The Member of Parliament(MP) for North Tongu Constituency, Samuel Okudzeto Ablakwa has chastised the Akufo-Addo-led administration over the woes of the Ghanaian economy he claims is collapsing while the exchange rate is deteriorating, which resulted in crude haircuts for investors.
He is particularly disturbed that Ghanaians have had to lose their investments through such haircuts announced by the Ministry of Finance blaming everything on the mismanagement of the country's resources.
Speaking during TV3's Community Manifesto, Sam Okudzeto Ablakwa expressed worry over how the Ghana Cedi has depreciated gradually and how a Dollar is now selling at GHc16 in the market. "For the first time in our country's history, people are being compelled to take crude financial haircuts.
Everybody is feeling the heat after the "so-called economic messiah" Dr Bawumia has destroyed the economy.