Flagbearer of the National Democratic Congress, John Dramani Mahama, has stated government’s refusal to accept responsibility for the mess it has created is what is hampering the road to recovery of the economy.
He says accepting the responsibility is the first step towards liberating the economy and that’s what his next administration will do.
“First, government must take responsibility for the messy economy, arising from its reckless borrowing and mismanagement of the country. This is going to be one of the immediate actions of my government, God willing, when voted into office. I will lead a process to set a standardized limit for borrowing,” he said during his victory speech in Tamale.
According to Mahama, “we cannot allow them to continue holding Ghana’s progress in reverse gear. Ghana is not for a few people alone. Ghana is for us all and the unborn generations” adding that “this is why I am running for president in 2024. And this is why you voted massively for me on Saturday, May 13, 2023.”
Accepting the responsibility he noted, is one of the raft measures the NDC proposed in their 2020 manifesto which he will adopt should the NPP administration fail to honour it.
“These measures still apply today because we are neck deep into an economic crisis,” he stated.
He further lashed the Akufo-Addo government’s refusal “to cut expenditure by reducing the size of government, adjusting the compensation and allowances of appointees and profligate expenditure. The president is rather appointing more people and continuing to recklessly overspend.”
“A John Mahama and NDC government, will respond to the concerns of the Ghanaian people, proactively and drastically cut down on the number of ministers and other government appointees. There will be no room for wasting the taxpayer’s money on the comforts of government officials.
“The NDC will reconsider the tax exemption regime, ensuring that any exemptions are beneficial to the Ghanaian people. We will further ensure that the extractive sector operates within a mutually beneficial tax environment for the stability of the exchange rate,” he outlined.