The 'prophets of doom' will be put to shame - Kweku Baako to Minority

The Minority in Parliament has predicted economic doom for the country under the leadership of President Nana Akufo-Addo.

They claimed poor management of the economy and the increasing debt portfolio will plunge the nation into severe recession, as experienced in 1983.

According to them, the government's economic policy for 2018 will potentially revert Ghana to the status of Heavily Indebted Poor Countries (HIPC) by the year 2019.

The Minority made this know during a roundtable breakfast discussion of the 2018 budget and economic policy in Accra on Monday, November 13, as the Ranking member on the Finance Committee and Minority Spokesperson on Finance, Cassiel Ato Forson indicated the country's public debt had hiked up from GHC 122.6 billion in January this year to GHC 138.6 billion as of June 2017.

But seasoned journalist Kweku Baako has opposed the position of the Minority on the economy under the Akufo-Addo administration.

Speaking to sit-in host of 'kokrokoo' Nana Yaw Kesseh, Kweku Baako was optimistic the government won't send the country back to the status of HIPC as trumpeted by the Minority.

According to him, though the government has not executed all policies and made every intervention to salvage the economy, it however has taken major decisions that have positive effects on the economy.

Mr. Baako describing the Minority as "Prophets of doom" therefore believed their bad omen will not see the light of day.