Sentences with phrase «economic quagmire»
The phrase "economic quagmire" refers to a troublesome situation where an economy is struggling, facing difficulties, or stuck in a complex and challenging state. It suggests a difficult and muddy condition that is hard to escape from. Full definition
The VC noted that it was high time the God - given abundant resources blessed with the nation needed to be productively explored and exploited to salvage the country out of her present economic quagmire.
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According to her, the CPP is ready for the polls later this year adding that the party is Ghana's best chance of getting out of the current economic quagmire.
Ms Nkrumah stated that her administration would lift Ghana from the economic quagmire it was in and practice proper decentralisation where the grassroots would be part of decision making.
He said that the President's approach could not be the preferred solution to the economic quagmire, which he alleged was created by the present government.
Even those afflicted with socio - economic quagmire were mobilised to the streets to welcome the Daura - born «Messiah».
The move is important, analysts say, because Europe's economic quagmire is causing a high degree of uncertainly in world markets including the U.S., which is just recovering from its own recession.
United Nations has created an economic quagmire, or a nirvana for the best paid bureaucrats in the world, depending on perspective.