Former President and flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama has taken a swipe at President Akufo-Addo and the New Patriotic Party (NPP) stating the economy which they said was doing well is rather surviving on ventilators.
The former President said after just a month of tests on the economy following the COVID-19 pandemic, Nana Addo’s much talked about strong economy is in shambles.
“This government has used a lot of propaganda. They said the economy has been the best we’ve ever had since independence unfortunately just 1 month of coronavirus and the economy is in ICU,”
“If we didn’t run to IMF for the 1 billion rapid credit facility, it is possible that in the next two months, probably salaries could not be paid and so our economy is on the ventilators and it needs thinking to rescue it from the ICU.” – he said in a digital broadcast on Thursday night.
The former President in answering a question from a viewer about how he intends to revive the economy should he be elected as President in the 2020 general elections said the economy is struggling because it was built on propaganda.
“In reflecting on this question, this is one of the issues that we have continuously talked about that it is always necessary that when you are building an economy to have enough buffers and create fiscal space so that when you are faced with a shock or adversity, you are easily able to overcome it”.
“Unfortunately, this government has used a lot of propaganda saying the economy has been the best that we have ever had since independence. Unfortunately, just one month of coronavirus the economy is in ICU. If we didn’t run to the IMF for the one billion rapid credit facility, it is possible that in the next month probably salaries would not have been paid and so our economy is on ventilators, and it needs thinking to rescue it from the ICU,” Mahama said.
Meanwhile the Former President has advised the Akufo-Addo led government on steps to take to ensure that the economy gets back on its feet as soon as possible.
He said government must have enough buffers to create fiscal space so that when the country is faced with such adversity or any pandemic, the country can easily overcome it.
He indicated that another way to breakthrough from such a pandemic is for the government to make sacrifices.
Mahama explained that this sacrifice needed from government is to cut down the number of ministers as well as clean up the ‘bloated’ public service to save the country some money.