Dalex Finance CEO Criticizes 2024 Budget, Alleges Deception by Government

The Chief Executive of Dalex Finance Limited, Kenneth Thompson, has expressed his discontent with the 2024 Budget Statement and Economic Policy unveiled by the government, accusing them of taking advantage of and deceiving the Ghanaian populace.

In an interview on JoyNews’ Newsfile over the weekend, Mr. Thompson voiced his sense of betrayal, asserting that the government used funds from citizens for exchange programs during a period of economic turmoil, yielding minimal benefits.

“I feel cheated, I feel used, and I find what they have done as immoral,” Thompson stated, raising concerns about the budget’s apparent lack of attention to the challenges faced by ordinary Ghanaians.

He underscored the struggles experienced by the populace, citing the high cost of living and widespread unemployment, and questioned the government’s failure to address these pressing issues.

“Economic prosperity is not about numbers, economic prosperity is not about GDP; it is about the value of the cedi in your pocket, and as we sit now, the value of the cedi in our pocket is gone.

“The government has not made any sacrifices; we [Ghanaians] have made those sacrifices. There’s no job for the boys; planting for food has failed, so what are we getting,” emphasized Mr. Thompson.

Pointing to challenging economic conditions, the Dalex Finance CEO highlighted the steep cost of living and doing business in the country, with high interest rates exacerbating the situation.

Mr. Thompson drew attention to the depreciation of the national currency, noting its impact on the country’s capital, and questioned the tangible benefits accruing to Ghanaians from these developments.

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