July 24, 2024
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“If you take a flute to blow your achievement, someone will use a whistle to blow your losses” ~ A.B.A Fuseini tells Akufo-Addo

The Member of Parliament (MP) for Sagnarigu Constituency, Alhassan Bashir Fuseini has told the governing New Patriotic Party (NPP) that with the current hardship bedeviling the country if they like, “they take a flute to blow your achievements, someone will use a whistle to blow their deficit”.

Mr A.B.A Fuseini made the statement Saturday, August 20, 2022, at the Bolgatanga Technical University (BTU) while addressing newly inducted TEIN student members of the opposition National Democratic Congress (NDC).

Addressing freshers of Bolgatanga Technical University (BTU) TEIN members, the Sagnarigu legislator said: “I can say without any iota of hesitation that NPP today is like a house that is collapsed and you don’t ask whether the roof is still standing. Like you said earlier, if one dies in the market, there is no need of announcing his or her funeral. The country today is waiting for the NDC to come back and rescue this country under His Excellency John Dramani Mahama.

Today as we speak, Ghana has acquired an enviable status as the riskiest country to lend money to. Recently, if you look at the rating agencies, Ghana has been downgraded to CCC+ negative outlook, indeed what the international community is telling us is that our economy is junk and you know what junk means.

He further pointed “As we speak today, there is a huge revenue shortfall from government, from the 2020 budget when they estimated about 14.6 billion and if you cannot match your revenue to expenditure, you are going to develop a deficit and this NPP government has run a deficit under the ages of 4th Republic and still getting worse”. He stressed

Meanwhile, talking about the country’s inflation, the MP described it as the highest in many decades one can think of.

If you look at our inflation today, which measures the changes in the price of goods and services, is the highest in many decades you can think about. Officially, we are supposed to be doing about 32 inflation but unofficially from the people that go to the market every day, we are totaling around the 40s and 50s.

If you look at the exchange rate, just two days ago, the dollar crossed the Ghc 10.00 mark. You see, my brothers and sisters, if you take a flute to blow your achievement, someone will use a whistle to blow your deficit, he concluded.

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