Contrary to claims by the government that Ghana’s economy is still growing stronger, despite the drastic depreciation of the cedi and high cost of living, Ghanaians have stated that all is not well in the country.

Well-meaning citizens, politicians, and economic experts have criticized the Akuffo-Addo-led administration for failing to fix the dwindling currency and prevent it from affecting various sectors of the economy.

However, Vice President Mahamudu Bawumia, a few days ago, stated Ghana’s economy is in “good hands”.

He condemned the opposition who were complaining about the economy because according to him, his government inherited a “tattered economy” they (the NPP) are in the process of repairing.

Advising Ghanaians to ignore pessimists Dr. Bawumia said in a Citinewsroom report that, “Be reassured that this economy is in good hands. We are not where we want to be, but we believe that we are on course. But as all good sailors know, rough and turbulent seas are no indication that you are not steering well.”

Expressing their frustrations in an interaction with Ghanaweb, some Ghanaians who were not convinced by Bawumia’s statement, said that the economy is nothing to write home about adding that it has caused a lot of frustrations and has affected many businesses.



A gentleman said that his business continues to suffer loss as a result of the economic hardship to the extent that he has had to terminate contracts with a good number of his employees as he lacked the funds to pay them.

Another businesswoman expressing her worry said, “It’s difficult to get easy access to money. Although we are aware that government is working towards a better Ghana, we are pleading to government to make things easier for us.”

However, a man in his early fifties said he does not believe the government should be blamed for everything. He opined that Ghanaians should work hard and not rely on the promises of government.

“No one can solve the problem for us. We have to solve them on our own. We are the solution to the problem.

He suggested the citizens can contribute to the stability of the economy by steadily paying taxes and not necessarily relying on government for employment opportunities.