{"id":1264031,"date":"2022-12-11T16:10:54","date_gmt":"2022-12-11T16:10:54","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/12\/11\/ofori-atta-has-successfully-plunged-ghana-into-a-stone-age-economy\/"},"modified":"2022-12-11T16:10:54","modified_gmt":"2022-12-11T16:10:54","slug":"ofori-atta-has-successfully-plunged-ghana-into-a-stone-age-economy","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/12\/11\/ofori-atta-has-successfully-plunged-ghana-into-a-stone-age-economy\/","title":{"rendered":"Ofori-Atta has successfully plunged\u00a0Ghana into a stone age economy"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The Member of Parliament for the Cape Coast South constituency, George Kweku Ricketts-Hagan has accused the government of plunging Ghana\u2019s economy into a stone age economy.<\/p>\n<p>The former Deputy Finance Minister accused the current Minister of Finance, Ken Ofori-Atta of doing little with the government\u2019s flagship One District One Factory policy to industrialize the Nation\u2019s economy from its current heavy reliance on the importation of goods and services.<\/p>\n<p>Speaking on <strong>The Big Issue <\/strong>on <strong>Citi TV\/FM<\/strong>, Mr. Ricketts-Hagan said all the measures taken so far by the Finance Ministry and the government to cushion Ghanaians have actually exacerbated the harsh conditions in the country.<\/p>\n<p>\u201cIn the Guggisberg economy where we are a country that imports more and exports very little, and we need to do value addition which we are not doing, we are now moving from a Guggisberg economy to a stone age economy because some of the solutions they [NPP] are now coming up with are barter trade and stuff like that.<\/p>\n<p>\u201cDr. Bawumia started this barter trade with the Sinohydro deal with the Chinese which we were going to use our bauxite and now gold to buy oil.\u201d<\/p>\n<p>He went on to accuse the Government of being confused and not having a clue about the economy they have been given to run.<\/p>\n<p>\u201cThese are supposedly people who know what is going on, and I don\u2019t know what their motivation is, other than they not having a clue of the economy that they are handling at the moment or they really don\u2019t know where to go from here.\u201d<\/p>\n<p>Government is currently seeking to exchange gold for fuel following the consistent hike in fuel prices on the international market.<\/p>\n<p>This decision has been criticised by energy analysts and watchers of the space.<\/p>\n<p>\u00a0<\/p>\n<p><div class=\"youtube-embed\" data-video_id=\"X89vJiLJbA8\"><iframe loading=\"lazy\" title=\"Ofori-Atta a fine private businessman but failed as Finance Minister \u2013 Ricketts-Hagan\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/X89vJiLJbA8?feature=oembed&#038;enablejsapi=1\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Member of Parliament for the Cape Coast South constituency, George Kweku Ricketts-Hagan has accused the government of plunging Ghana\u2019s economy into a stone age economy. The former Deputy Finance Minister accused the current Minister of Finance, Ken Ofori-Atta of doing little with the government\u2019s flagship One District One Factory policy to industrialize the Nation\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1244746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1264031","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1264031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1264031"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1264031\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1264031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1264031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1264031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}