Ghanaian politician and former Minister of Trade and Industry under the Mahama led administration, Ekow Spio-Garbrah has offered to help the NPP government solve its economic crisis.
He has declared that, if required, he is ready to offer the government his over forty years of knowledge to help get Ghanaians out of the current economic mess.
The former trade minister claimed in a Monday, May 8, 2023 interview with journalists monitored by 1Family Radio that Ghana’s current economic predicaments required more than a bailout deal of $3 billion to be resolved.
“The nation we live in is broke, pauperized and constantly being pillaged, despoiled, and raped,’’ Ekow said.
He continued that most of our national institutions are falling apart while most of our local banks are on serious life-support.
“Our country’s most important institutions are failing. At some point recently, the Presidency, Parliament, Judiciary, Media, Law Enforcement, and National Security Agencies have all been under fire.’’
Many of our banks have been forced to fail or have already done so; others are receiving various forms of financial support,’’ he noted.
“Overall, our economy is in shambles and out of balance. Even now, our imports still outweigh our exports. Since its creation, our Cedi has never been weaker. A three-year USD 1billion per year IMF bailout is far from sufficient. We require tactics that will prevent the economy from receiving enough new funding.’’
“Some of us are thrilled to be here and we are eager and able to help, if requested. Ghana needs revolutionary ideas now,’’ he indicated.
Ekow Spio-Garbrah narrated that the experiences he has from working with multinational corporations like the International Telecommunications Union (ITU), Hill & Knowlton amongst others can help resolve the current crisis.
“I came here as a well-meaning citizen who is unwilling to be a mere spectator against this backdrop of the severe effects of the difficult economic conditions.’’
“I have made the decision to share my thoughts to Ghanaians since I am fortunate to have some very specialized knowledge and expertise that many Ghanaians do not have, I realized. I currently have certain keys to Ghana’s economic revival that I learned about 40 years ago,’’ he added.