Economist, Adu Sarkodie has urged government to put in place measures that will translate the good economic figures in the lives of ordinary Ghanaians.
According to him, government has achieved some feat in reducing some major economic indicators such as fiscal deficit, policy rate and inflation but the achievement must reflect in the wellbeing of Ghanaians.
He argued that, even though the economic indicators show some level of stability, it will only be relevant if it connects directly to ordinary people.
“The Economy as it stands the indicators look good, the macroeconomic stability has been achieved, but it must be translated into the betterment of the lives of Ghanaians” he stressed.
Adu Sarkodie was reacting to the State of Nation Address delivered by President Akufo-Addo in parliament on Thursday.
President Akufo-Addo stated that government has reduced some taxes while, inflation and interests rates have seen a decrease.
He added that the economy has seen some growth from 3.6 per cent in December 2016 to 7.9 per cent in 2017.
But Adu Sarkodie pointed out that even though the indicators are encouraging, they cannot be a measure of the wellbeing of ordinary Ghanaians.
He maintained that government can make the figures important if it fully implement its social policies such as the one district one factory project, as well as the planting for food and jobs programme.
He argued that such social intervention policies will create jobs and positively impact on the livelihood of the ordinary citizen.
–
By: Jessica Ayorkor Aryee/citibusinessnews.com/Ghana.