Politics

Bawumia is exaggerating – Seth Terpkeh

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A Deputy Minister of Finance, Mr. Seth Terkpeh has described New Patriotic Party running mate, Dr. Mahamudu Bawumia’s criticism of the Mills administration at the Ferdinand Ayim Memorial Lectures on Wednesday as an exaggeration. Dr. Bawumia, a former Deputy Governor of the Bank of Ghana Bawumia lashed out at the Mills’ administration, casting doubt of the value and relevance of economic indicators. Dr. Bawumia highlighted a range of issues he said were loopholes in various sectors of the economy, including the well touted achievement of the single digit inflation, which he said has not translated in the lives of the average Ghanaian. On Adom FM’s “Dea Mehunu” programme on Wednesday night however, Mr. Terkpeh disagreed with the NPP running mate's assessment of the economy. Admitting that Dr. Bawumia is a “fine Economist”, Mr Terkpeh said the economy under the Mill’s-led administration has performed better and that his ministry will only deal with the right averages that give them an idea of what is going on in the economy. Meanwhile, a Former Deputy Finance Minister in the Kufuor administration, Kwaku Agyeman Manu, accused the NDC of failing to build on the strong economy that the Kufour administration left behind. According to Mr. Manu, the NPP took Ghana from HIPC to a middle income economy which the Mills administration has not been able to maintain. He insisted that it is obvious that the NDC cannot do the job so they should be kicked out of power. In another vein, the Head of Evaluation and Oversight Unit of the Office of the President, Dr. Tony Aidoo has branded Dr. Bawumia a liar. On claims by Dr Bawumia that the cedi was losing value because of mismanagement, Dr. Tony Aidoo said ‘Mr Bawumia doesn’t speak the truth.” Dr. Tony Aidoo said the fall of the cedi should be blamed on the NPP’s flagbearer Nana Addo Dankwa Akufo-Addo, whose “all die be die” comments have created panic within the business community. He said investors will usually give a second thought whenever they hear such statements coming from the person who wants to be given the mandate to rule the nation.

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DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.