“Brace yourselves for 2022 a year of economic misery” – Ato Forson tells Ghanaians
Dr. Cassiel Ato Forson, the ranking member on the parliamentary finance committee and the NDC MP for the Ajumako-Enyan-Esiam constituency says Ghanaians would have to brace themselves up for more economic difficulties in the year 2022.
Ato Forson shared a six-bullet point post on his Facebook wall listing all the indicators he feels are going to put Ghanaians through hardship this year.
In his post, he predicted that there would be “at least 30% increase in general goods while the Ghanaian cedi will hit GHS 7 to a US Dollar by the end of 2022″ claiming that the cedi is currently trading at almost GH¢6.5 to $1.
Fuel prices, he said, are “set to go up by 18 pesewas this week and more likely to go up again on account of a weak cedi”.
He noted that there will be a “multiplicity of taxes and levies to take effect by the end of January 2022”.
He further added that “interest rates are likely to go up again” while the government will be “borrowing heavily from the domestic market” since the Euro bond market is closed to Ghana for, at least, the first half of 2022.
Ghana Bids Farewell to 70 Refugees Headed to the USA for Resettlement
NSMQ Champion Anthony Papa Eliason Graduates with First Class Honours from KNUST
“I will never forget what they’ve done to me” – Dormaahene reacts to the injunction preventing him from attending Brekumhene’s funeral
How Koku Anyidoho delivered a message from Atta Mills’ ghost to Goaso-Manhene
We’ve proven to them that we now control one-third of the NPP – Ken Agyapong to NPP
You need s3x to make you reason – Bulldog attacks Prof. Elsie Effah Kaufmann
Top 10 countries that US borrows money from
Crispy and Iconic: Unwrapping the History of KFC – Kentucky Fried Chicken
Government Inks Two Power Purchasing Agreements to Boost National Capacity
Over 1000 PPP members join NDC – Asiedu Nketiah assures them of winning 2024 elections
Education4 years ago
List of Chinese Universities not taking application fees from all applicants
News4 years ago
“You’ll die before me” – Archbishop Duncan Williams fights Jesus Ahuofɛ
News6 years ago
Shop Owners Around Akufo-Addo’s Nima Residence Given One Week To Relocate
Business4 years ago
Financial sector clean-up costs taxpayers GH¢16.4 billion — Ofori-Atta
Business5 years ago
Luxury tax yields GH¢21.3m in 5 months
Celeb Gossip4 years ago
VIDEO: Nana Ama McBrown’s fans are worried after seeing her ‘nɛnsoɛbɛn’ face without make-up
News4 years ago
I Didn’t Have Sex With My Wife For 37 Years ― Iranian Opposition Fighter
News5 years ago
Oil companies deny ¢40.5m payments that ended up in Chief of Staff account