Ato Forson Reacts To Finance Minister's Presser: Your Measures "Cosmetic & Empty" . . . Ofori-Atta Responds
Member of Parliament(MP) for Ajumako-Enyan-Esiam, Cassiel Ato Forson, has described as "cosmetic and empty" government's new measures to help fix the economy.
Finance Minister, Ken Ofori-Atta at a presser announced various measures the government is putting in place to address the challenges facing the economy.
This includes a 10 percent additional cut in government expenditure, a 50 percent cut in fuel coupon allocations for all political appointees among others.
However, in a tweet reacting to the new measures announced by Mr Ofori-Atta on Thursday, March 24, Mr Ato Forson who is a former Deputy Minister of Finance said:
The fiscal measures announced today are just cosmetic and Empty. It will further erode confidence in the economy. Govt should:
1. place a moratorium on new loans
2. cut 2022 foreign financed projects by at least 50%!
3. And deliver on promise to review all flagship programs!
The fiscal measures announced today are just cosmetic and Empty. It will further erode confidence in the economy. Govt should: 1. place a moratorium on new loans 2. cut 2022 foreign financed projects by at least 50%! 3. And deliver on promise to review all flagship programs!
— Cassiel Ato Forson(PhD) (@Cassielforson) March 24, 2022
Meanwhile, the Finance Minister has responded to this remark.
Ken Ofori-Atta answering a question from a Journalist who quoted Ato Forson's comment said: "Whether cosmetic or not we are poised on building back investor confidence and putting the economy back on its feet".
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