The head of research of the National Democratic Congress, NDC, Dr. Tony Aidoo has criticized the new patriotic party governmentsâ€(tm) handling of the economy describing it as worse.
According to him the government is pursuing deflationary policies which have accounted for the increase in utility rates, VAT and the introduction of the national development levy. Speaking on action point, on Kapital radio this hosted by Kojo Marfo. Dr.Tony Aidoo asserted that the NPP has been able to conceal the real state of the economy from Ghanaians using a well organized propaganda machinery unprecedented in the history of Ghana. He said these policies have led to the reduction in the national savings rate from 17.5 to three percent. He dismissed claims that the NPP inherited an empty coffers questioning where government got monies from to carry out renovation works on offices at the various ministries. Dr Tony Aidoo, one time deputy minister of defense accused the NPP of dividing the country along tribal lines. Dr.Tony Aidoo who described life in opposition as being hard said the NDC carried out developmental projects even though they were servicing foreign debts at the time. He stressed that an NDC government would no have opted for the highly indebted poor countryâ€(tm)s initiative, HIPC.
. Reacting to issues raised by the NDC fire brand, a leading member of the NPP, lawyer Owusu Afriyie described the fiscal polices of the government as human-centered. Citing a drop in inflationary rate and an increase in the countryâ€(tm)s foreign reserve to buttress his point. Lawyer Afriyie who lost to Dr Akoto Osei, deputy minister of finance in the Tafo-Pankrono constituency primaries in Kumasi said the poor handling of the economy by the NDC compelled the government to opt for HIPC. He stressed that the stable economy coupled with good macro figures have restored investor confidence in the economy. According to him, the NPP has demonstrated in the past three and a half years how good governance functions which the NDC cannot match, judging by their past human rights record.