Former National Democratic Congress (NDC) Member of Parliament for North Dayi, George Loh, has said the governing New Patriotic Party (NPP) are bad managers of the economy.
In his view, the economic management team has not been able to implement policies to lift the economic conditions of Ghanaians.
Speaking on the Key Points on TV3 Saturday April 23 with Dzifa Bampoh, he said that “NPP has demonstrated that they are bad managers of the economy.
“The world bank has said that pre-#COVID19 we were already on a downward slide and they got 2m dollars of free money due to it. #Covid19 was a blessing to the NPP.”
But NPP’s Western Regional Secretary, Charles Bissue disagreed with him.
“Let’s look at all the policies and review them to see if they will inure to the benefit of Ghanaians,” he also said on the same show.
Meanwhile, the government is implementing measures to deal with the economic challenges.
Finance Minister Ken Ofori-Atta announced on Thursday March 24 that with immediate effect, the government has imposed a complete moratorium on the purchase of imported vehicles for the rest of the year.
He said this will affect all new orders, especially 4-wheel drives.
“With immediate effect, Government has imposed a complete moratorium on the purchase of imported vehicles for the rest of the year. This will affect all new orders, especially 4-wheel drives. We will ensure that the overall effect is to reduce total vehicle purchases by the public sector by at least 50 percent for the period,” he said.
“Again, with immediate effect Government has imposed a moratorium on all foreign travels, except pre-approved critical/statutory travels; Government will conclude on-going measures to eliminate “ghost” workers from the Government payroll by end December 2022;
“Discretionary spending is to be further cut by an additional 10%. The Ministry of Finance is currently meeting with MDAs to review their spending plans for the rest of the three (3) quarters to achieve the discretionary expenditure cuts; ii. these times call for very efficient use of energy resources.
“In line with this, there will be a 50% cut in fuel coupon allocations for all political appointees and Heads of government institutions, including SOEs, effective 1st April 2022,” he added.
By Laud Nartey|3news.com|Ghana