The 2016 Presidential Candidate of the New Patriotic Party(NPP) Nana Addo Dankwa Akufo-Addo has said the Ghanaian economy is in the midst of deep economic woes unprecedented in the history of the country.
Nana Addo said the economy was better of when Mahama took over the reins of government years back than it were now.
“When you look at the economic history of our country, the one thing that will be associated with the name John Dramni Mahama, is the concept of Dumsor; and when you mention the name John Agyekum Kufuor, you have a raft of social interventions and policies and economic growth that are all on the positive side,” Mr. Akufo-Addo told the media in an interview Friday.
His analysis on the economy, according to him, is indicative of the minimum level of integrity the current NDC government has in the management of public funds which has brought a shadow of poverty, desperation, and joblessness in the country.
“Bawumia keeps talking about that; he said if you put all the monies that were available to Kufuor in his eight years it comes to something 20 billion cedis. 248 billion cedis has been the amount of monies – loans, revenues that have come into the hands of the Mahama-led NDC administration,” the three-time Flagbearer of the NPP stated.
He said inspite of the huge receipt of revenues for this government,”the positive things that the people of Ghana have been able to hold on to in recent times were all policies that were done in the Kufuor era.”
For him, the discipline in the management of the macroeconomy accounted for what he calls the exceptional expansion in the economy of the Kufuor regime, a situation he argued is critically lost on the NDC administration now.
Join GhanaStar.com to receive daily email alerts of breaking news in Ghana. GhanaStar.com is your source for all Ghana News. Get the latest Ghana news, breaking news, sports, politics, entertainment and more about Ghana, Africa and beyond.