The National Democratic Congress (NDC), has said that the Governor of the Bank of Ghana (BoG), Dr Ernest Addison’s poor management and reckless decisions in the financial sector is partly to blame for the country’s economic challenges.
At a press conference at the party headquarters in Accra, the Minority Leader in Parliament, Dr. Cassiel Ato Forson made several references to the Bank of Ghana’s Annual Report which revealed how huge sums of money have been wasted on what he said were frivolous administrative expenditure.
According to him, the recklessness and incompetence of the Governor who allegedly conspired with Vice President Dr. Mahamudu Bawumia and Finance Minister, Ken Ofori-Atta has cost the country a huge financial burden.
“The Governor has messed us up big time, he has imposed an illegal inflation tax on the people, inflation is a tax and its an illegal tax because it does not have legislation.”
“That is why today when you go to the market, things that you used to buy at one cedi, the next day you go in and you’re buying it at five cedis. Clearly, this takes away your disposable income.”
“This is how the Governor of the Central Bank, Dr. Ernest Addison, who is now known as the ‘Printer of Money’, conspired with members of the economic mismanagement team led by the failed Alhaji Mahamudu Bawumia and the inept Finance Minister Ken Ofori-Atta aka ‘One Problem, One Bond’, to destroy Ghana’s Central Bank