We’re not on the road yet – Pianim reacts to Ofori-Atta’s claim of turning the corner

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A renowned economist, Mr Kwame Pianim has disagreed with Finance Minister Ken Ofori-Atta that the corner has turned relative to the economic challenges.

Mr Pianim said the country is not even on the road yet to turn the corner.

“Where we are now is difficult, we have never been there before, we need to sit up now and, we are not on the road yet we haven’t turned the corner,” he said while speaking during the 3Business Ghana’s Economic Forum Agenda held on Wednesday, August 9.

It is recalled that Mr Ofori-Atta told Parliament that the government had turned the corner relative to the economic challenges.

He said during the presentation of the 2023 mid-year budget review on Monday, July 31 that with a lot of effort, the government managed to avoid empty shop shelves for medicines and other essentials the country has seen no shortages of food;

“We have been spared the frustrating spectre of long queues for fuel at our filling stations; and, we have managed, in spite of all the challenges, to keep the lights on,” he said.

“Indeed, as the Psalmist said (in Psalm 118:23) this is the LORD’s doing; and it is marvellous in our eyes.

“This ‘turning the corner’ is underpinned by the investments and sacrifices we have collectively made during this difficult period since March 2020,” he added.