An Associate Professor of the University of Ghana Business School, Prof. Lord Mensah is a renowned scholar who has been active in analyzing government policies and the current state of the economy.
Afia Pokua Popularly known as vim lady, disclosed on her Facebook page this evening that the professor has described the downgrade of Ghana to CCC+ to indicates clearly that the Economic Management Team has failed woefully.
Ghanaians had many expectations from these competent individuals who constituted the management team.
The economic downturns are a result of several factors which include high inflation, high depreciation of the cedi, and over borrowing among others. Currently, importers are unhappy with the rate of the dollar which is rising by the day.
Ghanaians must get to work, which means the production of consumables locally. We import almost everything secondhand clothes, tires, parts, even poultry and meat parts. Our source of inspiration is poor. Till we changed that, the situation wouldn’t change.
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