News
Gideon Boako credits NPP for foundations of single digit inflation
Member of Parliament for Tano North and Spokesperson to Vice-President Mahamudu Bawumia, Gideon Boako has argued that Ghana’s current single-digit inflation is possible because of policy measures put in place by the former New Patriotic Party administration.
Addressing Parliament, Mr Boako explained that by April 2014, the Government of Ghana had signed a Standard Credit Facility Agreement with the IMF which introduced macro-fiscal programs aimed at reducing inflation.
He noted that the plan, which was communicated by both the IMF and the Bank of Ghana, was structured to bring inflation down to single digits by the end of 2025.
He stated that the current administration only continued the program that was already in place and is now benefiting from it.
He added that officials of the previous government should be proud that their policies have contributed to the current inflation achievement.
Mr Boako however expressed worry over what he described as the tools used by the present government to push inflation down.
He warned that these tools could affect the wider economy and ordinary citizens.
He identified two measures he believes were used in 2025 to support the single-digit inflation.
The first was “sterilization” by the Bank of Ghana, which he explained as a monetary mechanism that withdraws money from the public and channels it back into the central bank.
He argued that this reduces disposable income and affects household consumption.
The second measure, he explained, was what he called excessive fiscal consolidation by the Ministry of Finance, anchored on delayed payments and what he described as arrests intended to present a good public image.
Mr Boako referenced paragraph 248 of the budget statement, which outlines intensified open market operations by the Bank of Ghana in line with its disinflation goals. The document notes limits placed on net domestic assets through higher stabilization and reduced claims on government.
He highlighted the minister’s report that 62 billion cedis was involved in this process and cautioned that the economic impact of these actions must be examined closely.
By: Jacob Aggrey
A 30-year-old man has been sentenced to 25 years imprisonment with hard labour by the Bekwai Circuit Court for his role in a 2022 robbery at a mining site at Manso Akwasiso in the Ashanti South Region.
The convict, Dominic Ofori, also known as Fanta, was arrested on 16th February 2026 after years on the run. He pleaded guilty before the Bekwai Circuit Court to robbery contrary to Section 149 of the Criminal Offences Act, 1960 Act 29, and was accordingly sentenced to 25 years imprisonment with hard labour.
On March 20, 2022, the Manso Adubia District Police received intelligence that a group of armed men from Manso Abodom were planning to attack a mining site at Manso Akwasiso to rob the owner of gold concentrate. Acting on the information, police mounted a coordinated operation and laid an ambush at the site.
At about 5:30 pm the same day, four-armed men arrived at the site, fired indiscriminately, and robbed the miners of their gold concentrate. The police team on surveillance intervened, resulting in an exchange of gunfire.
Three of the suspects, Abu Abubakar, Musah Latif, and Gideon Takyi, sustained gunshot wounds and were pronounced dead on arrival at St Martins Catholic Hospital at Agroyesum. Dominic Ofori escaped at the time but was later arrested and put before the court.
The Ashanti South Regional Police Command has assured the public of its continued commitment to combating violent crimes and bringing offenders to justice.
The Ashanti Regional Police Command has arrested 45-year-old Isaac Boafo, also known as “Duabo King,” for allegedly publishing false news intended to cause fear and panic.
Police said the arrest follows a viral TikTok video in which Boafo claimed that four officers at the Central Police Station in Kumasi engaged in inappropriate conduct with commercial sex workers during night patrols in Asafo.
Officers from the Police Intelligence Directorate (Ashanti Region) apprehended Boafo after receiving intelligence about the video.
During questioning, he admitted to creating the video to attract views and engagement online, and acknowledged that he could not prove the allegations.
Boafo also admitted making comments about the President of the Republic for content purposes and could not defend those statements.
He has been formally charged and is in detention as investigations continue.
The Ashanti Regional Police have warned the public against publishing or sharing false information on social media, noting that such acts can cause fear, panic, and damage reputations.
They said anyone found engaging in similar conduct will face legal action.
By: Jacob Aggrey
