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General News of Friday, 21 March 2025

    

Source: www.ghanawebbers.com

Kwakye Ofosu blames NPP reckless spending for economic woes - Ghanaian Times

In a recent statement, Kwakye Ofosu, a former Deputy Minister of Communications, attributed Ghana's current economic challenges to the reckless spending habits of the ruling New Patriotic Party (NPP). He criticized the government for its mismanagement of resources and failure to implement prudent fiscal policies. According to Ofosu, these financial missteps have led to rising inflation and increased living costs for Ghanaians.

Ofosu emphasized that the NPP's approach has not only strained public finances but also eroded public trust in governance. He called on the government to adopt more responsible budgeting practices and prioritize economic stability over extravagant expenditures. The former minister argued that without significant changes in fiscal discipline, the country would continue to face severe economic difficulties.

Furthermore, he urged citizens to hold their leaders accountable for their financial decisions. By fostering transparency and demanding better governance, Ghanaians can work towards reversing the negative trends affecting their economy. Ofosu’s remarks highlight the urgent need for effective leadership and sound economic management in addressing Ghana's pressing financial issues.