Political parties are great managers of the economy only in opposition

A popular television presenter and journalist, Nana Aba Anamoah has lambasted the struggling New Patriotic Party (NPP) government.

This follows the government’s decision to finally seek an economic bailout from the International Monetary Fund (IMF) after months of dragging its heels and the quest to remedy the struggling economy with home-grown solutions.

The NPP, while in opposition, touted its economic prowess and credentials in resolving Ghana’s economic malaise with the current president’s running mate, Nana Akufo-Addo, Dr Mahmoud Bawumia at the helm. of the elite NPP economic team which then claimed to have the men.

The television ace took to his Twitter account to voice his opinion that political parties in Ghana are only good stewards of the economy when they are in opposition.

Political parties in Ghana are great managers of the economy when in opposition…” she tweeted.

The NPP in opposition ridiculed John Mahama’s NDC government for going to the IMF because it failed to manage the economy.

After shoving the e-transfer levy down the throats of Ghanaians as the panacea to all our economic woes, the government has, in a quick reversal, revealed that it has only achieved 10% of the planned ‘messiah’ proceeds. vaunted E-Levy.

After unprecedented borrowing in the international bond market, among others, and with more than 80% of national revenue used for debt service and salary payments, the government of Ghana was forced to swallow its pride and head to the IMF after several key government officials, including the Ministry of Finance Minister and Deputy Minister of Finance all said that going to the IMF will never happen.

On Friday July 1, 2022, which coincides with Ghana’s 62nd anniversary since Ghana was granted republic status, the Ministry of Information announced that the President had directed the Ministry of Finance to initiate talks on the adherence to an IMF economic program.

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