Vice-President Dr Mahamudu Bawumia has urged Ghanaians to reject the opposition National Democratic Congress (NDC) in the 2020 polls because they ran the economy down while in office.
“The NDC in government, after eight years in office, is one that Ghanaians could and should no longer tolerate,” he said in his keynote address at the 4th National Policy Summit in Tamale on Monday, 24 September 2018, on the theme: ''Assessing government's flagship programmes”.
According to Dr Bawumia, under the NDC administration, there was high unemployment rate, a high fiscal deficit of 9.3 per cent of GDP in 2016 coupled with a high public debt which pushed the debt-to-GDP ratio to 73.1 per cent.
In his view, the NDC superintended a failing National Health Insurance Scheme (NHIS), a weak banking sector and high unemployment situation.
Dr Bawumia said: “The NPP, under Nana Addo Dankwa Akufo-Addo, promised among other things, to change the education system, to introduce free senior high school education, to change the management of the economy from the focus on taxation to the focus on production, to change from most districts with no factories to a philosophy of one district-one factory, to change from a situation where most villages in the north have no dams to a position of one village-one dam, to change from the predominance of sole-sourcing from public procurement to tendering in procurement, to change from the abolishing of teacher trainee allowances to the restoration of teacher trainee allowances, to change from the abolishing of nurse trainee allowances to the restoration of nurse trainee allowances, to change from a highly informal economy to the formalisation of the economy through digitisation, through the issuance of a national ID card, through the implementation of the national digital addressing system…to change from the rising debt-to-GDP ratio to the declining debt to GDP ratio, to change from a weakening banking system to a stronger banking system.”
Under the Akufo-Addo government, he said, Ghana’s economic outlook has improved.
“This was confirmed last week by Standard and Poor’s, a global rating agency which has upgraded Ghana’s ratings, sovereign credit rating from B- to B with a stable outlook. And, this is the first upgrade that Ghana has received in 10 years. In fact, we should recall that the NPP under President John Agyekum Kufuor left office with Ghana’s rating at B . After eight years of the NDC’s economic management, our ratings went from B to B-. This is after eight years! After only 20 months of new NPP government under Nana Addo Dankwa Akufo-Addo, we have been upgraded from B- to B ,” he said.
Source: classfmonline.com
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IS THIS MAN (MAHAMUDU BAWUMIA)EXPECTING TO ADD A PHD IN LIES AND PROPAGANDA TO HIS CREDENTIALS? OR DOES HE THINK HE IS THE FIRST IN GHANA TO OBTAIN A PHD IN ECONOMICS? HE SHOULD KNOW THAT AS LONG AS YOU ARE NAKED AND YET YOU ARE MAKING EVERY EFFORT TO BEND DOWN AND EXPOSE THE ***barred word*** OF THE NEXT TATTERED PERSON INFRONT/AHEAD OF YOU THEN YOU CAN BE SURE MORE PEOPLE ARE WATCHING YOUR ***barred word*** FROM BEHIND THAN THE TATTERED PERSON AHEAD OF YOU. A WORD TO THE WISE THEY SAY IS ENOUGH OR IS IT IN THE NORTH, BAWUMIA'S HOME TOWN.
let him continue to irritate us. u think making presentations of speeches prepared by others in an attempt to project you then, is the same as governance? there's no difference seen in Ghana as far as economy is concerned. check how price of rice is astronomically increasing...
You the least said about you is better. That’s why you’ll continue to be a mate in all sectors of your life. When the NPP lose forget flag bearers ship. You are doomed forever so keep on wit ur lies. This is not news bcos u are good at it. Wasteful material
Stop the disgrace .stop the shame. Your wife and her family are disgracing you. Look back and stop the shame you are bringing to your Culture and Religion. The loose talk is too much. Please I beg you. You are big man protect your image the politics you are doing is sinking your image. You want power you have got it. Chop the money thus all. You are not dyeing anytime soon so preserve some little respect. The lies and contradictions is too much. Thanks
Hello, has the campaign for 2020 elections started yet, the PhD in economics holder must be reminded that time is not yet for the 2020 elections so he should concentrate on fixing the problems facing the economy rather than this cheap politics which is exposing him. For the mean time, somebody should help me with this problem, some students had the opportunity of studying in school for 162days whiles others had the opportunity of studying for 296days studying the same subjects, being taught by the same teachers and covering the same syllabus, which of these students will perform better if all things remain equal.
Why don't you leave that for us to decide??? SUPER INCOMPETENCE!!! The economy is exposing you BIG TIME!!