Introduction

Ghana’s economic growth is projected to hit 7.6% by the end of Dec.2019 with strong macroeconomic indicators and fiscal gains. Consistently, the country has seen some significant economic growth even though on the other hand cost of living of the ordinary Ghanaian has since been surging which of course makes it very worrying. Whereas there is a direct correlation between economic/GDP growth/fiscal gains and living standard or cost of living of the people, it’s unfortunate that it is the opposite in the case of Ghana.