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Akufo-Addo is a masterclass in economic incompetence – Steve Hanke

Professor Steve Hanke and Akufo-Addo

Sun, 24 Sep 2023 Source:

Professor Steve Hanke, an economist and professor of Applied Economics at Johns Hopkins University in the United States, has critiqued Ghana's economic management under President Nana Addo Dankwa Akufo-Addo.

He described the president as a "masterclass in economic incompetence" in a series of tweets, expressing his support for the recent #OccupyJulorbiHouse demonstration organized by the group Democracy Hub and concerned citizens.

In one of his tweets, Hanke stated, "Ghanaians took to the streets against Pres. Akufo-Addo's CORRUPT & INCOMPETENT gov't, as the money supply explodes and Ghana remains in an inflationary doom loop."

In another tweet, he reinforced his position, saying, "The #OccupyJulorbiHouse protests in Ghana are rolling right along. Ghanaians have completely blocked off the 37 Roundabout, also known as the Akuafo Intersection, in Accra. PRESIDENT AKUFO-ADDO = A MASTERCLASS IN ECONOMIC INCOMPETENCE."

On the last day of the three-day #OccupyJulorbiHouse protests, protesters attempted to force their way through a police barricade deep into the night and march to the presidency.

This is despite the illegal arrests and police highhandedness that marred Day 1 when police arrested 49 protesters, who were detained for hours on allegations of unlawful assembly.

All of them were later released on bail.

Day 2 and 3 passed without any major incident as police barricaded the main road leading to the presidency, Jubilee House, even before the protesters began their march towards the place.

Whiles Day 2 saw the blocking of one part of the 37-Accra road, the final day saw the blocking of both sides which meant vehicular traffic was greatly constrained for the better part of the day.



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