Prime News Ghana

Ghana’s "economy is vulnerable” – Goosie Tandoh

By Kweku Antwi Jnr

A flagbearer aspirant of the opposition National Democratic Congress (NDC), Augustus "Goosie" Obuadum Tanoh, says current Ghana’s "economy is very vulnerable”.

He said for the economy to survive, government must direct its policies towards ensuring that Ghana produce and consume its goods.

Mr. Tandoh made the observations in an interview with Asempa FM’s Ekosii Sen on Monday which was monitored by PrimeNewsGhana.

“It is not the oil that will make the economy resilient. It is the goods and services that we produce and all our designs and policies must be towards producing and consuming things locally”, he explained.

He said “we have de-industrialized and that everything must come from abroad and that is what is bringing the weakness in the cedi against the dollar”.

“We need the dollar to survive. We demand dollars than we do to the cedi, but our economy is not responding to producing things that we need locally”.

Goosie Tandoh said “we import rice, tomatoes paste. Unfortunately, everything is imported so it affects every government”.

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