‘Economic indicators are green but social indicators are red’- Gideon Boako questions impact of recovery

The Deputy Ranking Member on Parliament’s Finance Committee, Dr Gideon Boako, has questioned whether Ghana’s reported economic recovery is translating into improved living conditions, insisting that the country’s social realities tell a different story from the government’s macroeconomic achievements.

He called on the government to complement fiscal consolidation with policies that accelerate job creation, boost private sector investment and improve social outcomes, arguing that sustainable economic progress must be reflected in both economic and human development indicators.

He argued that rising youth unemployment, pressure on household incomes, the high cost of living and persistent economic hardship suggest that the benefits of the reported recovery have yet to reach many citizens.