NDC Member of Parliament for Bongo, Edward Bawa says the stability of the economy with particular regard to achieving a single digit inflation was as a result of prudent economic decisions by the previous government.
Speaking on Peace FM's "Kokrokoo", Hon. Bawa indicated that the Nana Addo administration has since its inception not made any major interventions nor policies to revamp the economy.
To him, the NPP shouldn't claim credit for the stability in the nation because all positive economic indicators were the achievements under Ex-President John Mahama's regime.
According to him, the Mahama government had put measures in place to achieve a single digit inflation before it was voted out of power.
Hon. Edward Bawa noted that the NPP government is only riding on the coattails of the Mahama administration.
“We, even as a country, had indicated that even by June this year; [we would have had] we would have captured a single digit in terms of inflation…However, we missed it because (1) in terms of our oil production went down because the FPSO challenges we encountered. (2) We had issues of power crises, particularly the last end of 2015 and some part of 2016. So, these two major things brought, for example, in terms of our revenues came down…
“…however, when we stabilized the power generation programme and the FPSO started producing the right volumes, when you look from June (because there was now stability) all the indices started showing positive signs. We had stability of the Ghana cedis. We saw that inflation moved from around 18% to 13 point something in December...Which major intervention brought about these positive indices? The point is these were based on the fundamentals that had been put in the (short term) sorry, medium term policy framework that we started to get positive signals from June till date”, he stated.
But General Secretary for the People's National Convention (PNC), Atik Mohammed, discounted claims by the Bongo MP, stating emphatically that the NDC-Mahama government left the country "without much in the coffers".
To him, but for certain deliberate interventions by President Nana Akufo-Addo and his government, the country would not have had the positive economic effects that Hon. Bawa is gleefully referring to.
"When you come and the coffers are empty, if you’re not tactical; you might end up implementing a policy which will boomerang in a matter of 2 years”.
He said the NPP inherited liabilities from the previous government, hence it's inability to roll out a large-scale economic intervention programme within the government's six months of administration.
“They’ve not fared well in all the indicators but the part where they’re done well, I think they’re deliberate interventions of government and that’s why we’re seeing such positives,” Atik stated.
Source: Ameyaw Adu Gyamfi/Peacefmonline.com/Ghana
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This guy dey funny me and yet you lost the election. Hahahaha. Life in opposition is hard
walker, you have to do an IQ test to certify that you are an imbbbecile. Pantang hospital can help you to get one if you have a national health insurance card
Massa Massa...stop talking as if you wash your face upwards! We were all in this country when J.A Kuffuor left the country to be managed by NDC (Atta and Mahama) and we saw what happened to our GDP, Inflation, etc. And we are seeing the difference since NPP (Nana and Bawuima)took power again. You NDC guys think you are smart...and can ride on the good policies Nana/Bawumia are putting in place. If the World Bank and IMF predicted it, was it based on AUTO-PILOT policies..?? The IMF and WB even knew NPP was going to win power and things were going to stabilize. Talking about "HE SHOULD MENTION ONE SINGLE INTERVENTION MADE BY THE CURRENT GOVT TO STABILIZE THE ECONOMY." I think you are leaving on PLUTO or JUPITER and probably have not heard of all the Socio-Economic moves this Government (Nana+Bawumia etc.) have made. Well done Bro. Walter for showing your ignorance (I guess you are also following the BONGO MP)...Sweet dreams.
if ndc is claiming these positives chalked by the npp six months duration, then it is right for people to say that, galamsey menace, mob actions and all armed robber during the first six months of npp administration are all ndc handiwork s. HYPOCRITES
ATIK MOHAMMED IS AN EMBARRASSMENT TO THE PNC. HE SHOULD MENTION ONE SINGLE INTERVENTION MADE BY THE CURRENT GOVT TO STABILIZE THE ECONOMY. GETTING TO THE END OF 2016, THE WORLD BANK AND IMF PREDICTED THAT THE ECONOMY WOULD BOUNCE BACK GETTING TO THE CLOSE OF THIS YEAR AND INFLATION DECREASED SIGNIFICANTLY. WAS ATIK IN THIS COUNTRY?. NOT UNTIL ALL OF US AS CITIZENS BEGINS TO BE FAIR AND OBJECTIVE IN OUR POLITICAL DISCOURSE, GHANA WILL FOREVER REMAIN AS IT IS. LEARNED PEOPLE WHO ARE SUPPOSE TO LEAD THE EXAMPLE HAVE THROWN THEIR INTEGRITY AWAY. WHY IS IT THAT ANY GOOD THING WE ARE WITNESSING TODAY IS THE MAKING OF NPP AND BAD THING IS THE PREVIOUS GOVT. THE PLANTING FOR FOOD PROGRAMME, ENERGY PROJECT IN TEMA,FSPO KUFFOUR THAT WERE ALL NDC PROJECT U INHERITED. YOU WERE HAPPY TO LAUNCH THEM WITHOUT ACKNOWLEDGING THE PREVIOUS GOVT,BUT ANY BAD THING GHANAIANS ARE TOLD WAS THE MAKING OF NDC. GHANAIANS ARE QUIET AWAKE AND JUST WATCHING.