Person in Parliament for Ajumako Enyan Essiam Constituency and Previous Deputy Minister of Financing under the John Dramani Mahama led administration Cassiel Ato Forson has predicted that will 2022 will be a year associated with economic doom for Ghana.
He premises his bottom line on the fact that the government is going to be borrowing extremely on the household market to undertake its tasks and run the country because the Eurobond has been closed in order to Ghana for at least the very first half of the year.
Ato Forson also argues that within 2022 there will be multiplicity associated with taxes and levies to become introduced by government on to the citizens and that will problem the people of Ghana plus make life very intolerable.
He makes that point the country’s currency keeps dropping its value under the present administration even though they guaranteed to be better managers from the currency and the economy.
Look at His Full Post Upon Facebook Here
2022 is really a year of Economic Agony and inflation!
Folks, we have to brace-up for more hardship this season.
Here is why:
1) Prices of products to be increased by a minimum of 30%
2) The Ghanaian cedi now trading from almost 6. 5cedis to at least one US Dollar is likely to strike 7 cedis before Finish of the year.
3) gasoline prices set to go up simply by 18 pesewas this week will probably go up again on account of the weak cedi
4) multiplicity of taxes and Rates to take effect by Finish of January 2022.
5) Interest Rates likely to go up once again
6. ) Government is going to be borrowing heavily from the household market since the Euro connection market is closed in order to Ghana for, at least, the very first half of 2022.
Asem oo
Source: MyNewsGh. com/ 2022
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