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Economist Dr Ishmael Yamson has expressed deep concern over the worsening economic crisis in the country, describing it as the most challenging period for businesses in decades.

Speaking on Joy News' PM Express Business Edition, he said the current economic downturn gives him nightmares, leaving him awake at night questioning, "Where did we go wrong?"

“It has been tumultuous…the last six months have been quite unsettling, volatile, and difficult for our business. I can say with certainty that I've never seen anything like this in the past 40 years," he said on Thursday.

The former Unilever Ghana boss continued, "Look at the depreciation of the cedi, which hit an all-time high last month. I thought we might see some improvement, but it continues to depreciate.

"This period is the most difficult time that Ghanaian businesses have faced. You need a predictable economy, but we currently have a completely unpredictable economy.

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