Hot Release: "Ghana's Economy Has Collapsed, Stop The Blame Game"

The Chairperson and the Leader of the Conversion People's Party (CPP), Nana Akosua Frimpomaa Sarpong Kumankuma, in a press statement dated 1st July, 2021 has emphatically stated that, 'Ghana's economy has collapsed' and thereby urged Ghanaians to 'stop the Blame game'.

It is stated in the press release that, "the CPP would like to sound an alarm on the imminent collapse of the Ghanaian economy. 

Ever since the unfortunate coup d'etat of February 24, 1966, that overthrew the CPP 

government of Dr Kwame Nkrumah, successive governments have lost control of the levers of the economy to the extent that we are now a client nation to the World Bank IMF and other Western creditor nations".

"With the state in control of the commanding heights of the economy, the CPP government of Dr 

Kwame Nkrumah launched the celebrated 7-year development plan in 1963 which saw the establishment of almost all the legacy projects in Ghana today, from the Tema Oil Refinery (TOR) to the Ghana Atomic Energy Commission, Ghana State Farms Corporation, Akosombo 

Dam, GIHOC Industries, Ghana State Housing Corporation, State Construction Corporation etc, all in 3yrs, before the coup.

This led to the massive expansion of industry and jobs in Ghana that has never been replicated 

to this day".

Nana Akosua Frimpomaa Sarpong Kumankuma, Chairperson & Leader of CPP

Read the full statement below: