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Thu, 30 May 2024 Headlines

Akufo-Addo’s gov’t has the lowest economy I’ve ever witnessed; cedi keeps depreciating, no jobs — Musician 

Ghanaian artiste and entrepreneur, D-BlackGhanaian artiste and entrepreneur, D-Black
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Ghanaian artiste and entrepreneur, D-Black, has expressed frustration over the current economic hardships faced by citizens under the Akufo-Addo administration.

In a series of tweets on May 30, 2024, D-Black highlighted several pressing issues, including the continuous depreciation of the cedi, rising unemployment, and the increasing cost of living.

Expressing his dismay, the musician described the current state of the economy as the worst he has ever seen.

“This is the lowest I’ve ever seen the state of our country’s economy. No jobs for the youth. Entrepreneurs are going through it! Costs of goods and services keep rising. The Cedi keeps depreciating at an alarming rate. So much isn’t going well… The people are complaining,” he tweeted.

D-Black’s comments reflect the growing discontent among many Ghanaians who are struggling to cope with the economic downturn.

Entrepreneurs, in particular, have been hit hard by the economic challenges. The rising costs of goods and services have made it difficult for businesses to thrive, leading to job losses and reduced opportunities for the youth.

Meanwhile, statements have been made by Dr. Stephen Amoah, the Deputy Minister of Finance, that Dr. Mahamudu Bawumia, the leader of the New Patriotic Party (NPP), will design a long-term national framework if elected president.

This framework, according to him, will combat and reverse the Cedi's severe devaluation against the US dollar.

He revealed this in an interview with Bernard Avle on the Citi Breakfast Show on Citi FM.

Gideon Afful Amoako
Gideon Afful Amoako

News ReporterPage: GideonAffulAmoako

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