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Home Politics

Kennedy Agyapong slams govt for poorly managing the economy

July 17, 2023
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Presidential candidate hopeful, Kennedy Agyapong, has slammed the ruling government saying it has poorly managed the economy.

The politician criticised the government for also going to the IMF for a bailout.

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He was speaking to delegates in Kintampo as part of his campaign tour.

The Assin Central Member of Parliament was also not happy about the depreciation of the Cedi and its impact on the economy.

He disclosed that in March 2022, he possessed $40 million in Cedi equivalent, but by August of the same year, the value had plummeted to $16 million due to the devaluation of the currency.

“We will have troubles if we don’t do a clean campaign because I will reply to every claim made against me. You call yourself a strategist but when we were taking over power the Dollar was 4 Cedis, today One Dollar is Twelve Cedis and yet you call yourself a strategist.

“In March 2022 I had 40 million Dollars in Cedi equivalent, in August 2022 the value of the 40 million dollars had dropped to 16 million.”

He touted his achievements as a private businessman saying these businesses have provided jobs for over 7,000 people.

“With my Steel Plant, I am employing thousands of workers in this country by the next few months, I have the biggest Cold Store in the whole of Africa, as for you, the government pays you, pays your house girls, pays your security, you are living in government bungalows.

“But I pay 7158 workers every month in this country. So between the two of us who is the strategist? This is internal politics and so we shouldn’t be dirty but if they attack me I will reply.”

By: Rainbowradioonline.com/Ghana

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