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Akufo-Addo not among best managers of Ghana’s economy since 4th Republic – Akandoh

Member of Parliament for the Juaboso Constituency in the Western North Region, Kwabena Mintah Akandoh, has chastised the Akufo-Addo led administration over the management of the country’s economy.

He said the current state of the economy which has triggered the introduction of more taxes indicate that the economy is not being managed well.

In an interview with Mugabe Maase on the Gumbe Show, Akandoh, a former minister, stated available evidence of projects the NDC embarked on during their recent two terms proves that the NDC performs better with the management of the economy than the Akufo-Addo-led New Patriotic Party government.

For instance, Akandoh noted the economy under the watch of Vice President Dr Mahamudu Bawumia is in absolute shambles under the NPP government, citing the revenues available to the government over the period and the works done do not correspond.

“Nana Addo is not among the best managers of the economy since the beginning of the fourth Republic,” he said.

“The dollar is now 6 cedis and Dr Bawumia is asking for applause?” he quizzed as he condemned the government for hailing such a mediocre results.

Painting a gloomy picture of the economy, the legislator further indicated that,Non oil year on year tax revenue declined from 14.5℅ in 2016 to 11℅ in 2019 but NPP government is rather using the country’s revenue to pay debt interest.

Akandoh also referred to the failure of the government to pay cocoa farmers after buying their cocoa as another reason the economy is not working.

He said the worrying development was surprising especially when the government has taken syndicated loans for the purposes of purchasing cocoa.

“Today Bawumia has the guts to tell us that the economy is doing well.This is an insult because they get everything for free” he fumed.

Reacting to the position of the government that the country’s economy was badly affected by the COVID-19 pandemic, Akandoh indicated the economy collapsed before the country recorded COVID-19 and subsequently went on a three-week lockdown.

This, he noted, has made majority of Ghanaians lose hope In the Akufo-Addo administration.

The NPP in the past 5years left the country’s economy in an intensive care unit ,a situation the government cannot be trusted to steer the Affairs of the Ghanaian economy” he added.

Managing the economy of Ghana is not about rattling English” he added and  went on to suggest that the government calls for a stakeholder consultation to help fix the economy before things get out of hand.

 

Source: Myxyzonline.com|Ghana

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