Audio By Carbonatix
A Deputy Finance Minister, Fifi Kwetey has rubbished Dr Mahamudu Bawumia’s critique on the state of the economy, describing it as a desperate attempt to save Nana Akufo-Addo’s campaign.
He said the NDC's prudent economic management resuscitated the 'intensive care' economy it inherited from the then ruling New Patriotic Party.
“We brought the economy from the brink of collapse to unprecedented economic growth… we found ways of managing 38 trillion cedis debt the NPP left behind”, he said.
Dr. Bawumia, a former Deputy Central Bank boss on Wednesday pointed out a number of loopholes in the Ghanaian economy, questioning gains the NDC claims to have made over the four year period.
He told the annual Ferdinand Ayim Memorial Lectures in Accra, government has done little to arrest the free-fall of the cedi and that many investors have lost confidence in the economy.
But speaking on Joy News Television’s political discussion programme, Majority Caucus, the Deputy Minister accused Dr. Bawumia of attempting to discredit figures from the Ghana Statistical Service.
“Why should Dr. Bawumia doubt figures from the Ghana Statistical Service when he heavily depended on it as Deputy Governor of the Bank of Ghana”, he questioned.
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.
Tags:
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.
Latest Stories
-
Ghanaian delegation set for January 20, 2026 trip to Latvia in Nana Agyei case – Ablakwa
14 minutes -
Accra turns white as Dîner en Blanc delivers night of elegance and culture
2 hours -
War-torn Myanmar voting in widely criticised ‘sham’ election
4 hours -
Justice by guesswork is dangerous – Constitution Review Chair calls for data-driven court reforms
4 hours -
Justice delayed is justice denied, the system is failing litigants – Constitution Review Chair
5 hours -
Reform without data is a gamble – Constitution Review Chair warns against rushing Supreme Court changes
5 hours -
Rich and voiceless: How Putin has kept Russia’s billionaires on side in the war against Ukraine
6 hours -
Cruise ship hits reef on first trip since leaving passenger on island
6 hours -
UK restricts DR Congo visas over migrant return policy
6 hours -
Attack on Kyiv shows ‘Russia doesn’t want peace’, Zelensky says
6 hours -
Two dead in 50-vehicle pile up on Japan highway
6 hours -
Fearing deportation, Hondurans in the US send more cash home than ever before
6 hours -
New York blanketed in snow, sparking travel chaos
7 hours -
Creative Canvas 2025: Documenting Ghana’s creative year beyond the noise
10 hours -
We would have lost that game last season – Guardiola
10 hours
