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Home Features

Franklin Cudjoe Writes

9 months ago
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Franklin Cudjoe Writes

“President Kufuor has every right to choose anyone he wants to lead his party. He has a right to choose whoever he wants to lead Ghana at this crucial moment.

Many of us also deserve to question the rationale behind his choices, especially if they are related to the pile of economic carnage and political chicanery that have landed us into our current atrophy and international ridicule

Where was President Kufuor’s voice when defenceless and frail old men and women had to queue under the scorching sun to beg Nana&Bawumia’s government to hands off their savings and miserable pension contributions? And yet they were given dreadful financial haircuts sending almost 900 of these senior citizens prematurely to their graves?

Where was Kufuor when millions of Ghanaians were given ugly financial haircuts solely due to reckless financial and economic management of the Economic Management Team? Did he sympathise with us? Where has he been when we had to deal with 54% inflation rate, still dealing with 40 plus pernicious taxes?

Has he said a word to ordinary businesses and individuals who are toiling to make ends meet ?

Where was he when nearly 1 million Ghanaians were discarded like unwanted flies into deeper poverty by the recklessness of his beloved economic team head and managerially impotent solid team?

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Where was Kufuor when his own party of so-called property owning democrats Machiavellianly disenfranchised thousands of Ghanaians in SALL? Any comforting words.?

Where was Kufuor when many young men and women were thrown in jail for daring to question why the government has aided the poisoning of our rivers due to uncontrolled illegal mining?

My dear President Kufuor, can you help with the below?

How will you describe the two scenarios below?

2016. $1=4 cedis

1 bag of cement = 24 cedis

Ghana at IMF, but the government did no ‘pickpocketing’ of savings of Ghanaians and pensioners through the tortuous debt exchange programme.

Debt as of 2016= 120bn cedis

2024 Bawumia and Nana Addo

$1= 17 cedis (Oct)

1 bag of cement-105 cedis.

Ghana at IMF got there in stiches, plus over 40 painfully higher taxes, wicked financial haircuts -government literally pickpocketed savings of Ghanaians and pensionthe debt exchange programme. (Atutuobutom paaa ). Debt as of 2024 – a staggering 763bn cedis.

According to the World Bank, poverty rates are projected to rise until 2026, peaking at 31.5% in 2025 before slightly declining to 30.6%, with rates at the LMIC line potentially reaching 55.1% by 2026 due to limited growth in services and agriculture and rising prices outpacing income growth for the poorest.- Why?

Perhaps President Kufuor needs to be reminded that his successor president, Nana Addo and his “solid” economic management team headed by Bawumia junketed our economy, drove us into a mighty debt iceberg, literally pickpocketed savings of innocent and defenceless senior citizens against their will, gave the rest of us ugly financial haircuts and finally supervised the worst ecological homicide through illegal mining.

May be President Kufuor should encourage all to choose wisely and peacefully.”

Tags: Franklin CudjoeFranklin Cudjoe Writes

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