Published
6 years agoon
By
Frimpong
The former president and flagbearer of the NDC, John Dramani Mahama, says President Akufo-Addo should “cut frivolous expenditure” to generate more revenue.
According to the ex-president, this would be a demonstration of sacrifice amid pressure on the economy following the Covid-19 outbreak.
“The decision to change the outlook to negative reflects the rising risks, ultimately emanating from the coronavirus outbreak, to Ghana’s funding and debt service, with financing beyond immediate official creditor emergency support looking increasingly vulnerable,” Moody’s said.
To get the economy back on track would require sacrifice, Mahama said while speaking during a live broadcast on the Covid-19 pandemic.
He said the president must show leadership in that sacrifice and stop unnecessary spending.
The public service, Mahama said “is over-bloated especially political appointees.”
He added, this is the time for the president to look at the number of his Ministers and make the necessary sacrifice.
“You cannot have appointees running around and drawing free fuel and have 125 Ministers and ask the people to sacrifice”.