The communications officer of the National Democratic Congress says per the government’s own projections as presented by the Finance Minister Ken Ofori Atta, economic growth rate rate reduced from 2.8% to 1.5%. The implications of that would be untold hardships on Ghanaians
“Less growth means jobs will suffer, incomes will suffer, Ghanaians will suffer more.
So this is not the time for the finance minister and government to say they are turning corners when that’s not the case”
He recalled under former President Mahama, the New Patriotic Party berated the former president whose administration grew the economy by 3.7% as a results of a faulty FPSO.
“The NPP castigated us, berated President Mahama, called us names, that was the time we had one oil field that could not produce oil because of a faulty FPSO.
They said 3.7% growth rate was abysmal was a mark of an incompetent government. Today you don’t have one oil fields, you have 3 and you don’t have any force-majeure”
Citing the performance of other economies within sub-region, Mr. Sammy Gyamfi said the the average growth rate was 3.6% and questioned why the Bawumia-led economic management team is doing less.
“Ivory Coast is projecting to do 6%, Nigeria is projecting to do 3.2% Mauritius is projecting to do 4.6%, Ethiopia 5.3%, Rwanda 6.2%. We are not even doing average, and we have projected to do 1.5%, which we can miss”
Mr. Sammy Gyamfi said the government must learn to tell the truth and respect the sensibilities of the Ghanaian people as the current narrative only goes to show they have very little respect for Ghanaians.
Mr. Sammy Gyamfi spoke on Good Morning Ghana on Metro TV with Dr. Randy Abbey.