Inflation is when so much money is chasing some commodities. Now thank God with the help of the government incumbent we have single digit inflation meaning so much money is not chasing some commodities. Yet what do we see the government incumbent increases prices of goods and services every now and then and the cedi keeps on depreciating. some may say it is appreciating no that is not the case. compare its depreciative value to its appreciating rate, very bad. Now we understand the government want to increase production and create investment avenues for the country that is why this is happening but let us be frank how can you increase production when infant industries are overtaxed and farmers are punished most of all institutions lack skilled and committed personnels. How can you create investment avenues when corruption and injustice is soaring in the country. Now i call this a high level of ineffectiveness and incompetency displayed by the government incumbent.
Posted on: Fri, 27 Sep 2013 19:23:17 +0000
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