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Ghana’s Socioeconomic Challenges Under Mahama Administration: A Critical Analysis

Mr. Dennis Miracles Aboagye has raised concerns about Ghana’s socioeconomic conditions under President Mahama, emphasizing issues such as rising fuel prices, power supply crises, and illegal mining. Dr. Joseph Obeng of GUTA indicated that traders are not expecting new taxes in the 2025 budget, which is designed to stabilize the economy. The government has affirmed its commitment to fulfilling its economic promises during the Cabinet meeting ahead of the budget presentation.

In recent months, Mr. Dennis Miracles Aboagye, a former Presidential Staffer under President Akufo-Addo, has expressed concerns regarding the current state of Ghana under President John Mahama. He highlighted several critical issues affecting the nation, including increasing fuel prices, worsening power supply crises, and a rise in illegal small-scale mining, commonly referred to as ‘galamsey’. Aboagye lamented about mass job dismissals and the soaring prices of goods and services, emphasizing the adverse effects on Ghanaians.

On his Facebook page, Aboagye articulated his worries ahead of the 2025 budget presentation, stating, “Dumsor on the rise, Galamsey is escalated because the real galamseyers are in town as NDC Galamsey kingpins finally step out to fight security services in the open and chase them from their galamsey sites.” He emphasized the alarming pollution of water bodies and the harsh realities facing first-year university students who must pay their own fees contrary to governmental promises.

Additionally, Aboagye criticized certain civil society organizations and individuals he deemed as misleading the public for political gain, declaring that the nation is experiencing a significant and possibly painful reset to darker times. Despite these challenges, he believes there is a moral obligation to hold the government accountable to its social contract with citizens for future development.

In a related discussion, Dr. Joseph Obeng, President of the Ghana Union of Traders Association (GUTA), communicated the traders’ demands to Finance Minister Dr. Cassiel Ato Forson. He indicated that while traders are not expecting new taxes in the upcoming 2025 budget, they support measures that would broaden the tax base to include more individuals in tax contributions.

Furthermore, the Ghanaian government has endorsed the 2025 fiscal policy document, which aims to stabilize the economy and encourage sustainable growth. This decision stems from a recent special Cabinet meeting, reflecting the government’s commitment to social and economic promises. Minister of Government Communications, Felix Kwakye Ofosu, assured that the fiscal policy would encompass the administration’s short-term pledges and present a clear outline of the financial challenges inherited by the NDC government.

In summation, Ghana faces a multitude of challenges under the Mahama administration, including rising fuel costs, power shortages, and escalating illegal mining activities. Concerns from various stakeholders, including former officials and trade organizations, underscore the urgent need for effective fiscal policies and government accountability. With the impending budget presentation, there are anticipations for expanded tax nets without imposing new burdens on existing taxpayers while confronting the broader economic struggles that Ghanaians face.

Original Source: 3news.com

Fatima Al-Mansoori

Fatima Al-Mansoori is an insightful journalist with an extensive background in feature writing and documentary storytelling. She holds a dual Master’s degree in Media Studies and Anthropology. Starting her career in documentary production, she later transitioned to print media where her nuanced approach to writing deeply resonated with readers. Fatima’s work has addressed critical issues affecting communities worldwide, reflecting her dedication to presenting authentic narratives that engage and inform.

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