Under President John Mahama, Ghana faces rising fuel prices, worsening power supply crises, escalating galamsey activities, and job losses. Criticisms from Mr. Aboagye highlight these issues ahead of the 2025 budget presentation. Meanwhile, GUTA’s Dr. Obeng insists there should be no new taxes, advocating for a fair expansion of the tax net. The government has approved the 2025 fiscal policy to promote economic stability.
In a recent critique, Mr. Dennis Miracles Aboagye, a former Presidential Staffer under the Akufo-Addo administration, outlined the challenges facing Ghana under President John Mahama’s leadership within just three months. He emphasized rising fuel prices, worsening power supply issues (dumsor), and increased illegal small-scale mining activities (galamsey).
Mr. Aboagye’s analysis highlights multiple socio-economic concerns such as job layoffs and escalating costs for goods and services. He criticized the current government’s handling of these issues, stating that thousands of individuals have lost their jobs unjustly while students face disappointments despite their financial contributions to education.
Moreover, he pointed to a perceived hypocrisy among certain civil society organizations, suggesting that they have opted for political affinity over the advocacy of nationalism. He expressed a strong need for accountability from the government to ensure a brighter future for the country.
In conjunction with Aboagye’s remarks, Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), conveyed that traders expect no new taxes in the upcoming 2025 budget. He welcomed initiatives aimed at expanding the tax net to include those currently evading taxes, emphasizing the need for fairness without overburdening those already contributing.
The Ghanaian government has approved the 2025 fiscal policy document, signaling its commitment to economic stability and growth. This approval, reached during a special Cabinet meeting, is aimed at reinforcing public trust and outlining strategic financial policies inherited by the NDC government while also addressing immediate concerns of the citizenry.
The current challenges faced by Ghana under President John Mahama’s administration include rising fuel prices, power supply issues, and the escalation of illegal mining activities. Mr. Aboagye’s concerns reflect the socio-economic struggles of Ghanaians, while Dr. Obeng’s input suggests a cautious optimism regarding fiscal policies, emphasizing the need for equitable tax distribution. The government’s commitment to presenting a comprehensive budget aims to address these pressing issues and foster economic stability.
Original Source: 3news.com
