Covid was a boon to the NPP; they’re poor economic managers – Former MP

George Loh, a former Member of Parliament for North Dayi under the National Democratic Congress (NDC), has claimed that the ruling New Patriotic Party (NPP) is a poor manager of the economy.

The economic management team, he believes, has failed to put policies in place to improve Ghanaians’ economic conditions.

“NPP has demonstrated that they are bad managers of the economy,” he said in an interview with Dzifa Bampoh on TV3’s Key Points on Saturday, April 23.

“According to the World Bank, we were already on the decline prior to #COVID19, and as a result, they received $2 million in free money.” The NPP received #Covid19 as a gift.”

However, Charles Bissue, the NPP’s Western Regional Secretary, disagreed.

On the same show, he said, “Let’s look at all the policies and review them to see if they will benefit Ghanaians.”

Meanwhile, the government is taking steps to address the economic difficulties.

On Thursday, March 24, Finance Minister Ken Ofori-Atta announced that the government has placed a complete moratorium on the purchase of imported vehicles for the rest of the year, effective immediately.

He claims that this will have an impact on all new orders, particularly 4-wheel drives.

“For the rest of the year, the government has imposed a complete moratorium on the purchase of imported vehicles.” This will have an impact on all new orders, particularly 4-wheel drives. “We will ensure that the overall effect is a reduction of at least 50% in total vehicle purchases by the public sector for the period,” he said.

“Again, with immediate effect, the government has imposed a moratorium on all foreign travel, with the exception of pre-approved critical/statutory travel; by the end of December 2022, the government will have completed ongoing measures to eliminate “ghost” workers from the government payroll;

“Discretionary spending will be cut by another 10%.” The Ministry of Finance is currently meeting with MDAs to review their spending plans for the remaining three (3) quarters in order to achieve the discretionary expenditure cuts; ii. these times demand that energy resources be used efficiently.

“In line with this, effective April 1, 2022, all political appointees and heads of government institutions, including SOEs, will receive a 50% reduction in fuel coupon allocations,” he added.