Ghana is in Economic Crisis: The reality you don’t understand until you read this
Ghana is in Economic Crisis and the reality you don’t understand will become clear when you finish reading this.
THE REALITY
Your salary in January 2022 was 3,000, equivalent to $483. You were buying a liter of fuel for 7cedis for your car. You were buying two pieces of Kofi Brokeman for 2cedis. You were buying pure water for 0.20p. With 5cedis, you could get a full pack of gob3 for lunch.
Today is 16th October 2022, and the same salary of 3,000 is now $247. This means you have lost half of your salary due to poor economic management. Meanwhile, you have to pay 14 CEDIS for a liter of fuel for your car. Pure water is now 0.50p. 5cedis for two pieces of Kofi Brockman.
As for other increments, I won’t talk about them. Anyway, fuel prices are expected to go up by 10% on Monday, and it will affect everything.
Transportation will also increase by 40% close to the month
We are in CRISIS as a country. It is no longer funny.
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Do you agree that Ghana is in Economic Crisis?
