27.3 C
Accra
Friday, July 5, 2024
BusinessGhana’s economic crisis is imported - Lawyer Amoh Dartey

Date:

Ghana’s economic crisis is imported – Lawyer Amoh Dartey

spot_img

Ghanaian Legal practitioner, Amoh Dartey has lamented about the current economic crisis in the country.

Ghana is presently experiencing serious fiscal problems, with inflation reaching 41% and food, goods, and services prices fluctuating.

- Advertisement -

As a result, some members of parliament from both the majority and minority parties have called on President Akufo-Addo to fire Finance Minister Ken Ofori-Atta for failing to manage the country’s economy.

Some Ghanaians have embarked on protests against the NPP government in response to the country’s current hardships.

- Advertisement -

However, lawyer Amoh Dartey thinks that the country’s current recession is an imported one.

Speaking on MYABC TV’s ‘Bɛkyerɛ Mu’ Show, Lawyer Amoh Dartey stated that, “most of Ghana’s economic crisis is imported because we have built our economy in such a way that, we always depend on importation.”

- Advertisement -

He explained that the country depends largely on imported goods and this has resulted in the nation’s economic woes.

“If we want clothes, we import from Turkey, Toothpick we import from China, we have shoes in Kumasi but we import from Turkey. Everything in Ghana is imported either from Asia, Europe or America. Even tomatoes we import with billions of dollars. So when the pandemic erupted, the global supply chain shut down and this has affected the nation.”

According to him, the country will continue to experience an economic crisis if it continues to depend on imported goods.

 

Source: Ghanaweb

Latest stories

I’ve never dated since my break up in 2008 – Nigeria’s Folarin Falana

Folarin Falana, better known by his stage name 'FalzTheBhadGuy,'...

Folarin Falana has been single for the past 15 years

Folarin Falana, widely known as 'FalzTheBhadGuy,' has revealed that...

NAPO is a generous individual – Gideon Boako

Dr. Gideon Boako, spokesperson for Vice President Dr. Mahamudu...

Full list of AFCON 2025 qualifiers draw

The road to the 2025 Africa Cup of Nations...

Uncle Ebo Whyte’s new play ‘Takeover’ shows at National Theatre today

Renowned Ghanaian playwright Uncle Ebo Whyte is set to...

Ghana recorded 610 cases of missing persons from 2021-2023 – Report

A recent report by a non-profit organization, Missing Ghana,...

Related stories

World Bank supports COCOBOD’s cocoa rehabilitation with $100m

The Ghana Cocoa Board (COCOBOD) has successfully obtained a...

GIPC CEO justifies decision to scrap capital requirements for foreign businesses

Chief Executive of the Ghana Investment Promotion Centre (GIPC),Yofi...

Labour Bank: TUC to set-up bank to support its members

Trade Union Congress (TUC) has announced its intention to...

Implement sustainable revenue measures to restore macroeconomic stability – Gov’t told

Policymakers and academics have emphasized the urgent need for...

Ghana’s exports to EU countries surged 200 million euros in 2023

Ghana's trade with the European Union (EU) showed promising...

The term of BoG Governor must overlap that of the President to ensure continuity – IEA

The Institute of Economic Affairs (IEA) is urging substantial...

Ghana is rapidly leading in adoption of cryptocurrency – Report

The largest cryptocurrency exchange platform globally, Binance, published findings...