The CEO of Dalex Finance Ken Thompson, has pleaded with President Akufo-Addo to handle the nation’s current economic problems immediately.
Ken Thompson urged the president to act forcefully to make things better.
He claims that if the President does nothing, there will be impending impoverishment marked by business closures and job losses.
In an interview with Citi TV, on November 1, Mr. Thompson knelt to implore President Akufo-Addo to take action.
His Excellency Nana Addo Dankwa, what I can see coming is not good. If you are watching, what I can see coming is not good. I can see poverty, I can see job losses, I can see business closures, I can price of electricity going up.
“I lived through the 70s and I saw it when my parents came back from England my mother bought a brand new Peugeot 403 and I can see how eventually she was not able to repair the car and she was involved in a car crash.
“She was actually coming to visit me and that was the end of it. I can remember how our carpets became threadbare and how chairs became broken and how we started wearing secondhand clothes. I have seen it.
“I am 61. I can do much about what is happening now but you can and I am begging you to please take decisive actions because I believe that you are capable,” he said.
“Recent international ratings saw Ghana’s economy downgraded to reflect the country’s inability to fix its liquidity and debt challenges.
“With limited access to the international financial market and challenges with domestic revenue mobilization to rescue the situation, Ghana has now turned to the International Monetary Fund (IMF) for a $3 billion bailout.
However, President Akufo-Addo addressed the nation on Sunday, October 30, about measures his government was taking to curtail the current economic crisis. In his address, the President hinted at possibly securing a deal with the IMF by the end of the year.