Frank Annoh-Dompreh, a Member of Parliament for Nsawam Adoagyiri, has responded to Vice President Mahamudu Bawumia’s opponents who claim he is failing in his economic management.
Despite accusations that the Vice President’s political prospects are waning, Mr Annoh-Dompreh says that he is gaining headway.
In response to Dr. Bawumia’s detractors, he tweeted, “He is rather gaining ground, despite.”
Dr. Bernard Okoe-Boye, a former Member of Parliament for Ledzokuku, has also stated that calls to Dr. Bawumia to talk on the economic difficulties plainly demonstrate that Ghanaians trust him and want to hear from him.
Dr. Okoe-Boye noted on Saturday’s Key Points on TV3 that the Vice President’s public economic talk, made on Thursday, April 7, was good.
“I am glad that there is so much faith in Dr Mahamudu Bawumia in this country that when there are economic difficulties, the typical citizen says he wants to hear from him.” That shows a high level of trust in him.
“Hours before he spoke, the entire Ghana was on social media, and everyone wanted to listen to him,” she said. For a leader and a politician, that is a really good indicator.”
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In his speech, Dr. Bawumia noted that the ongoing geopolitical tension between Russia and Ukraine has a direct impact on Ghana.
Russia supplies 30% of Ghana’s imported cereals, 50% of flour, and 39% of fertilizer, according to him.
As a result, the local economy was impacted, he explained.
“The war between Russia and Ukraine has added to the rise in commodities prices.” Together, Russia and Ukraine export 30% of all wheat in the world. The bigger the interruptions to the global food supply, the longer the conflict lasts. Global growth will most likely be slowed as a result of the country’s actions.
“Wheat prices have risen by 62% since the war began, according to the African Development Bank.” Since the beginning of the war, the price of fertilizer has risen by 300 percent, while the price of corn has risen by 36%. Ukraine buys 60% of Ghana’s total iron ore and steel.
“Russia imports 30% of Ghana’s grains, 50% of its flour, and 39% of its fertilizer.” As a result, the Russia-Ukraine conflict directly affects us. We don’t know when it’ll end, unfortunately. Fuel price hikes around the world are putting a strain on people’s budgets.”
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