NPP went for more loans for Mahama to pay

As it is normal for those in opposition to take advantage of the economic situation to make political gains against the incumbent party, a member of the communication team of the ruling NDC believes the opposition New Patriotic Party (NPP’s) comments in the midst of the country’s economic challenge clearly shows they (NPP) are still in the 2012 campaign mood.

Gabby Assumeng believes that NPP is yet to come out of the campaigning mood after the shock of loss despite the fact that they used more than three years to campaign against President Mahama who used less than four months to campaign to retain power for the NDC.

Speaking on the issue of the country’s state of indebtedness as projected by the NPP at a press conference last Thursday, the NDC communicator opined that it is wrong for the opposition to describe the economy as suffering from paralysis.

Addressing the issue on Okay FM, he pointed out that though the Bank of Ghana in its report admits the country’s indebtedness has risen from 9 billion Ghana cedis to 43.9 billion cedis within a relatively short span, most of these debts were not incurred by President Mahama’s administration alone.

“…..The fact of the matter is that every loan takes time for its disbursement and so it is possible that the debt has arisen due to some loans NPP went in for when they were in power...the NDC inherited a lot of debts from NPP when they (NDC) took over power under the era of late President Mills…some of the loans could have been approved three years ago, but probably the maturing date for repayment is now,” he added.