Information Minister Kojo Oppong Nkrumah has expressed shock at President John Dramani Mahama’s claims that the New Patriotic Party government led by Nana Addo Dankwa AKufo-Addo has undermined the economic track record that the National Democratic Congress (NDC) left behind.
Former President of Ghana John Dramani Mahama spoke at the State of the Economy Forum organized by the NDC pro-forum on Monday.
The NDC leader is on record to have said “We had the highest levels of economic growth before oil production kicked in. For instance, in 2010, we grew at 8% without oil and at 14.4% with oil in 2011, the highest in 40 years. Non-oil growth for that year was 8.4%. The following year, 2012, we grew at 9.3%. We achieved the longest sustained period of single digit inflation of 33 months, among several other notable milestones. The cyclical shocks came back with a vengeance between 2013 and 2016”.
The former President also indicated that government should not blame COVID-19 for the woes currently been suffered by the country.
“Yes, COVID-19 affected the economy, and no one can dispute that. It is however not the main reason why we are in the current hole we find ourselves. COVID19 only became a pretext for reckless election-related spending, which produced the largest-ever budget deficit in the recent economic history of Ghana last year”.
But reacting to the former President’s claims, the Information Minister indicated that it is public knowledge what the economic management track record of John Dramani Mahama is and therefore it’s shocking that to hear him poopoo on the work the NPP under the leadership of Nana Addo Dankwa Akufo-Addo has done on the economy.
“It’s very strange to hear His Excellency the former President who is not a novice to economic management, whose economic management track record the people of Ghana have had the opportunity to experience, it’s very shocking to hear him say the NDC’s economic track record has been undermined by the New Patriotic Party. Why that is strange is because we remember the NDC’s economic management track record. First of all, we are not saying things are perfect in Ghana today, we are in a time where COVID has ravaged the global economy and has dealt severe blows to the Ghanaian economy but even at this point where COVID has dealt a severe blow to the Ghanaian economy, our outings show clearly that economic management regime of today is way better than that of Mr Mahama’s administration.
You’ll recall that it was Mr Mahama who when he did not have a COVID pandemic to deal with left us growth of 3.4% and today even with COVID to deal with we are seeing a very strong rebound of the Ghanaian economy about 3.1% in quarter one alone, that’s comparable to his 2016 end year numbers. President Mahama without COVID left us inflation of 15%, today with COVID look at where the inflation numbers stand,” he said on Accra-based Metro TV.
“Mr Mahama argues that we are sloganeering but we beg to differ because if you take some of the economic programmes we have rolled out like the planting for food and jobs programme, it’s not about sloganeering, the farmer out there are benefiting from the input and the output that it’s churning out speaks for itself,” he added.
Source: MyNewsGh.com/ 2021