The National Women Organiser of the New Patriotic Party (NPP), Kate Gyamfua, has asked the Minister of Finance, Ken Ofori-Atta, and his staff at the Finance Ministry to be deliberate in communicating the economic successes of the Akufo-Addo administration.
She observed that many Ghanaians are oblivious of the level of mess inherited by the NPP administration, hence the blame on the government for the country’s ballooning debt.
The NPP women organiser noted that the government inherited some dubious loan agreements contracted by the erstwhile John Mahama administration, saying it is the servicing of such loans and other contracts signed by the NDC that are having a toll on the country’s debt ratio.
Speaking on the Platform Show on Peace FM, she said the twin Covid-19 and the Russian-Ukraine war had had an adverse impact on the economy. However, she noted that the service of past loans and financing of some bad policy decisions of the NDC government are what had devastated the Ghanaian economy to the recent level.
“For all the bad press against this government, I can also blame the Minister of Finance. Ken has done so well in managing the economy, but he is refusing to sell our success story. We inherited a mess, and he delivered us from that, yet he is not telling Ghanaians about it.
“He is partly to be blamed. He must come out and explain to Ghanaians how terrible the economy was when he took over, and how he transformed this economy,” she said.
Ms Gyamfua noted that financing of the banking sector clean-up alone and servicing of some dubious power purchasing agreement signed by the Mahama government had done enough damage to the economy.
Breaking the 8
She, however, expressed optimism that the NPP would still be able to break the eight years’ governance cycle. She noted that despite all the challenges with the economy, Ghanaians appreciate the transformation of their lives by the government.
She called on Ghanaians to have faith in the government to deliver for them. Particularly for female traders who have been badly affected by the cedi depreciation, she appealed to them to exercise restraint as government puts measures in place to cushion them from the current conundrum.