Cut your budget – Dr Amoako Baah tells Akufo-Addo
Former National Chairman aspirant of the ruling New Patriotic Party Dr. Richard Amoako Baah has urged President Nana Akufo-Addo to consider cutting down his budget to enable the government to raise more revenue to expend on more urgent expenditures that would bring relief to Ghanaians.
According to the former Lecturer of the Kwame Nkrumah University of Science Technology’s Political Science department, the President needs to exercise more prudence in the execution of the budget adding that this has been worldwide practice especially amongst countries in dire economic hardships.
Dr. Richard Amoako Baah who was speaking on OTEC FM’s afternoon political talk show, dubbed ‘DWABEREM’ on Monday May 31, 2021 proposed further reduction in the size of the current Ministers of about eighty-four insisting that a lot was always expended on the Ministries at the detriment of scarce resources.
He bemoans the lack of vision by government in investing in the economy since the investments made over the past years should be recouped at these critical periods but the same could not be said because there were no such judicious investments.
He added that the current cocoa economy was also having a serious toll on our revenues adding that the current situation where farmers were complaining of lack of funds by the Cocoa Marketing Companies in the purchase of their beans was unheard of.
Dr. Richard Amoako Baah who threw his support behind the President especially in the burning of the excavators and other equipment used in illegal mining, maintained, “If I am to advise the President I would suggest he cut down the budget. If you’re a husband and you have financial difficulties you have to be frank to your wife to reduce the household expenses.
” There is no magic anywhere in the world in managing the economy when you’re faced with this economic hardship except to cut the budget. I expect the President to further cut the size of the Ministers to help suit the current economic conditions.”