Akuffo Addo Is Clueless On The Economy – Former Prez Mahama Jabs

Former President John Dramani Mahama has slammed President Nana Addo Dankwa Akufo-Addo administration for proven to be clueless as to how to manage the economy.

According to Mr. Mahama, President Akufo-Addo and his team have shown little appreciation of the situation as the country seems to be having an economic meltdown.

He said albeit the NPP administration’s incompetence, it is totally impervious to sound proposals to rescue the economy and mitigate the extreme economic hardships that Ghanaians are dealing with.

“It is apparent that even as the ship of state is being buffeted by the choppy waters of economic disaster, President Akufo-Addo and his head of the economic management team and his Finance Minister have no clue as to what direction to lead this country,” Mr. Mahama said while speaking on the state of the economy at the inaugural launch of a policy think tank, Think Progress Ghana.

According to him, the President is habouring underperforming ministers who have decided to turn the sectors they are in charge of into their habitat.

He urged the President to as a matter of urgency fire underperforming Ministers who have become dead woods in government including Finance Minister Ken Ofori-Atta.

According to the 2020 Presidential candidate of the National Democratic Congress (NDC), the troubling times Ghana finds itself demands that President Akufo-Addo takes not only big but bold decisions.

Mr. Mahama proposed to President Akufo-Addo to dig into the Presidential tool kit and make use of available means in times of crisis.

“..it will serve the President well to use some instruments from the Presidential tool kit in times of crisis such as this. Fire your finance minister, conduct a major shake-up of Government to remove the many dead woods that have turned ministries into their fiefdoms and finally huddle with the best brains this country has to formulate a comprehensive recovery plan for our economy. The time to act is now,” ex-President John Dramani Mahama said at the inaugural event on Thursday, June 30, 2022.

The leader of the NDC accused President Akufo-Addo and his government of collateralising almost all of Ghana’s revenue sources.

He stressed that it is why the country’s challenges have been compounded with debt levels now at an all-time high.

John Dramani Mahama further warned that the NDC Members of Parliament will no longer allow the government to go for loans that are not project-specific.

He noted that while President Akufo-Addo’s appetite for borrowing has brought nothing better to Ghanaians, it has proven catastrophic and could get dire to worst.