Financial analyst and economist Scott Bolshevik has blown an alarm on the Akufo-Addo Bawumia-led government.
According to Scott Bolshevik the Ghana government is in fluxing the system with new currency notes ahead of the 2024 elections.
Scott Bolshevik warned Ghanaians that the only thing that causes inflation is the printing of currencies and warned that even in elections the Akufo-Addo government can’t manage the economy so imagine what happens after they win the election.
Scott Bolshevik, well known for his constant commentary on issues relating to Ghana on X, particularly on the economy, on his X page and wrote, “There is an influx of new currency note into the system by the GHANA government amid elections. The only thing that causes inflation is the printing of currency, not the Ukraine war or Covid 19. Even in election time, they can’t manage the economy so imagine after winning the election
Meanwhile, The Akufo-Addo Bawumia government has constantly blamed external factors such as the COVID-19 pandemic and the Russia-Ukraine war for the severe hardship Ghanaians are facing.
Unfortunately, President Akufo-Addo and NPP supporters have been very reluctant to admit the truth even when it hits them in the face.
See his post below:
There is an influx of new currency note into the system by the GHANA government amid elections.
The only thing that causes inflation is printing of currency not Ukraine war or Covid 19.Even in elections time they can’t manage the economy so imagine after winning the election pic.twitter.com/r6Y6fga9Gm
— Scott (@scottbolshevik) October 25, 2024