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
Disclaimer: Opinions expressed here are those of the writers and do not reflect those of Peacefmonline.com. Peacefmonline.com accepts no responsibility legal or otherwise for their accuracy of content. Please report any inappropriate content to us, and we will evaluate it as a matter of priority. |
Dr.Bawumia may God bless you for your hard work, may God protect you and your family, nana Addo and all NPP members.
Frank the reason why your friend who started loan business or micro finance is making money in two years is simple.....the economy is bad. When the economy is doing good, mainstream banks will support businesses at a reduced interest rates which will reduce the cost of borrowing. This will tickle down to reduced production or input cost which again will determine the final price of the product or service rendered. Because the economy is bad, people who have money are lending at astronomical rate. When this happens, it automatically increases input cost and that will upwardly adjust all costs from production to final consumption. Yes your friend might be making money under this situation but the hard truth is that he is riding on the back of a week system to enrich himself. If you borrow at 10% per month multiply by 12 months, you get 120& interest per year....is it what you call a good economy?
HEHEHEHEHEHEHE! DR. BAWUMIA, GOD BLESS YOU FOR YOUR INTELLIGENCE, WISDOM AND ELOQUENCE. YOU REALLY HIT HARD AND ALWAYS MAKE THE NECESSARY IMPACT. WHEN DR BAWUMIA SPEAKS, NDC CATCHES KPOKPOBLIBLI. I AM REALLY ENJOYING 2016 CAMPAIGNS. I PRAY OTHERS WOULD MAKE IT ISSUE BASE. GOD BLESS GHANA
Nana Addo is visionary. How did he know Dr.Bawumia will be this good. I believe Nana and Bawumia will be good for Ghana.All my praise is for Nana Addo Danquah Akufo Addo.
Dr. Bawumia is causing Mr. Mahama and his NDC party serious headaches and sleeplessness.The guy is raelly hitting them hard!In fact They hide when he speaks,hahahaha!Bawumia is too much on campaign platform,he had matured very fast as a politician,and i really admired him.I think he deserves my vote.
Where is Amissah Arthur the lazy veep? Help your boss small wai. Dr.Alhaji Bawumia is a Ghanaian asset. I will vote for the first time this year because of this man. He has made our politics more issues based and he is very clever.
I thought if you don't know something you learn from those who know. So why is the president always not listening to Dr, which will rather help him and stop this I know, I know syndrome.
i remember bawumia's state of the nation conference when he said mills's govt had a better economy than now.wasnt prez mahama in charge of the economy as vice prez then.my colleague started a loan firm 2 years ago from his bedroom and has made so much progress in a short time.i call it smartness,look sharp and stop following this people.nana aint God so he can equally fail
bawumia u and your boss will lose this year election come 7 u can go around and spill anything that come into your mind. Ghanaians can feel the physical investment this government has made. paying ssss which most ghanaian work from low income to highest--------- the police and civil servant.
You be champion Bawumia, You know and understand book. gosh, in the better statement. your head is the book it's self