Dr. Mahamudu Bawumia, Running Mate to Nana Akufo-Addo, in response to the President’s claim that the NPP’s proposal for the economy will not work, has expressed amazement at how the President, under whose watch the economy has collapsed in the last 8 years, can claim to know what will make the economy work and what will not work, and wondered why the President will not focus on fixing the economy instead.
Dr. Bawumia said that he was baffled that the man who had collapsed the Ghanaian economy could be claiming that alternative proposals for reviving the economy from the ditch he had sent Ghanaians into will rather ruin the economy.
“The NDC and President Mahama are going around saying that these tax reductions as part of our comprehensive programme of economic reform and our manifesto promises will ruin the economy. I am so baffled. You are the President and you have presided in eight years over the collapse of our economy. If you knew the plan that could work with the economy and be successful, why haven’t you implemented that plan in eight years?” he said while interacting with students of the Nyankpala Campus of the University for Development Studies on Thursday.
Nana Akufo-Addo’s Running Mate advised the President that he should focus on making the economy he has ruined work in the short time he has left and noted that the President’s record disqualifies him from becoming a judge on what will work or not work for the Ghanaian economy.
“If you know what can work for our economy, why is the economy collapsing in your hands after eight years? You clearly don’t understand the economic plans underpinning the NPP manifesto; your task is to make our economy work and is clear you cannot do it so you clearly have no legs to stand on in saying that the NPP plan cannot work because your own plan has collapsed the economy and we are bringing a new plan for the economy and this new plan will work”, he stated.
Dr. Bawumia recalled the record of the Kufuor-NPP Administration which reduced Corporate Taxes to stimulate the private sector, create growth and at the same time cause an increase in government revenue and reiterated the pledge by the NPP to introduce more of such policies to create growth and jobs and revive the economy.
“We reduced taxes under the NPP – corporate taxes were brought down from 32% to 25% and at the same time we saw a major increase in revenue and so it makes economic sense and we are going to focus on production. The President for now should focus on fixing the collapsed economy”, he noted.
Dr. Bawumia has been touring Constituencies in the Northern Region since Tuesday. He has so far toured the Nanton, Kumbungu and Tolon Constituencies.
Source: Peacefmonline.com
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it is clear that mahama and his ndc has no plan for the country. i can't think far so what social intervention can they pin point.sometimes i wonder if those who vote for ndc have future plans. so are they happy to be bootlickers. always following and saying yes sir master to be given ""noko fiooo"". ndc followers please embrass change if not for yourselves for your childrens childrens. ghana decieves better. its so sad that a country like ghana with all the great human resourses can't move on. ndc followers think of your future. in life after aperiod of time we do what is called reflection. in economics its also called auditing. where is ndc taking ghana. we are wasting our time with the ndcs.please ndc think positive
BARAWO MAHAMA AND HIS NDC ARMED ROBBERS IN SUIT HAVE CHANGED FROM POOR, UNEMPLOYED AND LOW INCOME EARNERS INTO BILLIONAIRES AND MILLIONAIRES IN 8 YEARS. NOW THEY WANT 4 MORE YEARS TO KILL GHANA PEOPLE WITH HUNGER AND SICKNESS. BUT WE NO GO SIT DOWN MAKE THEM KILL US WITH THEIR STEALING AND CORRUPTION. VOTE NDC JULOR KPAKWE OUT IN DECEMBER 2016. INSHA ALLAHU!!!
Ndc promised one time premium for NHIS and ended up collapsing it. This time we will try Nana/Bawumia. It is clear Mahama and the doc know nothing. Only loan loan loan loan everyday. Ya bre
What was the reason for selling Ghana Telecom under you and your NPP administration if things were good then? You can't manage your own "party economy" to the extent that Kayayis and Chinese are your donors. You couldn't manage their money. A situation Afoko can't think far on and you are running around with liars because your leader Nana Addo Trump is a non starter as far as Economics is concerned(3rd Class Economics Student he was ). You and your NPP must know that we are in 2016 not 2000. #RetireNana@72 #NoAbabas3 #UsainBoltVictory #JMTOASO
Dr. Bawumia, how will you fulfil your numerous manifesto promises with an economy you call a collapsed economy? does it make sense?
Bawumia doesn't make any sense, read NPP manifesto and see the number of free. free things. Even funds will be set up for all zongos, they will take out taxis on imports and they will almost take out VAT, yet they will build more than 200 factories across all districts and build dams in all villages. They will give free 1 million to each district and still remove taxes. They will do all these things and many more in the economy Bawumia says is collapsed. Do you really see this man as a sane person? only fooooooools who doesn't reason will follow this liar-ooooo called Bawumiah
My admiration for this guy has completely fade.Too much of everything is bad. Always criticizing and soon everyone will be fed up with you. You have no solution to the country. You make too much noise. Enough is enough.
Mr Vice President where are you? help help help CANT YOU HELP? MAHAMA only knows how to talk(he studied communication) but not economics so Mr Vice President hellllllllllp! you boss wai Wolahi! Change is coming Dec 7
Very good point.