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Protests over financial woes enter second day in Ghana | Enterprise and Financial system Information

Frustration has grown in latest months as Ghanaians bear the brunt of rampant inflation amid authorities efforts to redress the economic system.

Demonstrators in Ghana’s capital have gathered for a second day of protests in opposition to spiralling inflation and different financial woes after the primary day led to clashes with police and 29 arrests.

Wednesday’s protests kicked off at about midday GMT amid a heavy police presence.

A whole lot had taken to the streets on Tuesday to denounce value hikes, a tax on digital funds and different levies amid an financial downturn.

Police dispersed the authorised march with tear fuel and water cannon after demonstrators turned violent and wounded a dozen officers, in keeping with a press release.

They arrested 29 demonstrators for “assaults and injury to public property” and have been reviewing footage of the occasion to establish extra individuals.

A senior member of the native “Come up Ghana” foyer group that organised the protest, Sammy Gyamfi, instructed Reuters that police had agreed to supply safety for demonstrations on the second day.

The police didn’t instantly reply to a request for remark.

Ghana, one in all West Africa’s largest economies and the continent’s second-biggest gold producer, noticed development gradual to three.3 % 12 months on 12 months within the first quarter of 2022 and inflation hit a file of 27.6 % in Might.

Frustration has grown in latest months as Ghanaians bear the brunt of rampant inflation amid authorities efforts to redress the economic system, reappreciate the native foreign money and keep away from a debt disaster.

The tax on electronic payments permitted in April and offered as an answer to Ghana’s monetary woes was notably ill-received, with critics saying it unfairly impacts low-income folks and small enterprise homeowners.

Final August, residents additionally took to the streets in a protest demanding accountability and good governance. The protests went viral on social media underneath the #fixthecountry hashtag, which is getting used once more for this week’s demonstrations.

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