Ghana Politics

Akufo-Addo has plunged Ghana into ‘economic dumsor’ – Yvonne Nelson

According to Yvonne Nelson, Akufo-Addo has led Ghana into a “economic dumsor.”

Ghana’s economy, according to actress and entrepreneur Yvonne Nelson, is in a state of “economic dumsor.”

Due to the Dumsor power rationing schedule, which was implemented under the Mahama administration, Yvonne and other celebrities staged a protest in 2015, calling on the government to address the problem.

She claimed that after elected president, Akufo-Addo proved to be terrible news for the country’s economy.

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“Akufo-Addo entered the White House with a great deal of goodwill. He was portrayed as a strict disciplinarian who wouldn’t think twice about using the whip on errant appointees.

“He was hailed as being impervious to corruption, and Ghanaians believed he would be the antidote to widespread theft at the highest levels, also known as corruption. His government’s unchecked borrowing, corruption, and careless spending forced the country into an economic depression, which was unfortunate for Ghana and those who put their trust in him, according to a passage of the book. He has proven to be a huge disappointment.

A COVID-19 pandemic and the Russia-Ukraine war-related economic crisis led to Ghana being placed under an International Monetary Fund (IMF) program.

Analysts and the opposition, however, have emphasized that the issue is a self-inflicted one brought on by egregious corruption and poor economic management.

Source: Mynewsghana.com

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