The opposition New Patriotic Party has slammed President John Dramani Mahama over his ‘Accounting to the People tour’, arguing that the President is only making a misrepresentation of how the economy is performing.
“…Because of prudent economic management, even though Ghana is experiencing a drop in the price of the oil that we export, we have sustained a drop in the price of our gold exports for almost four to five years now. You will notice that our economy still remains resilient and is not facing the kind of crisis that we are seeing in other parts of the world and that means that economic management of the economy has been good,” the president said.
But, a Member of Parliament’s Finance Committee, Kweku Kwarteng, has said the president's mission is only to deceive Ghanaians.
“The President did not just get it wrong,I think the President is on a mission to mislead Ghanaians. To start with, this is clearly a President and a government sort of thing.. he is looking for excuses that cannot come.
“Instead of assessing the circumstances that took us to the IMF, the president is beating his chest. We have more economic activities now so we should be reaping benefits but we aren’t,” he told Accra-based Citi FM.
The Obuasi West MP added that “The President said that government has managed the economy prudently but for their performance, Ghana will be in difficulty because oil prices are dropping and prices of other goods on the international market are dropping. What President Mahama forgot is that his predecessors did not have oil, he is lucky to have oil and he is complaining about the price he is getting for the oil he has-this is not good enough.”