Tag Archives: Economy

RECKLESS EXPENDITURE AS THINGS FALL APART


Ladies and Gentlemen of the press, good morning and welcome to another session of interaction with the Alliance for Accountable Governance (AFAG). Once again, in another challenging period of our lives as Ghanaians, we are faced with the harsh economic results of massive corruption, weak leadership and poor economic management. In this regard, and more than ever before, the masses of our people are confronted with the severe problem of high food prices, fuel cost and pending increases in the prices of utilities and allied expenditures.

Fellow Ghanaians, over the past 4 years, our cumulative debt stock since independence has increased well over 300% but with no value for money to the Ghanaian. The excuse by the president that, majority of such expenditure landed in the pockets of formal sector workers as a result of the introduction of the single spine salary structure is absolutely untenable in the face of high public expenditure due to ghost judgment debt payments, massive patronage, inflated cost of contracts, massive corruption allegations against government appointees, and a flamboyant campaign by the NDC.

Ladies & gentlemen of the press, the old notion by government that, the citizen will pay for their wasteful expenditures through the imposition of huge taxes is no longer true. There is therefore, the need for a positive action against government with respect to mass civil actions to press home our resolve that, the consequence of government’s mismanagement and poor leadership cannot be charged the Ghanaian. Continue reading

Ghana’s economic performance criticised by partners | General News 2013-03-07


Ghana’s development partners are unhappy with the state of the country’s economy and have voiced out their frustrations in a meeting with President John Mahama.

In a rare case of pointing out the flaws of a sitting government, Ghana’s development partners led by head of mission Claude Martew minced no words in describing Ghana’s economic performance as poor and far below expectation.

In a meeting with President John Mahama at the Flagstaff House in Accra on Thursday Martew expressed disappointment with the country’s fiscal performance last year. Continue reading

“Ghana Needs To Be At The Forefront Of West Africa’s Industrialization” – Nana Addo


SPEECH ON INDUSTRIALIZATION DELIVERED BY NANA ADDO DANKWA AKUFO-ADDO, NPP 2012 PRESIDENTIAL CANDIDATE, AT THE ST HILDA HOTEL, TARKWA, ON OCTOBER 23, 2012

Good evening, Ladies and Gentlemen, I am very happy for this opportunity to speak on INDUSTRIALIZATION, a subject that is fundamental to the NPP plans to transform the economy of Ghana, and to do so most appropriately in Tarkwa, one of the first mining/ industrial towns of our country.

At this time of the election campaign, those of us seeking the mandate of the people to manage the affairs of our nation have a responsibility to spell out our plans to help the people make informed decisions on December 7. The NPP has been consistent in its message about the need to transform the economy and to do so through industrialization.

Luckily for me, I feel this message, like the free SHS message, has found resonance with the people and so there would not be the need to explain why we need to industrialize. This evening I intend to talk about how we aim to achieve the goal of industrialization. Continue reading

SPECIALISTS IN LIES AND PROPAGANDA SHOULDN’T BE MANAGING OUR ECONOMY – BAWUMIA


Dr. Mahamudu Bawumia has bemoaned the current government’s focus on gaining propaganda value in the management of the economy instead of taking real steps to fix the economy and make life better for the ordinary Ghanaian.

Dr. Bawumia made the comments during an interaction with the media in Tamale as part of activities rounding up his seventeen (17) day tour of the Northern Region which has been described as very successful.

Responding to a question from Mohammed Boderigbin, Northern Regional Correspondent of the Ghanaian Observer, on his criticisms on the management of the economy, Dr. Bawumia said, “We talk about the economy because Ghanaians are suffering under what can be described as a basic mismanagement of the economy. Continue reading

Better Ghana Agenda A Big Joke – Nana Addo | Daily Guide Newspaper


The flag-bearer of the New Patriotic Party (NPP), Nana Addo Dankwa Akufo-Addo, has described the ruling National Democratic Congress government’s “Better Ghana Agenda” as a “spectacular failure”.

He said the agenda had been characterised by unfulfilled promises, inept leadership and corruption at the highest order, making it a mockery.

The NPP flag-bearer said Ghana could not afford to continue operating “an agrarian, raw material producing and exporting economy. It cannot generate the prosperity and the thousands of jobs that the economy demands.” Continue reading

I Will Drastically Transform Ghana’s Economy – Akufo-Addo | Politics | Peacefmonline.com


The flagbearer of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo has ended his tour of Ashaiman promising to transform Ghana’s current economy into an industrial economy.

Addressing traders and residents at Ashaiman, Nana Addo preached his message of free education policy and stressed the commitment of his party to develop Ghana drastically. “I want to make Ghana an Industrial economy, a manufacturing economy that will create jobs for the people of this country.” Continue reading

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