Minister for Government Communications Felix Kwakye Ofosu has insisted that recent macroeconomic gains are gradually reducing the cost of living in Ghana, urging public officials to communicate such developments with honesty and sensitivity.
According to him, government officials must avoid exaggeration and show respect to citizens whose resources they manage.
He stressed that while officials should not overstate the impact of policies, they are also duty bound to correct what he described as false narratives pushed for partisan reasons.
Speaking at the governments acountability series, Mr Kwakye Ofosu rejected claims that improvements in the macroeconomy have not reflected in the daily lives of Ghanaians.
He maintained that there is clear and indisputable evidence of a decline in the cost of living.
He explained that he experiences the same conditions as ordinary citizens, noting that he shops at the same markets and uses the same services. Based on this, he expressed confidence that prices of some goods and services have gone down.
Using fuel prices as an example, the minister pointed to a significant reduction compared to previous years. He noted that during the previous government, filling his campaign vehicle cost about 2,000 Ghana cedis, while the same vehicle now takes about 1,400 Ghana cedis, representing a saving of 600 Ghana cedis.
He argued that anyone who previously paid higher fuel prices but now pays less cannot deny that the economic improvements have had some positive impact on household expenses.
Mr Kwakye Ofosu further highlighted that fuel once sold at about 23 Ghana cedis per litre, translating into over 100 Ghana cedis per gallon. He explained that current prices are far lower, which he described as clear evidence of easing costs.
On the prices of everyday goods, the minister disclosed that many items have recorded price reductions. He referred to data presented to Parliament’s Trade Committee by the Ghana Union of Traders Association during discussions on the 2025 Budget.
According to him, GUTA submitted evidence showing price cuts on more than 4,500 different goods, following improvements in key macroeconomic indicators.
He emphasised that while challenges remain, it is inaccurate to suggest that none of the economic gains have reached the pockets of ordinary Ghanaians.
By: Jacob Aggrey
