News:
November 21, 2018
Chairman of Parliament’s Finance Committee, Dr Mark Assibey-Yeboah has taken a swipe at the previous National Democratic Congress government and challenged the Minority to show Ghanaians who were members of their economic management team.
According to the chairman of the Finance Committee, the economic management team of the previous government was existence only in name.
“This time around we have Dr Bawumia heading the team, Senior Minister Yaw Osafo Marfo is there, he is a best form African Finance Minister, Ken Ofori Atta who is also a best Minister of Finance in Africa is there and Professor Gyan-Baffour, it has bearing on the budget”.
He added that in March this year “our bond was voted the best in Europe, Africa and the Middle East. Who put together the restructuring of the competent economic management team, the President, Ghana is working again, he pointed out.
He made this remarks at the start of the 2019 budget debate on the floor of the House.
The current government since it took over, had to extend the programme with the International Monitoring Fund (IMF), the previous administration derailed under the programme all indicators were missed in 2016, he said on the floor of the House.
“Let me show you, after twenty-two months this is the verdict, page 23 paragraph 100 of the 2019 budget we have improved all the macroeconomic indicators. You left a Gross Domestic Product (GDP) at 3.7 for 2018 it is 5.4, inflation is going down interest rate has gone down I am not the one saying international organizations have seen it and are saying it”, he pointed out.
Dr. Mark Assibey-Yeboah noted that the Minority should be applauding the current government who would take Ghana out of the IMF programme by the end of the year.
“Never again should we go to the IMF, again we have competent economic management team at the Bank of Ghana (BoG) world class economist there, as the President said the Finance Minister is becoming an asset”.
By: Kwaku Sakyi-Danso/ghanamps.com