The MP for Nyhiaeso, Stephen Amoah, is raising fresh concerns about Ghana’s struggling economy, pointing fingers at the National Democratic Congress for failing to offer real solutions.
Dr. Amoah criticizes the country’s multiple exchange rate systems, where official, bank, and black market rates differ sharply. He says this fragmented structure is fueling economic confusion and weakening investor confidence.
He points out that Ghana still depends heavily on imports, yet faces a shortage of foreign exchange — a problem he believes the NDC has not tackled with any meaningful strategy.
Mr. Amoah praised the previous government’s economic decisions, arguing they, the NPP, implemented tough but necessary policies that helped stabilize the economy.
He has, however, called for smarter economic planning, stressing the need for strong, transparent leadership and consistent policies to restore confidence in the system. According to him, Ghana must move away from political propaganda and embrace real reforms to fix the economy.
Dr. Stephen Amoah has urged policymakers in the NDC to rethink their approach and prioritize long-term economic health over quick political wins.