I say without equivocation and without minsing of words that the vice president, Bawumia, is becoming synonymous to the adjectives people described him for . Where and when did the NDC send Ghana to HIPC? .
You can gather your party faithfuls and sympathizers to brainwash and indoctrinate them to whatever extent that is your own palaver, northwithstanding that you cannot descend so low before your audience and mislead them by saying that the NDC took Ghana to the HIPC .
This is the most outright and naked lies i have ever heard from the vice president, Bawumia. Can you imagine he made a damning comparison about who manages the economy well ?
I don’t need the economic tutorials from Oxford, Cambridge nor Harvard Universities to understand simple economic rudiments in the country, at least, my secondary school economics tells me that , more or higher the demand of an item ,higher the price.
When people are not motivated to borrow from the banks for their transactions definitely the interest rates at the banks will be reduced to inspire people to access loans . Your bad economic lifestyle is deterring people away from sourcing loans for business.
How do you call yourself the better manager of the economy , when you accused your predecessor for spending $10bln for interests and loan amortization and i quote ” chapter (1) page (8) paragraph (13) “The total debt of the country , after 51 years of independence and at the time npp left office in 2008 ,was ghc 9.5billion . Under Ndc , in just seven years ,it has risen to ghc 100billion in 2015 . Moving the debt to GDP ratio from 32%in 2008 to over 72% in 2015 ” unquote.
Holding you responsible for your own words , as the Namibian proverbs posits that “Animals are trap by their horn , Men are trap by their words ” Dr. Bawumia, how much is Ghana’s debt now ? Can you by this overbloated public debt accumulations hold yourself as the better manager of the economy?
Mahama spent ghc10.billion for interests and loan amortization and you vehemently criticise him and i quote “chapter (1) page (9) paragraph (15) of the npp manifesto ” At the end of 2008, the country’s total annual interest payment amounted to ghc 680million , but this has increased to ghc 10.5 billion in 2016 , six times the country’s oil revenue is now needed to pay one year’s interests on the debt ” unquote Dr. Bawumia, from 2020 budget your govt is spending ghc40billion for the same commitment. Can you by this colossal amount call yourself the better manager of the economy?
John Mahama, handed over, the tax ratio to GDP at 24% as at now it has reduced drastically to 12% can you by call yourself the better manager of the economy? If inflation rate is anything to go by ? are you not the same person who lamented that ” the reduction of the inflation does not reflects in your pocket ” ?
By far John Mahama, and his late vice president, Amissah Arthur together with their finance minister, Seth Terkpeh are the best managers of the managers of the economy and Ghanaians can attest to this facts .
Both macro and micro economic indicators under Mahama were far better than you and your boss regime. Of late any time you make a public statement about the economy , it exposes your weak economic rudiments in the country .
It is different to be the best theoretical economist in the books and also different to be the practical economist on the ground .
It is obvious the economic situation under John Mahama from 2013 to 2016 was far better than nana addo from 2017 to 2021 , ordinary ghanaian on the street bear with me.
