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Politics | Apr 7, 2019

The Never Changes Mahama Has Nothing New To Offer Ghana - John Buadu

Staff Writer
The NPP General Secretary said the previous administration under John Mahama, virtually grounded the economy.
The NPP General Secretary said the previous administration under John Mahama, virtually grounded the economy.

“Say No to a redenominated candidate (Mahama) for he never changes. Mahama - the Value is the Same. More importantly, the NDC alternative under Mahama is still scary,” The General Secretary Of NPP, John Boadu stated.

According to Mr. Boadu, the record of Ghana’s Fourth Republic in the areas of growth and economy is obvious that the NPP builds and develops while the NDC has a penchant to destroy and erode the gains made.

The NDC he said, “took us [Ghana] to HIPC but did not have the courage to admit it even though it was under an IMF programme in 2000. It took President Kufuor to have the bulk of Ghana’s debt written off and get Ghana out of the IMF programme. Not only that, NPP, through the focused operations of GNPC, made Ghana an oil-rich nation but left office before a single barrel of Jubilee oil could be produced.

“Also, the NPP under President Kufuor left office with Ghana’s first credit rating taking us to B+. Before that, we were not even rated. Credit rating is necessary for both government and business to transact business and borrow internationally.”

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He continued, “...after eight years of NDC economic management, our rating went down from B+ to B-. Yes, B minus under John Mahama! After only 20 months of NPP under Nana Addo Dankwa Akufo-Addo, we have already been upgraded from B- to B. Our upgraded credit ratings earned us an oversubscribed Eurobond issue in multiples of seven at the lowest coupon rate and longer maturity Ghana has ever had,” he stated.

—Myjoyonline

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