A member of the New Patriotic Party (NPP), Awal Mohammed, has questioned the government’s claims about the strength of the economy, arguing that recent global events have exposed its vulnerabilities.
Speaking on the AM Show on JoyNews, he said it is contradictory for an economy described as stable to be significantly affected by developments thousands of kilometres away.
“An economy they say is doing so well has been hit hard by just two weeks of bombing 6,200 kilometres away,” he stated.
Awal Mohammed also alleged that the gold reserves accumulated under former Vice President Mahamudu Bawumia have been depleted by the current administration.
According to him, the country now has about 18 tonnes of gold left, with some of the reserves reportedly converted into dollar holdings, while government continues to highlight about 5.7 months of import cover.
He argued that the current administration is benefiting from reserves built by the previous government, particularly at a time when gold prices are performing strongly on the global market.
“They are enjoying because someone left something behind, and today gold is doing well so they are benefiting from it,” he said.
He further pointed out what he described as inconsistencies in political arguments, recalling that during the Russia–Ukraine war, the current government—then in opposition—downplayed the impact of distant global conflicts on Ghana.
However, he noted that the same government is now attributing economic challenges to more recent tensions in the Middle East, including the Israel–Iran tensions.
According to him, this shift in narrative raises questions about how economic challenges are being explained to the public.
Source: adomonline.com
