Audio By Carbonatix
The National Democratic Congress (NDC) Majority in Parliament has accused the opposition New Patriotic Party (NPP) of leaving Ghana in a state of deep economic and social distress, insisting that the current administration is taking firm and deliberate steps to stabilise the economy, restore public services and confront corruption.
The Majority’s response follows claims by the NPP Minority that recent economic improvements are largely the result of external factors, including the International Monetary Fund (IMF) programme, debt restructuring and favourable commodity prices, rather than the government’s policy choices.
The Minority also alleged that the establishment of the Ghana Gold Board (GoldBod) has worsened illegal mining activities.
In a statement issued on January 26, 2026, and signed by Majority Leader Mahama Ayariga, the NDC caucus said it would soon remind Ghanaians of the difficult conditions inherited from the previous NPP administration.
The statement cited a weakened financial sector, a sharply depreciated cedi, soaring inflation, failing social services and a struggling public transport system as some of the major challenges left behind.
Mr Ayariga pointed to schools unable to reopen due to unpaid school feeding grants, hospitals turning away patients because the National Health Insurance Scheme (NHIS) could not settle claims, and mounting debts in the energy sector, which he said was riddled with corruption.
He noted that the government has since begun efforts to rebuild state-owned transport fleets and is encouraging private sector participation to improve public transport delivery.
The Majority Leader further disclosed that the caucus will, upon Parliament’s return, request a comprehensive audit of the One District One Factory policy, describing it as a failed programme marked by corruption and limited impact on youth employment.
He also announced plans to formalise the 24-hour economy, with legislation to establish a 24-hour Economy Authority expected to be laid before Parliament in early February.
Defending the government’s economic management, the NDC Majority cited positive assessments from the IMF, the World Bank and international credit rating agencies, highlighting improvements in exchange rate stability, declining inflation and stronger foreign reserves.
The caucus also defended the creation of GoldBod, describing it as an effective instrument for stabilising the cedi, and said intensified operations against illegal mining have reduced environmental damage, with land reclamation efforts now underway.
Latest Stories
-
Be careful with cross-border lending, foreign currency exposures – BoG to financial institutions
1 hour -
GPL 2026/27: Medeama go three clear as Hearts of Oak recover and Bechem stage stunning comeback
1 hour -
Ntiamoah Foundation launches “BEYOND 20” anniversary campaign
2 hours -
Credit Risk Management Directive: BoG to begin implementation for banks, others from July 1, 2027
2 hours -
Ghana Brands Awards 2026: Leading brands, business trailblazers to shine on November 20
2 hours -
T-bills auction: Demand improves as government exceeds target by about 76%; interest rates soften
2 hours -
Ziope undertakes initiative to build a technologically inclined community, commissions self-help ICT lab
3 hours -
ECG announces power outage in parts of Tema, Central Region due to network fault, maintenance
3 hours -
When the Gospel Becomes a Weapon: The church, blackmail and the abuse of faith
4 hours -
JoyNews’ Jacqueline Ansomah Yeboah selected for UK Media Excellence for Emerging Technologies Fellowship
4 hours -
Mental Health Alliance urges government to operationalise Mental Health Fund
4 hours -
Ghana–Holy See agreement heads to Parliament after Cabinet approval
4 hours -
Luv FM Corporate Games 2026: Kumasi Central Prisons, Amanfiman Bank win big amid fun
4 hours -
WAFU B U17: Ghana top Group A after win over Togo
5 hours -
Ho Central Mosque reopens amid unresolved leadership dispute that led to closure
6 hours