The Methodist Bishop of Obuasi Diocese, Rt. Rev. Stephen Bosomtwe Ayensu has described the John Mahama administration as insensitive and dull in its approach to resolving the current economic of hardship the country is experiencing.
According to him, the government has failed to address concerns by the masses as it continues to impoverish the citizens by taking harsh economic decisions.
The economy is still reeling under challenges compelling various indicators to stagnate and cost of living to all time high, experts have suggested.
The various international credit ratings have also reportedly downgraded the credit reputability of Ghana. The recently released Association of Ghana Industries’ (AGI) Business Barometer Report for fourth quarter of 2013 revealed, confidence in Ghana’s economy has hit its lowest over the last couple of years.
The decline, according to the report, is based on concerns by Ghanaian businesses that the business environment is not conducive, with no signs of improving any time soon. Also, access to credit came up as the major hurdle facing businesses, while high utility tariffs and cost of credit stood out as the second and third challenges respectively.
Speaking Thursday on Adom Fm’s Morning Show, “Dwaso Ns?m”, Rev Bosomtwe Ayensu bemoaned the lukewarm attitude of the government in handling the state of the economy.
He noted that Ghanaians have been saddled with high cost of living as a result of the poor management of the economy and certain decisions taken by the government.
-Emmanuel Ohemeng