Renowned Economist, Mr. Kusi Boafo has predicted that it will take President Nana Akufo-Addo and his economic team two years to start seeing some reliefs in the current economic situation in the country.
According to him, Ghana’s economic fundamentals are too weak to see signs of improvement within the first year of President Akufo-Addo’s administration.
Speaking to the choice of Mr. Ken Ofori Atta for the Finance Ministry and Hon. Osafo Maafo as Senior Minister by President Akufo-Addo, Mr. Kusi Baofo on Okay FM’s 'Ade Akye Abia' Morning Show said they have rich experience to help solve the economic problems.
He stressed that despite the economic prowess of the appointees like; Ken Ofori Atta, Hon. Osafo Maafo and Dr. Anthony Osei Akoto, Ghana’s economy will show positive signs in 2019; urging Ghanaians to understand that things will not change overnight.
"Akufo-Addo’s government cannot solve all the challenges within a year or two and Ghanaians must understand that things will not change overnight. Ghana has weak economic fundamentals and it will take experience and hard working appointees to do better negotiations to resolve our economic fundamentals,” he averred.
He again emphasized that “without economic fundamentals, we cannot develop and restore confidence in Ghanaians; they need deeper understanding of the economic situation and the people who have been packed at vantage places of the economy will help strengthen the weak economy.”
He hinted that though the economy is weak, the country has potentials to overturn the economic situation; reiterating it will take hard work, determination, honesty and knowledge to make it a reality.
“Ghana’s economic success will take a while because managing the economy is not practicing magic,” he stressed.
Source: Daniel Adu Darko/Peacefmonline.com.gh
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Yes from your prediction but you are not God .Thee is nothing too hard for God .As long as we the battle is the Lords he will make a way .2 Kings 7 .We pray for Gods direction and put into action good directives .
is that nana addo in the pic? eeeiii these gh media guys..hmmm
continue giving excuses for the govt...within 4yrs they will then come back and tell us 4yrs aint enough...bias lecturer
God bless the nation. The change is here so we should start the manufacturing and stop depending on imported items. One factory one district.
I personally know him. No wonder he is a Chartered Accountant of good standing.
Observer, you started very well but you last statement will not come to pass. JDM will not even stand for elections in 2020. Very good submission.
Well done my friend Mr. Boafo for helping to bring Nana Addo and the NPP to power. I have been an ardent listener to political debates in Kumasi. Your contribution was significant. However,even in 8 years Nana Addo cannot solve Ghana's problems, not economic, not infrastructure, energy or anything because those problems cannot be solved by politicians. Did I hear Allan commending everything about the komenda sugar factory which you derided. In fact he said at the vetting that everything as okay and he was going to continue it. Much as I like Allan's objectivity, it showed how unfair Ghanaians have been to JDM. JDM will certainly be back!