Things are very tough, business is very slow – Kwadwo Nsafoah Poku

Energy expert Kwadwo Nsafoah Poku has raised concerns about the state of the economy, saying the reality on the ground does not support government claims that conditions are improving under the ruling National Democratic Congress (NDC).

He said economic activities in the markets are still slow, with many Ghanaians finding it difficult to manage the high cost of living.

“Things are very tough. When you go to the market, you realise that business is very slow. The government says the economy is doing well and that there is no hardship, but that is not the situation on the ground,” he said.

Kwadwo Nsafoah Poku also questioned the official inflation figures being announced, stressing that prices of basic items remain high regardless of the statistics.

“They talk about inflation, whether it is 6 percent or 24 percent, but inflation is inflation. The reality is that prices are still high,” he stated.

Using food prices as an example, he said the expected relief under the government’s much-talked-about reset agenda has not been felt.

“I thought by now kenkey would be selling at two cedis, but it is still five cedis. This is the first Christmas under this government, yet some people cannot even afford to buy fowl. We are not feeling the reset agenda. Things are still hard,” he added…CONTINUE MORE READING>>>