Bawumia was insincere; he used cooked figures for his economic address – Sammy Gyamfi

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The National Communications Officer of the National Democratic Congress (NDC) Sammy Gyamfi has accused the Vice President, Dr Mahamudu Bawumia of using cooked figures for his analyses of the Ghanaian economy.

He said he felt sad for Ghana after reading the entire speech which was delivered by the Vice President because in his view, Dr Bawumia was insincere and failed to accept responsibility for the failings in the economy.

Speaking on the Key Points on TV3 with host Dzifa Bampoh, Sammy Gyamfi said “I couldn’t listen to the live address by the Vice President but I have taken time to read the 129 page speech he delivered. After I did so, I felt sad for this country because we have a vice president who is very insincere and deceitful.

“The Vice President who is not willing to accept responsibility for his own economic mismanagement and the failings of this government. That 129 page speech is full of blatant falsehoods and a litany of excuses that do not hold water. The use of cooked figures and false statistical data to create an impression this government has done better when the true facts rather show that this country has had its economy deteriorated in the last five years.”

Dr Bawumia in his address said among other things that Ghana is directly affected by the ongoing geopolitical tension between Russia and Ukraine.

He explained that Russia accounts for some 30 per cent of Ghana’s imported grains , 50 per cent of flour and 39 per cent of fertilizer.

The warfare therefore affected the local economy, he said.

“The increase in commodity prices has been exacerbated by the Russia-Ukraine conflict. Russia and Ukraine together account for 30 per cent of the global wheat export. The longer the conflict the greater will be the disruptions to global food supply. The country is also likely to slow global growth.

“According to the AfDB the price of wheat has shot up by 62 per cent since the war begun. The price of fertilizer is up by 300 per cent, the price of maize is up by 36 per cent since the war begin . Here in Ghana 60 per cent of our total imports of iron ore and steel are from Ukraine.

“Russia accounts for some 30 per cent of Ghana’s imported grains, 50 per cent of flour and 39 per cent of fertilizer . So we are directly affected by the Russia-Ukraine ware. Unfortunately, we do not know when it will be over. The global increase in fuel prices is causing hardship.”

By Laud Nartey|3news.com|Ghana

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