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120 Days: Economy has stagnated under Mahama

Member of Parliament for Manso Nkwanta, Tweneboah Fokuo, has criticised President John Dramani Mahama’s performance during his first 120 days in office, arguing that his leadership has yet to positively impact the lives of ordinary Ghanaians.

Speaking on The Big Issue on Channel One TV with Selorm Adonoo on Saturday, May 10, the MP said despite a list of fulfilled campaign promises, including the cancellation of the E-Levy, betting tax removal, and the launch of the National Economic Dialogue, the reality of Ghanaians remains unchanged or worsened.

“Today, you ask yourself, the ordinary Ghanaian, if he went out today to spend, if he/she looks at his/her bills, is he/she better off in the 120 days since Mahama came to power? I can tell you the answer will be a big no,” he said.

He pointed to rising utility tariffs and persistent power outages as evidence of the government’s failure to improve basic living conditions.

He noted that electricity tariffs have increased by 14.75% and water tariffs by 4.02%, adding further pressure on already strained household budgets.

“We know the cost of utilities now. Electricity has gone up 14.75%. Water has gone up 4.02%. So, they’re paying more, and this is biting. So, if you ask me about the situation or the position of the ordinary Ghanaian, 120 days since Mahama came to power, I will say, ask the ordinary Ghanaian.

“Today, are their lives better or not? Their lives are not better. We’re seeing an economy that is not growing as we even expected,” he asserted.

Mr. Fokuo also questioned the country’s economic trajectory, highlighting a downward revision of growth expectations.

“The NPP left an economy that was growing at 5.7%. Their 2025 Budget, which was advised by the National Economic Dialogue, was to grow at 4.4%, and the World Bank has said that this cannot be achieved. Their forecast they are looking at 3.9%,” the MP said.

President Mahama marked his 120th day in office on May 7 with a national address highlighting key policy actions and achievements.

However, opposition figures like Mr. Fokuo believe the economic and social impact of those policies is yet to be felt by the general public.

 

 

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