The dean of graduate students at the University of Professional Studies, Accra (UPSA), Professor Dr.Kwaku Mensah Mawutor has described the president's speech on the economy yesterday as timely, adding that the president has been sincere in admitting that the country is in crisis.
He urged the government to as a matter of urgency demand for a data on its agenda to impose the restrictions on importation else they could be an adverse effect of shortage of goods on the markets.
The Professor reacting to the President’s address on sompa Tv ade akye abia with Omanhene Yaw Adu Boakye, underscored that the government will regain the confidence of the people because of the timely admission of the current economic crisis which he said the President could have glossed over for it to be captured in the budget statement to be presented in Parliament later this year.
Professor Dr. Kwaku Mensah Mawutor said even though the economic address by the President has been long overdue, he still sees the possibility of achieving its purpose.
“If we want economic independence then that's the right way to go but the question is, do we know the volume of cooking oil Ghanaians produce and demand? Do we have what it takes to supply to meet the demands of the people?
He cautioned that open market restrictions could lead to additional crises if we try to restrict imports, insisting that without data the measures yet to be implemented by the government would not give us the required expectation.
Source: sompaonline//Eric Murphy Asare