Logo

Brace up for hard times after Dec 7 due to NPP borrowing – Odike to Ghanaians

The founder and leader of United Progressive Party (UPP), Akwasi Addai Odike, has spelt doom for the country’s economic fortunes after the...

Brace up for hard times after Dec 7 due to NPP bor
Brace up for hard times after Dec 7 due to NPP bor

The founder and leader of United Progressive Party (UPP), Akwasi Addai Odike, has spelt doom.

for the country’s economic fortunes after the December 7 election.



He based his projections on what he describes as.

excessive borrowing by the Akufo-Addo-led government.



According to him, the borrowing may gravely affect the.

country’s economy from 2021.



The UPP founder and leader, who is a known.

businessman, told host Aduanaba Kofi Asante Ennin on GhanAkoma on Akoma FM that “Ghana is.

going to be faced with acute austerity measures soon after this December 7 election because.

of excessive borrowing”.



He explained that “the government is closing up on.

loopholes that will expose the rampant borrowing but the centre will not be able to.

hold after the elections”.



He cited how the New Patriotic Party (NPP) government.

in less than 4 years has borrowed over GH¢140 billion with relatively nothing to write.

home about.



Mr.

Odike advised Ghanaians to brace themselves up for the economic crunch the country will be.

plunged into after December 7 and beyond.

Share on Twitter Share on Whatsapp Share on Telegram Share on Facebook Share on Reddit Share on Hacker News Share on Tumblr Share on LinkedIn Email