Sincerely speaking, Ghanaians experienced some significant level of economic difficulties especially during the post-COVID-19 economic recovery periods of 2021, 2022 and 2023, exacerbated by global supply chain disruptions caused by the geopolitical tensions/war between Russia and Ukraine.
Before the war, Ukraine and Russia were major suppliers of wheat, fertilizers, and fuel to many African countries including Ghana.
Despite the aforementioned challenges, the facts and data on Ghana’s economy show that the New Patriotic Party(NPP) and its roots, UP Tradition still come across as the Party with the best track records when it comes to the prudent management of the economy of Ghana.
This includes;
Ghana’s Inflation Rates Statistics between NPP and NDC
According to facts and data, the worst yearly inflation rates of Ghana were recorded under the governments of NDC, and Hilla Limann’s government(54.44% in 1979, 50.04% in 1980 and 116.50% in 1981).
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