Both govts keep borrowing, and we’re now in a deep financial crisis – President of Catholic Bishops

The president of the Ghana Catholic Bishops’ Conference, Rev. Matthew Kwasi Gyamfi has noted that Ghana is currently in a deep financial crisis.

He asked the governments to explain to Ghanains why the country is in an economic mess.

He said these while speaking at the opening ceremony of the 2023 plenary assembly in the Sunyani Diocese on November 13, 2023.

Rev. Gyamfi said “Both governments keep borrowing, and we are now in a deep financial crisis. Why are we in this economic and financial quagmire? The massive uncontrolled corruption is suffocating the nation. It appears corruption is legalized.

“What should Ghanaians do since the existing form of democracy help only a few and leaves the majority behind? What about the impunity and arrogance of some politicians and their defence of corruption?

“Should the constitution not be changed or bettered for it to work for all Ghanaians instead of for a few? Should the legal system not be re-equipped to uproot corruption? What about our Parliament where the interest of the people is sacrificed for personal and party interests? Why have we not implemented the findings of the Constitutional Review Committee?”

He added “Can the governments explain to us why we are in this economic mess? What explanations can the two political parties give to Ghanaians for the unfavourable agreements we sign on our oil, minerals, power generation etc.?

“Countries that have these resources in abundance are rich. Why do we remain poor? Ghanaians no longer accept the old explanations that the Governments of Ghana have been giving.”