The opposition National Democratic Congress (NDC) has challenged the Akufo-Addo government to indicate significant projects it has carried out with the outrageous loans it has incurred since assuming office.

Speaking at a press briefing on Wednesday, the party’s National Communications Officer, Sammy Gyamfi noted that the current administration has borrowed ¢138 billion in less than four years in office and has nothing to show for it.

He then cited former President John Mahama to be one adequately utilise the loans e incurred for development of the country.

"For instance, whereas, President Mahama can boast of dozens of hospitals and health facilities such as the Greater Accra Regional Hospital (Ridge Hospital), University of Ghana Medical Center, Ga East Municipal Hospital, Upper West Regional Hospital, rehabilitation of Upper East Regional Hospital, among others, President Akufo Addo cannot boast of a single hospital he has built for Ghanaians since he took office.

"Also, whereas President Mahama can boast of commencing the construction of 123 new Community Day Senior High Schools (E-Blocks), 46 of which he fully completed, President Akufo Addo cannot boast of a single secondary school he has built since 2017, despite his unprecedented borrowings.

"Worse if it all, is that President Akufo has abandoned most of the infrastructural projects he inherited from the erstwhile Mahama government to rot," he said.

He then took a jibe at President Akufo-Addo who he said has mismanaged and misappropriated the funds gained from borrowing.

"The reason why President Akufo Addo has very little show for the unprecedented resource envelope that has accrued to his government is that, he has wasted the chunk of the monies on consumption, corruption and wasteful expenditures," he alleged.

Adding that, "His misplaced priorities is what has plunged Ghana into the catastrophic debt situation and economic quagmire we presently find ourselves."