More “there are more money in your pockets now than there have been for a very long time”- Pres. Akuffo Addo to Ghanaians

President Akuffo Addo yesterday addressed journalists at his annual media encounter that, upon a proper recollection, Ghanaians would recognize that his government has done far better in putting money in their pockets than his successor.

“I think if most people stood back and saw their pockets, they will see that there are far more money in their pockets now than there have been for a very long time,”

“Inflation is the biggest enemy of poor people, the inflation rate in Ghana is going down all the time,” he pointed out, noting that key indexes like fuel and electricity prices have gone down significantly.

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“Food prices in the budget of the average household have gone down significantly; people are no longer paying secondary school fees for their children; all of these things are the things that are also taking place in this cry of there is no money in people’s pocket.” He added

 

HE maintained the fact and figures he puts out about the performance of the economy are “not glossy pictures” and “not sugarcoated” but “facts”.

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He mentioned that what developed countries like Japan, Korea did to get to their current state is not different from what his government is doing, that is getting essentials of the economy right to attract investors.

“We shouldn’t sneer at these essentials of the economy,” he admonished.

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