Ghana’s current debt stock of GH₵600billion is “frightening” according to former Finance minister, Dr. Kwabena Duffour.
The man who says he exited the ministry with the country’s debt standing at just GH₵35billion is surprised the amount has multiplied over 16 times in less than two decades.
Assuring party delegates to entrust him with the flagbearership of the opposition National Democratic Congress, (NDC) Dr. Duffour was confident he is the most experienced person to restore Ghana’s economic fortunes within a short period of time.
“Ghana’s debt is currently about GHS600 billion when I was leaving the Finance Ministry it was only GHS35billion.This is frightening,” he said.
Bringing the economy back on track with his experience, the ex Governor of the Bank of Ghana said “when it comes to the economy, actions speak louder than words. My record speaks for itself and it is clear that I have the experience and vision to fix the economy within two years.”
Dr. Duffour, in explaining the practical mechanisms he will employ to attain the feat said “with my leadership, we will create jobs, stabilize the economy, and ensure that our country’s development is on the right track. Inflation will drop further to below 9 per cent, within 31 months. Let’s work together towards a better future for all Ghanaians.”