News:
November 30, 2017
Chairman of Finance Committee of Parliament, Dr Mark Assibey Yeboah has stated the NPP are better managers of the economy.
According to him the government has achieved improved macro-economic indicators and shifted economy from taxation to production with positive results.
He noted that any time the NPP was in power, the macro stability is of the country was restored. He debunked criticisms against huge volumes of monetary allocations to the office of the President.
According him, the volumes of monies to those offices had increased because some of the government’s flagship programmes including the free SHS, One District, One Factory, the National Identity programme which were to be supervised by those offices.
Drawing a contrast between the current government and the immediate outgone one, Mr. Assibey-Yeboah said the debt of the country has reduced from 73 to 68 per cent of GDP, inflation from 15 to 11 per cent, real estate industry and manufacturing all growing, nuisance taxes abolished culminating into a total projected growth of 7.9 from 3.7 of GDP.
He said by these statistics, confidence in the Ghanaian economy was booming in leaps and bounds, touting the capabilities of managers of the economy under the current administration than their colleagues in opposition.
Former Minister for Transport, Franklin FiifiFiavi Kwetey raised issues with what he called credibility crisis facing the present government because it failed to acknowledge that the current growth of the economy was due to investment made by previous administration.
By Christian Kpesese/ ghanamps.com