The dollar is stable, which is good. Inflation is under control – Former NPP MP

Former Subin Member of Parliament, Eugene Boakye Antwi, has described 2025 as a difficult year, particularly for members of the opposition New Patriotic Party.

In a video shared on social media on December 28, 2025, Boakye Antwi said the year has been challenging due to the change in government and the time required for the new administration to appoint ministers, agency heads, and MMDCEs.

“It’s been a not-so-good year because one, there was a change of government. The government had to put its team in place to work. The ministers, the agency heads, the MMDCS, the ambassadors, I mean, we are waiting to see,” he stated.

Drawing from his experience as a former deputy minister, he said it would be unfair to assess a government within its first or second year in office.

He added that a clearer picture of the current government’s direction would emerge by this time next year.

“I’ve just told them earlier that it will be unfair to assess any government. I’ve been a member of the executive before as a deputy minister from 2017 to 2021. And it wouldn’t be fair to assess any government within its first year or even the second year.

“I would say next year, around this time, will give us a better hang of what, where the government intends to take the country,” he said.

Boakye Antwi also pointed out that Ghana still relies on IMF support, which he believes limits the resources available to the government.

“But as it stands, we are we are IMF economy. There isn’t much in the system for the government to work on or to work with.”

He acknowledged some positive signs, including the stability of the dollar, but described the gains as artificial and not backed by clear policy.

“The dollar is stable, which is good. Inflation is under control. But it’s all because these are, these are all artificial stuff because there’s no policy driving it, there’s no policy behind it, if you know what I mean,”

Despite this, he praised the government for stabilizing the cedi, saying it has benefited importers.

“The government has been smart to find a way, right, to stabilize the dollar. It’s allowing the good people of this country to bring in imports, you know, with a very stable dollar. It helps them to plan. But it all remains to be seen sometime next year, if indeed there is some kind of master plan that is being used by this government to hold the city, to hold inflation, and what have you.”…CONTINUE MORE READING>>>