Dr. Mahamudu Bawumia, Vice Presidential Candidate of the New
Patriotic Party, has called on the ruling National Democratic Congress and its
economic managers to accept the blame for the poor shape of the Ghanaian
economy and to stop offering excuses and blaming textbooks and economic
theories as was heard when the NDC unveiled its running mate days ago.
Dr. Bawumia who is on a 16 day tour of the Northern Region made
the comment while speaking to a charged crowd of thousands of NPP supporters in
Chereponi on Wednesday afternoon.
Touching on the current state of the economy, he said “just yesterday, I heard that some blame was
being put on economic theory and text books for Ghana’s woeful economic
performance. Economic mismanagement and wrong economic policies are at the
heart of the NDC failure to manage the Ghanaian economy. It isn’t textbooks or
economic theory that should be blamed for the economic mismanagement of the NDC
It is not text books or economic theory that is causing high cost
of living in Ghana; it is not text books or economic theory that is causing
high interest rates in Ghana. Government is supposed to have single digit
inflation but government is borrowing at over 20%. How do you blame that on
economic theory? It is not economic theory or textbooks that are causing high
youth unemployment in Ghana. It is not economic theory that is causing the
collapse of the cedi. It is not economic theory or textbooks that are asking us
to pursue an economic policy of ‘woyomization’. I don’t know of a textbook that
has been written on ‘woyomization’, so you cannot blame ‘woyomization’ or your
own poor management of the economy on any textbook. You cannot blame the
collapse of the NHIS on a textbook or theory” he said.
Dr. Bawumia likened the NDCs new excuse of blaming textbooks and
economic theories to a doctor who
after administering the wrong treatment to a patient leading to the death of
the particular patient attempts to blame the books he read in medical school or
claim that he or she is using his or her own methods to treat patients.
“One
would have taken this doctor seriously if the patient was actually alive and
kicking. But if the patient is dying or dead why should anyone believe that
this doctor knows what he is doing or his left from his right?” He quizzed.
The former Country Representative of the African Development Bank
in Zimbabwe reminded the current managers of the Ghanaian economy that the
economy cannot and must not be managed on a trial and error basis and assured
them that New Patriotic Party (NPP) is not going to sit idle and watch while
the people of Ghana are misled.
The Chereponi constituency is the fifth constituency to have been
visited by the NPP Vice-Presidential candidate since the commencement of his
Northern Regional Tour.
The Running Mate to Nana Akufo-Addo was accompanied to Chereponi
by former Vice – President, Alhaji Aliu Mahama, Sheik T B Damba, 2nd
National Chairman of the NPP, Mustapha Hamid, spokesperson to Nana Akufo-Addo,
Hajia Alima Mahama, former Minister under the Kufuor administration, Mohammed
Amin Anta, former Chief Executive of the Tamale Metropolis among many others.
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