The economy has crumbled under Akufo-Addo and Bawumia – Mahama

The economy has crumbled under Akufo-Addo and Bawumia – Mahama

By: 3news

Former President John Dramani Mahama has said that President Nana Addo Dankwa Akufo-Addo and Vice President Dr Mahamudu Bawumia, who heads the economic management team, have ruined the Ghanaian economy.

Mr Mahama stated that the current administration’s debt condition is worse, indicating a weak economy.

On Monday, January 24, he issued a statement after joining the NDC parliamentarians for the concluding session of their 2022 Caucus Retreat.

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“It was a positive session as they prepare to resume sittings, and it came after a year in which they displayed their commitment to pursuing the wants and interests of their constituencies and Ghanaians in general in the House,” he said.

“Our MPs and the leadership have done very well in holding government accountable and on behalf of the general membership of the National Democratic Congress (NDC), I expressed our appreciation to them.

“It is important for MPs, as stressed by other speakers and the leadership, to always remember that they are representing the people and are also in the House to represent the NDC.

“The NDC remains opposed to the imposition of the numerous fresh taxes on Ghanaians at a time when Government is living large and unwilling or unable to trim expenditure, cut waste and check corruption.

“These burdensome taxes will erode business capital, especially at a time when Government has crowded out the private sector’s access to credit by its voracious appetite for borrowing.

“The Ghanaian economy has been collapsed by President Nana Akufo-Addo and Dr. Mahamadu Bawumia.

“The debt crisis, for which there are very few tangible projects to show for, and worsening economic hardship of Ghanaians amply demonstrate the negative impact of a collapsed economy.”