March 4, 2014

Member of Parliament for Ayawaso West Wuogon Hon. Emmanuel Kyeremanteng Agyarko has said the current economic hardship faced by Ghana is self-inflicted.

According to him, none other than the government is to blame for the bad measures and business deals it entered into with some private businessmen which has plunged the country into the economic dire straits.

Contributing to a discussion on Peace FM’s Kokrokoo show on Monday, Hon. Kyeremanteng Agyarko asserted that the manner in which government paid dubious judgment debts to some private companies such as Isofoton and Waterville are the result of the economic hardship.

“If you go around sharing money this way to such companies and then turn around to tell Ghanaians you are in court to reclaim the money, are we serious as a country” he asked ?

He noted that the huge monies paid to the said companies could have been used in supporting entrepreneurs some of whom President John Mahama mentioned in his state of the nation address to expand their businesses and employ more people which will reduce the high level of unemployment in Ghana.