adverts
Former President Nana Addo Dankwa Akufo-Addo has candidly admitted that economic difficulties and frequent public protests significantly affected his government’s approval ratings during his tenure.
Speaking at the launch of a book authored by former Nigerian military president, General Ibrahim Babangida, Akufo-Addo reflected on the economic turbulence that marked his presidency, particularly in the aftermath of the COVID-19 pandemic, which deeply strained Ghana’s financial stability.
He acknowledged that the global health crisis disrupted economies worldwide, including Ghana, leading to a sharp decline in economic activity. With international capital markets largely inaccessible, his administration faced limited financial options and ultimately sought assistance from the International Monetary Fund (IMF) to stabilize the economy.
adverts
Akufo-Addo admitted that the economic hardships triggered widespread public dissatisfaction, fuelling multiple protests across the country. While he noted that these demonstrations were not as intense as the Structural Adjustment Programme (SAP) riots in the 1980s, he conceded that they were significant enough to diminish public confidence in his leadership.
“We faced a major economic crisis, and with the world’s capital markets closed to us, we had no choice but to turn to the IMF. Not an easy decision to make. The economic difficulties brought people onto the streets,” he remarked.
He further stated, “I will say that even though the demonstrations were not on the scale of the SAP riots that are recalled and described in the book, they were serious enough, feeding into the growing disaffection against the government.”
Akufo-Addo’s remarks highlight the challenges faced by his administration in navigating economic recovery while managing public discontent. As Ghana looks to the future, the impact of these economic policies and public sentiment will likely shape political discourse in the years to come.
Click the link Puretvonline.com | WhatsApp Channel to join the WhatsApp channel
GOT A STORY?
Contact/WhatsApp: +233243201960 or Email: manuelnkansah33@gmail.com
