Kwaku Kwarteng attributes current economic crisis to years of reckless expenditure

Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments.

In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the economic situation in the country.

“I am not with the school of thought that we were not going to experience a financial crisis but for these [Covid-19 and Russia-Ukraine War].

“The country was always going to have some financial crisis. It might have been delayed a little bit if COVID-19 and the Russia-Ukraine war had not happened but the fact remains that with the path we were walking, we were definitely going to get here,” he said.

More to come…

The post Kwaku Kwarteng attributes current economic crisis to years of reckless expenditure first appeared on 3News.

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