{"id":402379,"date":"2026-01-12T05:19:09","date_gmt":"2026-01-12T05:19:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/402379\/"},"modified":"2026-01-12T05:19:09","modified_gmt":"2026-01-12T05:19:09","slug":"ghana-experiencing-a-reverse-not-a-reset","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/402379\/","title":{"rendered":"Ghana experiencing a \u2018reverse,\u2019 not a reset"},"content":{"rendered":"

Director of Communications for the Bawumia Campaign, Dennis Miracles Aboagye, says the cost of living for Ghanaians has worsened after one year of the NDC government, describing the current economic situation as a \u201creverse\u201d rather than a reset.<\/p>\n

Speaking at a forum assessing the government\u2019s first year in office, dubbed the People\u2019s Forum, Mr. Aboagye argued that although inflation has declined and the cedi has appreciated against the US dollar, household expenditure continues to rise faster than incomes.<\/p>\n

According to him, the prices of essential goods and services have increased, placing further strain on households across the country.<\/p>\n

\u201cIf this is a reset, then we are in trouble,\u201d he said. \u201cThe views from the People\u2019s Forum show that we are not experiencing a reset but a reverse, and the people are upset.\u201d<\/p>\n

<\/a><\/p>\n

Mr. Aboagye maintained that there is a disconnect between the economic indicators government is highlighting and the realities faced by ordinary Ghanaians.<\/p>\n

\u201cThey are upset because inflation and the dollar are dropping, yet the cost of living keeps rising. There is a disconnect between the policies the government is touting and the evidence we experience,\u201d he noted.<\/p>\n

He cited rising utility tariffs and education-related expenses as examples of how reduced inflation figures are not translating into relief for workers.<\/p>\n

\u201cIf I am a teacher coming from Dodowa and you give me a 9% increase, but today I am spending more on electricity, water, school fees and hostel fees, then it becomes a problem,\u201d he said.<\/p>\n

Mr. Aboagye further questioned the relevance of inflation figures in the face of sharp increases in utility costs.<\/p>\n

\u201cWhen electricity tariffs go up by 28%, it makes nonsense of inflation coming down from 23% to 15%,\u201d he stated.<\/p>\n

He urged government to listen to feedback from ordinary citizens, particularly market women and commercial drivers, stressing that economic indicators must reflect lived realities.<\/p>\n

\u201cThe indicators may be true, but they are not reflecting in our lives,\u201d he added.<\/p>\n

Read also<\/p>\n

Franklin Cudjoe: Economic discipline sets Mahama govt apart<\/a><\/p><\/p>\n","protected":false},"excerpt":{"rendered":"Director of Communications for the Bawumia Campaign, Dennis Miracles Aboagye, says the cost of living for Ghanaians has…\n","protected":false},"author":2,"featured_media":402380,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,101],"class_list":{"0":"post-402379","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/402379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=402379"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/402379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/402380"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=402379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=402379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=402379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}