Ghanaian multimillionaire and CEO of Tuger Group, Dr. Samuel Twumasi has bemoaned the state of Ghana’s economy which he says has led to extreme suffering among the Ghanaian populace.
According to him, the poor state of the economy, which he described as the worst in recent memory, is a result of mismanagement by leadership and not the Covid-19 pandemic as some had been misled to believe.
Speaking with Adinkra TV‘s Kwesi Fokuo Kudom, the business mogul said Ghanaians are suffering due to bad leadership we have today.
“The main causes of the hardships are the twin problems of the largest budget deficit (15.2%) in recent history, and a choking debt overhang that threatens the stability of the Ghanaian economy” he stated, adding that “…the hardships arising out of the deficit and debt situation is the direct result of mismanagement of the economy and misplaced populism by bad leadership.”
By: Dailyviewgh.com
