Audio By Carbonatix
An economist has cast doubt on the actualisation of both the governing New Patriotic Party (NPP) and opposition National Democratic Congress (NDC) manifestoes should they win the upcoming elections.
Prof Godfred Bokpin in an interview on Joy FM’s Top Story Tuesday, noted that the economy has been badly affected by the current Covid-19 crisis, therefore, raising resources and funds to achieve the numerous promises listed by both parties will be difficult.
“The manifestoes didn’t recognise Covid-19 that these are unusual times that we are talking about Ghana’s economy where recovery now will go beyond three years. We are not talking about growth post Covid-19 and all of that.
“So I see a big disconnect between the reality on the ground right now and the medium term outlook and the manifestoes we are considering right now,” he stated.
His comments come after NDC’s flagbearer, John Mahama together with his running mate, Prof Jane Naana Opoku Agyemang and some top NDC officials highlighted their policies and initiatives should they win the December polls.
In the 143 page document titled ‘The People’s Manifesto’, the NDC pledged at least 18 free items across all sectors.
There was mention free primary healthcare, tertiary education to persons with a disability, seedlings for cocoa farmers under agriculture among others.
But commenting on the NDC’s ‘Big Push’ agenda that is to invest $10 billion in infrastructure, education and agriculture, Prof Bokpin said the country’s debt stock will rise.
This, he argued, will retrogress the growth of the economy post Covid-19.
“When you go through the entire manifesto and there is very little effort at demonstrating how the money will be accumulated to finance this without adding to the public debt stock.”
“The NDC must come clearly and demonstrate bearing in mind the challenges we have right now and the outlook for the next three to four years and how this promises sits within this. Until then, I think we do not have anything to discuss,” he said.
But responding to the economist, the NDC parliamentary candidate for Abura Asebu Kwamankese, Felix Kwakye Ofosu said Mr Mahama is committed to using internal means to generate revenue for the $10 billion Big Push agenda.
“I don’t think that the impression should be created that merely because we have Covid-19, we are going to stop collecting revenue, or we are no longer going to benefit from oil revenue as a country.
“What will happen is that government is going to readjust its priorities and cut down on non-critical consumption related expenditure.”
Latest Stories
-
John Boadu pledges unity, reconciliation as he takes over as NPP National Chairman
21 seconds -
‘Whatever the personal cost, I will not abandon my duty’ – Baffour Awuah assures Salomey Bafoh
2 minutes -
Government to increase funding for Houses of Chiefs to speed up dispute resolution
4 minutes -
Govt’ to introduce digital property rate system to boost MMDAs’ revenue – Mahama Ayariga
6 minutes -
Traditional Medicine Practice Council closes three unlicensed spa and massage centres in Ashanti Region
8 minutes -
Let’s accept the reality and move along – Mike Oquaye on NPP’s decision to make flagbearer party leader
10 minutes -
Early presidential primary helped cool tensions in NPP – Prof. Mike Oquaye
28 minutes -
NDC congratulates new NPP executives, urges national interest above party interests
30 minutes -
NPP implementing 2024 election review recommendations in stages – Prof Mike Oquaye
32 minutes -
Ghana Rugby Union announces managerial changes
32 minutes -
US removes all bombers from RAF Fairford base
33 minutes -
France closes up to 500 schools Monday over student protests
33 minutes -
Girl, 12, fatally shot in US during ‘dispute over parking space’
34 minutes -
NPP is a party for all classes – Prof. Mike Oquaye
35 minutes -
Chief Justice urges Judiciary to strengthen foundations of justice
35 minutes