly 55% and its currency falling by nearly half against the US dollar.
The government’s finances are also at an all-time low.
President Nana Akufo-Addo, who has faced several protests in Ghana as a result of the situation, acknowledged that Ghana is in crisis and blamed “malevolent forces…that have come together at the same time,” referring to the COVID-19 and Russia’s invasion of Ukraine.
Ghana’s government has blamed the Covid-19 pandemic and the war in Ukraine as some of the causes of the economic crisis, but analysts believe that government overspending has also contributed to the country’s current problems.
In a Friday Twitter post, the ranking member of Parliament’s Finance Committee claimed, among other things, that the country’s current economic difficulties are due to the large size of government officials.
Below are the 7 reasons outlined by Ato Forson:
1. The NPP has the largest government in Ghana’s history! Discover how many ministers they have appointed since 2017. They had over 125 ministers at one point!
2. This administration employs over 1,000 presidential staffers as article 71 officeholders at the Jubilee House!
3. They’ve also appointed a plethora of special assistants to ministers with salaries comparable to those of deputy ministers at the various MDAs.
Take into account the following:
4. The number of spokespersons at various MDAs who are paid more than Directors!
5. The number of CEOs and their pay packages at various State-owned Enterprises (SOEs)! Many of these SOEs now employ three or four deputy CEOs with generous pay and benefits!
6. The impact of over 50 new zero-output agencies, such as CODA, NADA, MBDA, free SHS secretariat, 1D1F secretariat, Petroleum Hub Development Authority, Ghana Cares Secretariat, and so on.
7. The heinous decision to send over 100 Databank employees to the Finance Ministry as special assistants and pay them as customs commissioners on the GRA payroll!
— Cassiel Ato Forson(PhD) (@Cassielforson) January 14, 2023
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