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Mahama did not promise to stabilise the struggling Cedi in 100 days — Campaign team clarifies

Headlines Former President John Dramani Mahama
WED, 29 MAY 2024 LISTEN
Former President John Dramani Mahama

The campaign team of former President John Dramani Mahama has clarified reports that he promised to stabilise Ghana's struggling cedi within 100 days if elected in 2024.

Some media outlets had quoted Mr. Mahama as pledging to stabilise the freefalling cedi in the first 100 days of his administration.

However, according to a statement from his spokesperson Joyce Bawah Mogtari, the former president made no such promise.

“Mahama did not promise to stabilise the struggling Ghana Cedi in 100 days,” said Mogtari.

“To quote him, Mahama stated, ‘Our number one priority will be stabilising the economy and restoring a stable currency. We will launch an urgent economic recovery and fiscal consolidation plan following a national economic dialogue to be held within one hundred days of assumption of office’,” she added.

Mr. Mahama had laid out a broader plan to address Ghana's economic challenges at the 8th Ghana CEO Summit, demonstrating his understanding of the issues, according to his spokesperson.

The plan includes measures like pruning wasteful expenditures, preventing corruption to boost revenues, simplifying and streamlining VAT collection as well as abolishing the controversial e-levy.

Mogtari stressed that Mr. Mahama is committed to transparent communication and urged the media to accurately represent the candidate's statements.

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Isaac Donkor Distinguished
Isaac Donkor Distinguished

News ReporterPage: IsaacDonkorDistinguished

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