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Lower inflation means little if Ghanaians are yet to feel economic recovery – Gideon Boako

By GhanaSummary Newsroom1 min read
Lower inflation means little if Ghanaians are yet to feel economic recovery – Gideon Boako

Deputy Ranking Member of Parliament’s Finance Committee and Member of Parliament for Tano North, Dr Gideon Boako The Member of Parliament for Tano North and Deputy Ranking Member of Parliament’s Finance Committee, Dr Gideon Boako, has questioned the quality of Ghana’s economic recovery, arguing that improvements in key macroeconomic indicators have yet to translate into better living conditions for many Ghanaians.

He said the disconnect between official economic indicators and the experiences of ordinary Ghanaians raises questions about the quality of the recovery being reported by government.

Dr Boako said although government statistics show declining inflation and improved fiscal performance, households continue to grapple with high food prices, rising fuel and transport costs, unemployment and difficult economic conditions.

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