By:Isaac Amoah

The Member of Parliament (MP) for the Ahafo Ano South West constituency in the Ashanti region, Mr Elvis Osei Mensah Dapaah, has stated unequivocally that the government’s claims of economic gains don’t reflect in the lives of Ghanaians.

According to him, the minister for finance presented an economic policy statement to the House, painting a picture of a booming economy.

“We are being asked to celebrate a drop in the monetary policy rate from 27% in January 2025 to 14% in April 2026, alongside a claim that public debt-to-GDP dropped to 44.7% at the end of 2025.​

But as the minority, our question remains simple: If the indicators are declining so beautifully on paper, why is the cost of living still rising so drastically on the ground?​

Mr.Elvis Osei Mensah Dapaah

Reducing the policy rate means nothing to local entrepreneurs if banks refuse to lower commercial lending rates.

In a Facebook post, Mr Daapah, who doubles as the vice chairman for the Parliamentary Select Committee on Chieftaincy, Culture and Religious Affairs, said celebrating a “concluded final review” of an IMF bailout is an admission of systemic reliance on foreign lifelines, not a sign of self-sustaining economic health.

According to Ahafo Ano South West MP, true prosperity is felt in the markets, in affordable utility tariffs, and in sustainable job creation, not in heavily massaged presentation slides.

“We (NPP minority) will continue to challenge these narratives and demand an economy that works for the people, not just for the textbooks,” he emphasised.