- Nana Addo has decided to calm agitating workers with the reality of Ghana’s finances
- The president explained that he had inherited a “broke” Ghana from the erstwhile Mahama-led government
Nana Addo Dankwa Akufo-Addo, the president of Ghana, has told agitated workers that Ghana, as a country, is in a dire financial state.
Nana Addo stated that his government is currently unable to settle arrears of many worker unions because of the cash-strapped nature of Ghana.
Despite being frank with Ghanaians, Nana Addo was quick to lay blame at the former John Mahama-led administration.
“There are some things that should be easy to deal with but will prove difficult for some time to come largely because there is no money. But now arrangements are being put place that will enhance the generation by the state,” the president explained.
The president was speaking with the leadership of the University Teachers Association of Ghana (UTAG) as some labour unions have started striking.
“The economic situation my government and I inherited was not the best; both in terms of the growth of our economy and the balances available in the public treasury. Many of the problems you are putting here are the results of a poor office treasury.”
The president opined that if there was enough money left for him when he took over the helm of affairs, many of the issues the government faced now would be non-existent.
To make sure that there was enough money in Ghana’s coffers, the president has initiated some measures to “plug the leaks” in the economy. One of such initiatives was the removal of some ghost names for the government payroll.
It is expected that this move would save GHc 35 million monthly and a total of over GHc 250 million in 2017.
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