In a bold assertion, former government official Felix Ofosu Kwakye has accused the current administration of misleading the public about the root cause of the nation’s economic challenges. According to Kwakye, the primary concern is not the 50.1 billion payment for excess energy and COVID expenditure, as stated by the government, but rather an alarming borrowing spree, reaching up to 600 billion Cedis.
This revelation sparks a new wave of debate over the fiscal policies and financial decisions of the government, raising questions about the sustainability of the borrowing strategy and its impact on the economic well-being of the nation. As the public awaits a response from the government, the economic discourse takes a fresh turn with these serious allegations from Kwakye.
story filed by: Nana Kwaku Duah
