Former President John Dramani Mahama has said the economy is a very poor state due to the government’s excessive rate of borrowing.
According to the former President, all efforts by him to advise the government on the way forward have not been listened to.
“Our economy is in a poor state, they were borrowing at an excessive rate, we drew their attention to it and they asked us to shut up and that is because the Finance Minister is the cousin of the President and because he makes a commission for every dollar he borrowed for Ghana, we goes and bring a loan his bank Data bank are the ones who are the brokers and they make a commission from the loan”.
So, if you have a situation like this, are you surprised that we can’t pay our debt? Because of excessive borrowing?
He said: “80 of their MPs signed that petition and asked the President to remove this Finance Minister because he is incompetent up till today, he is the one managing our finances, taking pensioners’ monies, refusing to pay bondholders. Is not fair, and that is Ghanaians say NDC should come back and that is why I am certain by the grace of God, Isha Allah that NDC is going to win the 2024 election”.
He advised the people of the Upper East Region to be mindful of those who will come knocking on their door for votes.
“We must learn a lesson from the hardship we are going through. In the future, if somebody comes and says try me again, just tell the person to get out of here. We don’t need to try me try me again, we need experienced hands. They said NPP we have the men, we have the men, not knowing some area boys …. where are the men?
“NDC has the human resource to run this country, pound for pound if you compare NDC ministers and their output to what we have seen under this NPP Administration, they are not a match at all, no challenger. So Ghanaians are asking to come back and take the country and we can tell that the opportunity has opened up. He stressed
