Citizens demand policy reversal as inflation spikes and subsidies vanish.
Thousands of protesters filled the streets of Accra today to express anger over IMF-imposed austerity policies that have triggered soaring inflation and slashed fuel and food subsidies. The demonstrations, dubbed "Occupy the Truth," reflect deep dissatisfaction with President Nana Akufo-Addo's economic handling.
The Ghanaian government entered an IMF bailout deal in 2023 to rescue its struggling economy. However, the resulting budget cuts and tax hikes have disproportionately affected low-income earners. Bread prices have doubled, transport fares have tripled, and school feeding programs have been halted in some regions.
Opposition parties, led by the National Democratic Congress (NDC), are seizing the moment to demand early elections. “This is no longer an economic crisis—it’s a leadership crisis,” NDC spokesperson Sammy Gyamfi declared during a rally.
The government insists the reforms are temporary and necessary. Yet with election season approaching in 2025, public confidence in the administration continues to plummet. Regional leaders are calling for restraint to prevent further unrest.
I’m Adedayo Obadina
Talksocialtalks