A few young Ghanaians have been highlighting the severe effects of the present economic downturn on their earnings and standard of living.
They claim that because of the current economic challenges, the majority of their purchasing capacity has been diminished, and they are therefore unable to afford to purchase commodities, items, and services.
In a video shared by CedisRates and sighted by 1Family Radio, a young man stated that he could no longer buy Digestive cookies,which he felt was a basic commodity everyone could afford.
He clarified that the recent sharp increase in the price of biscuits reflects how awful many people’s financial circumstances have become.
“I can’t buy digestive chocolate biscuits anymore; that used to be my therapy, like when I have a stressful day, I’m going to eat those biscuits and I will be fine,’’ he said.
“I think the only thing I can afford on my salary now is bread. Does bread count as a grocery? Bread is still saving lives. At this point, it’s just bread and water,’’ another person stated.
Another Ghanaian citizen also mentioned that he cannot replenish his car’s tank right now because it used to cost about GH¢300, but now it costs about GJ¢1,800.
On the X platform, these Ghanaians’ opinions have since elicited a range of emotions and responses that are essentially in line with those of the majority of the populace.
This is also based on the reality that the nation’s current economic crisis has been made worse by a number of factors, including high rates of inflation, rising living costs, insufficient revenue production, and volatile exchange rates.