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Extreme poverty in parts of Ghana due to high inflation, price volatility – Mahama

John Mahama

Former President John Dramani Mahama has indicated that poverty has worsened in parts of the country, especially in Savanna, Northern and Upper West Regions.

He attributed this situation to high inflation and price volatility.

The rate of inflation for December 2022 was 54.1 per cent, the Ghana Statistical Service (GSS) announced on Wednesday, January 11, up from the 40.4 per cent recorded in November same year.

Housing, Water, Electricity, Gas and Other Fuels (82.34%); Furnishings, Household Equipment (71.52%); Transport (71.42%); Personal Care, Social Protection and Miscellaneous Goods and Services (60.94%) and Food and Non-Alcoholic Beverages (59.71%).

Mr Mahama blamed the Akufo-Addo for the difficulties in the economy and further said the National Democratic Congress (NDC) was a better manager of the economy than the New Patriotic Party (NPP).

“Back from a trip to the Savanna, Northern and Upper West Regions – and poverty has worsened due to extreme inflation and price volatility.

“The economy is in a near state of collapse; clearly, the NDC has been a better manager of the economy!” the 2020 presidential candidate of the National Democratic Congress (NDC) tweeted on Thursday, January 19.

By Laud Nartey|3news.com|Ghana

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