I Don’t Want To Paper Over Our Economic Challenges But We’re Working On It – Bawumia

Vice President of Ghana, Dr. Mahamudu Bawumia, has chosen not to directly address the nation’s economic challenges during his tour of the Eastern Region.

While he acknowledged the economic difficulties facing the country, Dr. Bawumia refrained from discussing them in detail, stating only that they are being addressed.

The Vice President’s reluctance to speak about economic issues rather than shifting focus to digitization has raised concerns among many Ghanaians over the years particularly given his much-touted economic prowess when the NPP was in opposition.

Ghana, a producer of cocoa, gold, and oil, has been restructuring its debts in an effort to recover from its worst economic crisis in a generation.

This recovery process is supported by a $3 billion International Monetary Fund (IMF) program.

In March 2024, the inflation rate was at 25.8%, a notable improvement from the record 54% in December 2022.

Despite these efforts, the high cost of living continues to exacerbate the economic conditions for Ghanaians.

However, addressing the clergy and Imams in the Eastern Region Dr. Mahamudu Bawumia said “I know that there are challenges and I don’t want to paper over our economic challenges. We are going to work on them”.

Nonetheless, Dr Mahamudu Bawumia touched on plans to transition Ghana’s transport sector from fuel-based to electric and solar-based vehicles to make it affordable.

He also stated that he would introduce technology into agriculture to increase food security and make food affordable.

He added, “Currently, we have issues with power challenges but I can say based on information I have received from the Energy Minister, it will very soon and I mean very soon be a thing of the past.”

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