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Bawumia and Ghana economy

Dr. Mahamudu Bawumia

Before the recent lecture on the economy of Ghana Dr Bawumia delivered, some people, including senior lecturers and professors, had expressed various views (positively and negatively) on the state of country’s economy.

Since the lecture given by the Vice President of the Republic, Dr. Mahamadu Bawumia, various opinions have been expressed on his presentation, some of them praising him for a good work done while others, as usual, saw nothing good about what he said or the issues discussed on that day.

PUBLIC REACTIONS

The reaction of the general public, however, showed that in spite of the difficulties the country faced, the Vice President and Head of Ghana’s economic team did well and dealt with all the relevant issues the country is facing.

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He began by stating that he was going to deal with the state of the economy, pointing out that there were problems or difficulties but measures had been put in place to ensure that the economy of Ghana was cushioned soundly from collapse.

In talking about the state of the economy, Dr. Bawumia referred to the economic problems Ghana as a country faced prior to the swearing-in of President Akufo-Addo. He went on to explain that in spite of the difficulties, measures were in place to ensure reduction in inflation, elimination of a number of taxes, developing the economy along internally induced growth, among others.

ECONOMIC PROBLEMS

The economy of Ghana today faces a number of problems including rising prices of goods and services. The rising prices have come about because of the COVID-19 pandemic which has affected every part of the world. Indeed, goods cannot be easily transported from different parts of the world to other places where they are needed thereby bringing about shortages in some cases.

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Generally, the supply of goods and services have been in short supply but even in situations where such goods and services are not in short supply, it can be seen that the cost of transportation alone has shot up tremendously.

COST PUSH AND DEMAMD PULL INFLATION

This high cost of transportation accounts for rising prices, that is, cost push inflation. In cost push inflation, rising prices of transportation when added to the prices of goods and services further push up prices.

Similarly, in situations where the supply of goods and services are less than expected or fall below general demand, what happens is that demand exceeds supply and pushes up prices. This comes under what is known as “demand pull inflation.”

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Both demand pull and cost push inflation are responsible for the rising prices in the country. From this observation, one can say that the unfavourable economic situation in the country, in the form of rising prices, is not the making of the Akufo-Addo administration. The situation has come about because of factors beyond the reach of all Ghanaians.

All countries in the world are going through difficult economic times so this is the period for all analysts to be objective and fair in their discussion of issues in Ghana today. We should be very grateful that the economic management style of the government has not thrown things overboard but rather made it possible for the people of Ghana to go about their normal duties, even in the midst of some difficulties.

COVID-19 PANDEMIC

Until the world, including Ghana, was hit by the COVID-19 pandemic, things were moving on smoothly in Ghana. Inflation, which was initially at 15.4 per cent or thereabout was reduced to about seven per cent. Similarly, agricultural output also increased tremendously from negative levels to appreciable levels even though there was still room for improvement.

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With the arrival of COVID-19,everything was thrown overboard and countries that did not have resilient economies fell onto great trouble and experienced food shortages. Fortunately, due to Ghana’s laudable programmes such as Planting for Food and Jobs (PFJs), the country became self-sufficient and even exported food items to neighbouring countries like Burkina Faso, Togo, Benin and Côte d’ivoire among other countries. Had it not been for this programme, things would’ve been worse than we see today.

We have food stuffs all over the country but there is room for improvement in the sense that we need to construct more roads to link up with communities that are producing food for the country. Without this, not much can be achieved in terms of food production. A network of good roads is, therefore, needed in all parts of the country to enhance agricultural production.

At the same time, we need to regulate the supply and export of our food stuffs to neighbouring countries so that Ghanaians will also not run out of food supplies. Fortunately, the Government of Ghana had realised this and banned the export of maize and soya to neighbouring countries until the situation improves in Ghana. It is equally important to note that the economic problems experienced in the world today have come about because of the conflict between Russia and Ukraine. Many finished products come from that part of the world. The products are fertilisers and other important products needed in the agricultural sector.

ADVERSE CONFLICT

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The conflict has, therefore, contributed adversely to other parts of the world including Ghana.

We are happy that the economy of Ghana is able to support itself today and is far from collapse.

With the pandemic moving away, it is strongly believed that all the economic programmes and measures put in place would begin to yield results needed and make the economy a strong one. This means that there will be reduced inflation and more income can be generated from various sectors of the economy to finance its expenditure. Similarly, we can also reduce the rate of exchange with other foreign currencies to make the economy a strong one. Individuals should have confidence in the economy of Ghana and believe in what was presented by Dr. Bawumia

From all indications, the measures taken by Ghana are good and that is why the developed countries of the world have expressed confidence in the economy of Ghana.

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DIGITALISATION

Digitalisation is good if for nothing at all, it helps to eradicate corruption and make it easy for goods and services to be accessed without difficulty. For this reason, digitisation coupled with the relevant economic policies will go a long way to enhance rapid growth in all parts of the country so that the ultimate result will be improved upon in the interest of everyone.

Ghana is a great nation so we all need to work hard and support the government to make it possible for economic activities to flourish and improve upon the welfare of everyone in this noble country.

Contact email/whatsApp address of author:

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Pradmat2013@gmail.com (0553318911)

By Dr Kofi Amponsah-Bediako

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Features

 Who knows tomorrow?

 Recently a friend posted a sad news on his Facebook page, announcing the death of a school mate who had passed away, suddenly. The report had it that he was on his way to the airport to take a flight to Ghana.

I am sure this man had already informed the wife or a friend or a work colleague at work that he was returning home but he was not to return as a human being but as a dead body.

Such is life and so we need to be circumspect in how we go about things in life. The Bible reminds us that we are like grass which at one point in time looks elegant and the next moment becomes with­ered according to Psalm 90:5 and 6. It is for this reason that we need to guard our hearts with the word of God so that we shall be motivated to do the right thing, at all times.

This will enable us live on this planet, free from all sorts of troubles in our person­al lives, even if we ignore the question of Heaven and Hell. Living a disciplined life delivers us from any kind of trouble as the Bible declares in Galatians 5:23 that against such there is no law.

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The uncertainty surrounding our lives on earth is the more reason why people should commit their lives into the hands of the one who created it, in the first place unless you believe that the world created itself and that it appeared from nowhere.

Otherwise, the logical thing to do is to recognize the authority of the creator and surrender to his Lordship. Heaven is real and Hell is real, so for us who know the truth and have received Jesus as our Lord and Saviour, the onus lies on us to encourage our re­lations who have not believed and received Jesus into their lives, to do so.

We are a couple of days from another Easter Resurrec­tion celebration and an oppor­tunity to reflect on our lives in relation to the significance of Easter. In the Bible, the only occasion Jesus, Saviour of the world commands us to celebrate is his death and resurrection.

He never commanded his followers to celebrate his birth but like everything else, we chose to ignore Jesus’s instructions and decided to do what pleases us, just like our forefather and mother in the Garden of Eden.

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Let us deliberately choose to do things differently as Christians this Easter, so we can really benefit from all the blessings that the celebra­tion of the death and birth of Jesus, has on offer. Doing the same thing over and over and expecting a different result is definitely insanity.

I choose to be different this Easter and I am believing God for a newness of life so God’s glory would be revealed in me to draw the unsaved to him. It is only when people espe­cially the unsaved, see the character of Christ in us, that they can be convinced about the authenticity of Jesus, as Saviour of the world, who can bring transformation in their lives too.

This is what would motivate them to surrender their lives to Jesus Christ. Let us make this Easter a memorable one that will be cherished for a long time. It is also a period for reconciliation and it would be great if in the spirit of Eas­ter, we would try to reach out to those who have wronged us or have a grudge against us.

This would demonstrate that we have indeed accepted Jesus and that our religious posture is not a sham. May the good Lord grant us the grace to love our neighbours as our­selves, demonstrating the love of God in the process.

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Those who have lost their loved ones and Easter brings sad memories, may the good Lord comfort and strengthen you. God bless.

.NB: ‘CHANGE KOTOKA INTERNATIONAL AIRPORT TO KOFI BAAKO INTERNATIONAL AIRPORT’

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Features

 Cosmetic deformities

 COSMETIC deformities refer to physical imper­fections or abnormalities that affect an individual’s appearance, often causing emotional distress and impact­ing their quality of life.

These deformities can be congenital, acquired, or result from various medical con­ditions or treatments. This article provides an in-depth exploration of cosmetic defor­mities, their types, causes, ef­fects, and treatment options.

Types of cosmetic deformi­ties

Cosmetic deformities can affect various parts of the body, including the face, skin, hair, nails, and teeth. Some common types of cosmetic deformities include:

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1. Facial deformities: Congenital or acquired abnor­malities affecting the shape, structure, or appearance of the face, such as cleft lip and palate, facial paralysis, or facial asymmetry.

2. Skin deformities: Con­ditions affecting the skin’s texture, tone, or appearance, such as acne, scars, birth­marks, or skin discoloration.

3. Hair deformities: Abnor­malities affecting the hair’s growth, texture, or appear­ance, such as alopecia, hirsut­ism, or hair loss due to medi­cal conditions or treatments.

4. Nail deformities: Condi­tions affecting the shape, size, or appearance of the nails, such as nail fungus, nail psori­asis, or nail trauma.

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5. Dental deformities: Abnormalities affecting the shape, size, or appearance of the teeth, such as tooth decay, tooth loss, or malocclu­sion.

Causes of cosmetic defor­mities

Cosmetic deformities can result from various factors, including:

1. Genetics: Congenital con­ditions or inherited traits can cause cosmetic deformities.

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2. Trauma: Injuries or acci­dents can result in cosmetic deformities, such as scars or facial trauma.

3. Medical conditions: Cer­tain medical conditions, such as acne, psoriasis, or eczema, can cause cosmetic deformi­ties.

4. Treatments and proce­dures: Medical treatments, such as chemotherapy, radia­tion therapy, or surgery, can result in cosmetic deformities.

5. Aging and environmental factors: Aging, sun exposure, and environmental factors can contribute to cosmetic defor­mities, such as wrinkles, fine lines, or age spots.

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Effects of cosmetic defor­mities

Cosmetic deformities can have significant emotional and psychological effects on individuals, including:

1. Low self-esteem: Cos­metic deformities can lead to feelings of insecurity, self-con­sciousness, and low self-es­teem.

2. Social anxiety: Individu­als with cosmetic deformities may experience social anxiety, avoiding social interactions or feeling embarrassed in public.

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3. Emotional distress: Cos­metic deformities can cause emotional distress, including depression, anxiety, or stress.

4. Impact on quality of life: Cosmetic deformities can affect an individual’s quality of life, impacting their rela­tionships, career, or overall well-being.

Treatment options for cos­metic deformities

Various treatment options are available to address cos­metic deformities, including:

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1. Surgical procedures: Surgical procedures, such as reconstructive surgery, cos­metic surgery, or dermatolog­ical surgery, can correct or improve cosmetic deformities.

2. Non-surgical treatments: Non-surgical treatments, such as laser therapy, chemical peels, or microdermabrasion, can address cosmetic con­cerns, such as skin texture, tone, or appearance.

3. Medical treatments: Medi­cal treatments, such as topical creams, oral medications, or injectable treatments, can address cosmetic concerns, such as acne, hair loss, or nail deformities.

4. Prosthetic and orthot­ic devices: Prosthetic and orthotic devices, such as wigs, hairpieces, or dental prosthet­ics, can help individuals with cosmetic deformities.

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5. Counselling and thera­py: Counselling and therapy, such as cognitive-behavioral therapy or psychotherapy, can help individuals cope with the emotional and psychological effects of cosmetic deformi­ties.

Conclusion

Cosmetic deformities can have significant emotional and psychological effects on individuals, impacting their quality of life and overall well-being.

Understanding the types, causes, and effects of cos­metic deformities is crucial in addressing these concerns.

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Various treatment options are available, ranging from surgical procedures to non-sur­gical treatments, medical treatments, prosthetic and orthotic devices, and counsel­ling and therapy.

By seeking professional help and support, individuals with cosmetic deformities can improve their appearance, boost their self-esteem, and enhance their overall quality of life.

Reference

1. “Cosmetic Deformities” by the American Society of Plastic Surgeons

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