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Growing Income Inequality Still Not Addressed

3news.com | 5/10/2021

A financial analyst and Chief Operations Officer at the Dalex Finance, Mr Joe Jackson, has expressed dissatisfaction regarding the responses of the Finance Minister Mr Ken Ofori Atta on the call to fix the local economy.

Mr Jackson described the list of achievements outlined by the Finance Minister at a press conference on Sunday May 9 as ‘dodgy’ accomplishments that do not “address the growing income inequality or the joblessness.”

In a tweet, he said “The responses from the government are extremely tone deaf. The list of ‘dodgy’ accomplishments does not address the growing income inequality or the joblessness. I am in black.”

Mr Ofori Atta had said at the press conference in reaction to the #Fixthe economy movement  that “I acknowledge that these are challenging times for many of us, and we, like almost all the countries in the world, are living through rough weather. A time that has put a burden on the necessities of lives and livelihoods never like before in recent history. Unfortunately, these external shocks have heightened Ghana’s perennial problems, which we are committed to address.

“In extraordinary times, you should expect exceptional leadership from your Government. I truly believe we cannot ensure exceptional leadership without a collective effort. So, I commend the youth for calling on Government and leaders to be at their best. This shows the patriotism of the Ghanaian youth, echoing the President’s call to Be a Citizen, Not a Spectator. You have elected us to solve the problems that face this country. We will continue to work with you and other stakeholders to do just that.”

He further listed  a numbers of initiatives put out by the government to fix the economy.

He said “First, I am working with the Minister for Water and Sanitation to immediately ensure potable water to areas with felt need, especially in the most urban areas. Second, I am working with the Ministers of Roads and Highways, Transport and Interior to address congestion along the major highways.

“Third, we are fast-tracking the implementation of the US$200million Jobs and Skills Programme to enhance job creation significantly. This intervention is designed to facilitate new and expanded private sector businesses to employ a lot more people. This we believe is a more sustainable way to rebuild this economy instead of expanding Government employment schemes. Fourth, starting this month, we are rolling over 8 additional interventions under the GhanaCARES ‘Obataanpa’ programme. These will be in the Health, Agriculture, Tourism, Trade, Digitization, Science and technology, Housing and financial services.

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