Mahama’s only solution to the economic problems is going to the IMF – Buaben Asamoa

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The Director of Communications for the New Patriotic Party (NPP) Yaw Buaben Asamoa has said former President John Dramani Mahama and the National Democratic Congress (NDC) have no better programmes and policies in solving the economic challenges than the governing New Patriotic Party (NPP).

He said Mr Mahama’s only solution to the challenges is, going to the International Monetary Fund (IMF) for policy credibility.

He was reacting to the Economist Intelligence Unit (EIU) five-year forecast for Ghana, released on April 13, 2022 which said the NDC will win the 2024 elections but that will only happen without Mr Mahama as their candidate.

“Our baseline forecast is that ongoing public dissatisfaction with the slow pace of improvements in governance—such as infrastructure development, job creation and easing of corruption—will trigger anti-incumbency factors and push the electorate to seek a change.

“The NDC therefore stands a reasonable chance of winning the 2024 elections,” the EIU said.

The report further said that it expects Ghana’s underlying political stability to endure over the forecast period, despite a highly acrimonious party-political landscape.

The fierce rivalry between the two major parties—the ruling New Patriotic Party (NPP) and the opposition National Democratic Congress (NDC, the EIU said, will remain the core feature of the political scene.

“A razor-thin NPP-led working majority in parliament (with 138 out of 275 seats) implies that achieving consensus on contentious reforms, including planned tax rises, will prove tumultuous. In November 2021 the minority government rejected the proposed 2022 budget bill over the introduction of an electronic-transaction levy (e-levy); this was later reversed, and the 2022 budget bill was passed by an NPP-led majority, albeit without the e-levy clause.

“Similar issues with achieving consensus on major legislation will slow policymaking and test the government’s strength throughout the remainder of its term (until 2024). We expect a transfer of power to the NDC in the 2024 elections, driven by anti-incumbency factors and public dissatisfaction with the current government.

“However, irrespective of who retains power, we expect policy continuity in the medium term, with a focus on improving food security, industrialisation and economic diversification. The new government will face similar challenges to its predecessor, but overall political stability will prevail,” the report said.

It further indicated that public discontent with the government stems from factors such as rising prices (stoked further by the Russia-Ukraine war),

Speaking on Accra-based Joy FM, Mr Buben Asamoa who is a former Member of Parliament for Adentan said on Tuesday April 19 that “Have they produced anything that addresses employment creation? Have they produced any thing that is credible enough infrastructure?

“Have they produced anything that will fight corruption better than what we are doing at the moment? The resounding answer is no. John Mahama’s solution is the IMF, and his own party has indicated that. We believe that he doesn’t have anything beyond the IMF.”

By Laud Nartey|3news.com|Ghana

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