Lawra (Upper West Region) – Professor John Evans Atta Mills, Vice President on Saturday debunked Opposition charges that the country’s economic problems are the result of incompetence by the government.
He said the difficult economic situation the country finds itself was not confined to Ghana alone and that many African countries are facing the same problem.
Professor Mills was addressing the Chiefs and people as well as NDC supporters at Lawra as part of his four-day visit to the Upper West region.
He explained that the problem is the result of the fall in the world price of cocoa and gold, the country main foreign exchange earning commodities.
The problem has been compounded by the unprecedented rise in the price of crude oil for which the country spends substantial foreign exchange.
These combined factors have eroded the country’s foreign exchange situation, which have resulted in the depreciation of the cedi and its effects on consumers.
Prof. Mills called on Ghanaians to ignore the claim by opposition politicians that they have a ready-made solution to the problems.
He said that, “no one has a magic wand or super brain” to solve the country’s present economic hardships.
The answer he said depends on diversifying agriculture through the cultivation of non-traditional crops to earn additional foreign exchange.
The Vice President earlier called on the Paramount Chief of the Lawra Traditional Area, Naa Abiafa Karbo.
