Vice President Dr Mahamudu Bawumia has said that he recognizes that the country is going through some challenges at the moment.
He said this is a reality.
He however indicated that some measures have been introduced by the government to ameliorate the hardship the people are going through.
Speaking at a forum held by TESCON, student wing of the New Patriotic Party (NPP) on Thursday April 7, he said “from the man on the streets to the business mogul, the health of the economy is the foundational instrument.
“The economy is what we feel in our pockets. I acknowledge that we are going through difficult times, this is the reality. Our economy is experiencing rising prices of fuel and virtually all commodities. Prices are on the rise.”
“These have come at a surprise to many Ghanaians and many questions have been asked about the state of the economy. These questions include what has happened to the fundamentals? Why are the prices of goods and services increasing so fast? Why has the Cedi depreciated so fast this year?
“What programmes does the government have to show for the higher debt? Where is the new economy that the government promised to build? I will address these questions based on data and fact.
“I will admit where there have been challenges and we will all leave here with a better state of the economy, where we have come from and where we are going.”