A Johns Hopkins Prdessor Steve Hanke has accused President Nana Addo Dankwa Akufo-Addo of incompetence in the management of the economy.
By his measure, inflation in Ghana’s inflation rate is currently 64 percent despite the 41.2% official rate of the Ghana Statistical Service (GSS)/
Prof Hanke, an ardent critic of the Akufo-Addo administration, said Ghana is the 15th most miserable country in the world on his 2022 annual Misery Index.
“In #Ghana, the #cedi is junk. By my measure, inflation in Ghana stands at a TERRIBLE 64%/yr. Thanks to Pres. Akufo-Addo’s INCOMPETENCE & ECONOMIC MISMANAGEMENT, Ghana is the 15TH-MOST MISERABLE COUNTRY in the world in the Hanke 2022 Annual Misery Index,” he tweeted on Friday.
In #Ghana, the #cedi is junk. By my measure, inflation in Ghana stands at a TERRIBLE 64%/yr. Thanks to Pres. Akufo-Addo’s INCOMPETENCE & ECONOMIC MISMANAGEMENT, Ghana is the 15TH-MOST MISERABLE COUNTRY in the world in the Hanke 2022 Annual Misery Index. pic.twitter.com/niamhUh3V3
— Steve Hanke (@steve_hanke) May 25, 2023
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