Wednesday, October 29, 2025

Ghana is Sinking Economically; How can the Country be Saved?

As investments in Ghana are rapidly washing away due to hyperinflation and continous depreciation of the GhanaCedi, the government must as a matter of urgency cut down on its expenditure: reduce the number of ministers to a maximum of thirty-five. With every district, municipal and metropolis having chief executive officers, Ghana does not need regional ministers.

Reduce the current frivolous allowances and other privileges ministers and CEOs of state-owned enterprises and other political appointees enjoy. Cut down on the salaries of all these group of five-digit salary earners.

Reduce the number of vehicles all government and political appointees use. Reduce the number of vehicles that move with your convoy: you can use a three-vehicle convoy, and stop all other political appointees from using convoys. Some people can be stopped from using government vehicles. They can use their own cars to enjoy vehicle maintenance allowance, fuel allowance and commuting allowance, for those who do not own vehicles.

All state functions must serve Ghanaian food. All senior high schools must be supplied with Ghanaian food. There is enough food and meat in Ghana for us to be able to ban the importation of rice, frozen chicken and all other frozen meat. The president, vice president, all the ministers, state-owned enterprises CEOs and all other political appointees must eat Ghanaian food, eat Ghanaian meat and drink Ghanaian beverages.

Stop capital flight by the multinational companies. Own at least 55% owning and operational shares in all the mining, oil and other petrochemical companies in Ghana. The foreign multinational companies must be made to reinvest their monies in Ghana. The ease with which money can be transferred legally and illegally from Ghana has to be checked.

Going forward, the president must convince some good-minded politicians to start the process of amending the 1992 Constitution of Ghana that has the bad article 71 and the indemnity clause in it.

Ghana can stop borrowing from the IMF, the World Bank and issuing of euro bonds. We cannot continue in the old ways of doing the same things.

If countries that buy our cocoa, timber, gold, manganese, oil, and other commodities pay us with cash, let us stop it and collect commodities instead of papers (cash). Let us try to produce most of the basic things we use. Foreign companies must not bring all the materials they use in building their companies from abroad, bring all their raw materials from their home countries and employ 98% of their workers from their home countries. The 2% of Ghanaians they employ are watchmen, cleaners and janitors.

Finally, the foreign debts we owe, we can, with other African countries, especially the Sub-Saharan countries, come together and call for DEBT CANCELLATIONS. We are still suffering from slavery, colonialism, neocolonialism, imperialism and racism. We need permanent and perpetual retribution from these ills.

Ghana has to stop all forms of religious activities, especially those that claim to double money, give visas and heal all kinds of diseases on radio and TV. There must be regulated levels of noise in public. Religious groups must be screened for good doctrines and good infrastructure before they are allowed to operate, privately.

The politicians, political appointees, kings and religious leaders who deposit huge sums of money in foreign banks have to be checked and stopped. Can these groups of people make our educational system good, so that they do not have to send their children to schools abroad? Can they make our health institutions good, so that they do not have to go to hospitals abroad?

Let all of us help in our own small ways to make our laws work. The butt however, stops with those who wield power. All petty thieves must be released from prisons to serve non-custodial sentences of sweeping streets in their neighborhoods, weeding in street medians, weeding along roads and highways and weeding on farms.

We can do better than what we are doing as a country now.

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