{"id":106640,"date":"2025-12-13T12:03:21","date_gmt":"2025-12-13T12:03:21","guid":{"rendered":"https:\/\/sotnews.agency\/?p=106640"},"modified":"2025-12-13T12:03:21","modified_gmt":"2025-12-13T12:03:21","slug":"former-psrs-boss-warns-ndc-against-declaring-early-economic-victory","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=106640","title":{"rendered":"Former PSRS boss warns NDC against declaring early economic victory"},"content":{"rendered":"
\n
\n \t<\/i> Read Time:<\/span>1 Minute, 27 Second <\/div>\n\n <\/div>
\n

Thomas Kusi Boafo, former Chief Executive Officer of the Public Sector Reforms Secretariat (PSRS), has cautioned the governing National Democratic Congress (NDC) against celebrating what he terms \u201cpremature\u201d economic success.<\/p>\n

Speaking on Nhyria FM\u2019s KuroYiMunsem<\/em> programme hosted by Barima Kofi Dawson (Akokoa) on [insert date], Mr. Boafo argued that barely one year in office is too short a period for any government to declare economic victory.<\/p>\n

\u201cThe recent signs of economic stabilisation being experienced by Ghanaians amount to temporary relief rather than lasting recovery,\u201d he said, warning that without deep, structural reforms, these gains could easily be reversed.<\/p>\n

He noted that several of the measures currently bolstering the economy were inherited from the previous New Patriotic Party (NPP) administration. \u201cThe Gold-for-Oil programme, the IMF support arrangement, and the Domestic Debt Exchange Programme (DDEP) are key interventions contributing to today\u2019s stability,\u201d he explained, adding that while some policies have placed burdens on citizens, their continuation is necessary for long-term economic continuity.<\/p>\n

Mr. Boafo also cautioned against excessive liquidity injections aimed at gaining public approval, describing such moves as short-term populist spending that could jeopardize future administrations. He urged the NDC government to focus on sustainable policies that deliver lasting economic stability.<\/p>\n

On the fight against illegal mining, popularly known as galamsey<\/em>, the former PSRS boss warned that any administration that successfully curtails the practice could face political backlash. \u201cThe youth engaged in galamsey wield significant influence and could mobilise effectively against a government that threatens their livelihood,\u201d he noted.<\/p>\n

His remarks come amid growing public debate over the NDC\u2019s handling of the economy, with some quarters hailing the government\u2019s first-year performance while critics caution against over-optimism without concrete long-term policies.<\/p>\n<\/div>\n

\n
\n \n
\n \n \"Happy\"\n <\/a>\n
\n Happy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sad\"\n <\/a>\n
\n Sad <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Excited\"\n <\/a>\n
\n Excited <\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Sleepy\"\n <\/a>\n
\n Sleepy <\/div>\n
\n 0<\/span>\n \n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n
\n \n \"Angry\"\n <\/a>\n
Angry<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n \n <\/div>\n <\/div>\n\n
\n \n \"Surprise\"\n <\/a>\n
Surprise<\/div>\n
\n 0<\/span>\n 0<\/span> %<\/span>\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n ","protected":false},"excerpt":{"rendered":"
\"FormerThomas Kusi Boafo, former Chief Executive Officer of the Public Sector Reforms Secretariat (PSRS), has cautioned the governing National Democratic Congress (NDC) against celebrating what he terms \u201cpremature\u201d economic success.<\/p>\n

Speaking on Nhyria FM\u2019s KuroYiMunsem programme hosted by Barima Kofi Dawson (Akokoa) on [insert date], Mr. Boafo argued that barely one year in office is too short a period for any government to declare economic victory.<\/p><\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[319,2313,10,9],"tags":[],"class_list":["post-106640","post","type-post","status-publish","format-standard","hentry","category-economy","category-ndc","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/106640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=106640"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/106640\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}