The Member of Parliament for Builsa South Dr. Clement Apaak has taken a leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko to the cleaners accusing of mocking Ghanaians.
The MP was reacting to comments made by the latter that he was concerned about the economic challenges confronting Ghanaians.
According to him, the economic hardship is very glaring no matter where one finds himself or herself across the globe.
‘The hassle is real. Whether global or not, it is real…,” Gabby Otchere-Darko tweeted.
But the lawmaker believes the politician was only engaging in mockery and not showing real concern.
He asserted that the current economic crisis confronting Ghanaians was in existence before the outbreak of Covid-19 and the Russian-Ukraine war which the government has blamed for our current condition.
Dr. Apaak noted that corruption, mismanagement, and incompetence on the part of the current administration caused our economic woes.
The MP said Ghanaians were already aware of these things hence Gabby had the moral right to make such claims.
“Stop mocking Ghanaians. The hassle was real before Covid-19 and the Russian/Ukraine war. Ghanaians know the main reasons for the current hardship: gross mismanagement, incompetence and barefaced corruption.”
Gabby’s comments come at the back of Ghana’s credit rating downgrade by two international rating agencies, with the third agency, Moody’s, also likely to publish a similar assessment.
S&P Global Ratings pushed Ghana’s debt further into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B.
S&P said its outlook for the country is negative, “reflecting Ghana’s limited commercial financing options, and constrained external and fiscal buffers.”
The Covid-19 pandemic and the conflict in Russia have magnified Ghana’s fiscal and external imbalances, S&P said.
Fitch also downgraded Ghana from B- to CCC, putting the country’s creditworthiness into junk status.
Dr. Apaak maintained that the Nana Addo administration has exhibited gross incompetence and lack of financial discipline even in the face of the crisis.
To him, the government has no clue as to how to resolve these challenges and has also refused to eat the humble pie and seek help from those who could offer the same.
