Residents in Takoradi divided over fortunes of the economy

Some residents in Takoradi are divided over the economic prospects outlined in President John Mahama’s State of the Nation Address (SONA).

While, some residents expressed hope and satisfaction with the government policies, others remained sceptical, citing concerns about sustainability and the impact of falling cocoa prices on the local economy.

Those supporting the government’s efforts pointed to various developmental projects and initiatives that they believed are positively impacting the region.

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Mr Michael Arthur, a trader, said, “I think the government is trying its best. We’ve seen improvement in roads and other infrastructure. If these projects continue, the economy will eventually get better.”

However, a significant portion of the population expressed dissatisfaction, arguing that the current economic trajectory is unsustainable.

Many highlighted the persistent challenges of unemployment and the recent decline in cocoa prices, which have significantly affected cocoa farmers in the region.

A fish seller, Ama Serwaa, shared her frustrations, saying, “My parents are cocoa farmers, but the low cocoa prices are killing them. It’s becoming increasingly difficult for them to sustain themselves and invest in their farms. We need more support from the government, not just promises.”

The division among Takoradi residents reflects broader concerns about the country’s economic stability and the effectiveness of government policies in addressing the needs of ordinary citizens.

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As Ghana continue to navigate economic challenges, the government faces pressure to deliver tangible results and restore public confidence in the economy.

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