28.09.2022 NDC

Ghana has no economy again, historical debt to GDP now beyond 100% — NDC' William Kpormatsi

By Japhet Festus Gbede || Contributor
Ghana has no economy again, historical debt to GDP now beyond 100 — NDC' William Kpormatsi
28.09.2022 LISTEN

A former parliamentary aspirant in the Akatsi South Constituency, Mr. William Kormatsi has said the country under the leadership of Nana Addo Danqua Akufo-Addo has no economy to mismanage again.

According to the business tycoon, the economy is dead with the country's real Gross Domestic Product (GDP) above 100%.

Mr. Kpormatsi made this assertion on his official Facebook page.

"Ghana has no economy again! Historically, debt to G.D.P is now beyond 100%. Let's take care of our small savings!" he stated.

According to him, the magnitude of suffering being experienced by Ghanaians is more the ravages of war, advising Ghanaians to guard their savings in the country's banks.

Mr. Kpormatsi's comments add to the sentiments of many Ghanaians who have decried the country's economic woes.

Ghana, under the leadership of President Nana Addo and Dr. Bawumia, is currently experiencing a hard time, with the country's currency consistently falling against the US dollar and other major currencies.