John Jinapor, Member of Parliament for Yapei Kusawgu, has urged Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP), to focus on addressing the depreciation of the Cedi and rising fuel prices instead of calling for debates ahead of the December elections.
Jinapor’s remarks come in response to the recent hike in petroleum product prices.
During a recent interaction with journalists, Jinapor accused the government of causing financial loss to the state through the ineffective implementation of the gold-for-oil policy, which was intended to curb the continuous increase in fuel prices.
“The managers of the economy have to sit up. Clearly, the Bank of Ghana is losing it. While the Bank of Ghana is spending millions of Cedis and dollars on the gold-for-oil program, the currency is not stabilizing. The Cedi is depreciating, fuel prices are going up, the cost of living is rising, and everyone is suffering. Worst of all, wages and salaries are stagnating,” Jinapor stated.
He continued, “I think that Dr. Bawumia, instead of calling for a debate, should concentrate on managing the economy. He should stop the unnecessary call for a debate, do his work as the head of the economic management team, and ensure that we deal with the ever-rising cost of fuel.”
