Vice President Dr. Mahamadu Bawumia has been criticised over the depreciation of the Cedi
In a fairly stable democracy such as ours, governments pop in and pop out. And given the political dynamics in Ghana, it is a trend we can expect to continue regardless.
However, we cannot rely on every political party to form a credible government and move the nation to the right direction.
Ghana under the erstwhile NDC administration, so to speak, sent Ghana into economic meltdown amid harsh socio-economic standards of living.
As a consequence, the innocent citizens ended up experiencing economic hardships, starvation, depression, emotional labour and squalor which sent the vast majority to their early graves.
Thus, it would be extremely unconscionable for anybody to suggest that to err is human, and therefore the terrible economic managers-NDC, must be given another chance so soon to come and mess up the country.
In fact, it is so painful to let go the dreadful errors by the successive NDC governments which invariably destabilised Ghana’s macroeconomic indicators.
Frankly stating, I share the same sentiments of the sceptics who argue that despite spending 27 years in government, the successive NDC governments failed woefully to improve upon the socio-economic standards of living of Ghanaians.
Some of us were extremely livid when former President Mahama out of meaningless benevolence doled out large portions of our scarce resources to inveterate NDC apologists like the founder of Ghana Freedom Party (GFP), Madam Akua Donkor, who in all honesty, contributed nothing meaningful towards Ghana’s wellbeing.
Ghana, to be quite honest, does not need a Father Christmas who would carelessly give away our hard earned resources. But Ghana rather needs a serious, a committed and a forward-thinking leader who can utilise our scarce resources judiciously to the benefit of all Ghanaians.
Suffice it to stress that a judicious distribution of national resources is the implementation of social interventions such as Free SHS.
It is somewhat dreary to keep belabouring the point about the sorrowful state of Ghana’s economy under the erstwhile NDC administration, but for the sake of balanced annotation, it is important to state the facts anyhow.
It is, indeed, extremely disturbing to keep hearing and reading from the same people who wilfully collapsed the once thriving economy, up in arms and shouting from the roof top about the current state of Ghana’s economy just under two years of NPP government taking office.
How could individuals who disgustingly send Ghana’s economy deeper and deeper into the mire turn around and accuse the NPP government of economic mismanagement in barely twenty months into 48 months mandate?
It was the same NDC government that spent excessively and above its means and in the process needlessly increased our total debt from GH9.5 billion in 2009 to GH122.4 billion as of December 2016.
As a result, there was no money left in the national purse for the incoming NPP government to manage the affairs of the country.
It would thus appear that the vociferous minority NDC operatives have no regard for accepted rules and standards. This may explain why the clamorous opposition NDC operatives are bizarrely up in arms about the NPP government’s prudent spending on capital expenditure.
It is, indeed, boundlessly unreasonable for the minority NDC operatives to expect President Akufo-Addo and his NPP government to spend monies they don’t have, notwithstanding the fact that it was the same people who abhorrently emptied the national coffers to the dismay of discerning Ghanaians.
In spite of the seemingly insurmountable difficulties, since assuming power, the Akufo-Addo’s government has taken commendable strides to improve the social mobility through implementation of poverty reduction policies such as free SHS, one district one factory, one million dollars per constituency, tax reductions, a dam per village in the northern part of Ghana, among others.
In addition to the pragmatic and judicious implementation of social interventions, the Akufo-Addo’s government has efficiently raised the economic growth from a disappointing 3.5 per cent as of December 2016 to around 8.5 per cent within a short space of time.
Upon taking office, the NPP government has dramatically reversed the inflation rate to a single digit from a little over 15 per cent as of December 2016 (GSS 2017).
If the current economic outlook is anything to go by, then I can confidently state that the NPP government is fixing former President Mahama’s massive economic mess head-on.
