Former president John Dramani Mahama has said that business confidence is down under the Nana Addo led Administration.

Speaking at the 9th Delegates Congress of the National Democratic Congress at the Ghana International Trade Fair Center at La Saturday, he said: “…today’s business confidence is down and economic activity is at a standstill. People are crying of hardship in the economy.”

According to him, development under his administration was visible for all to see.

He further lashed out at the Akufo-Addo administration, saying its approach to the banking crises has created panic amongst the country’s financial institutions.

“…the collapse of banks under this current government is causing panic to citizens and has affected small and medium enterprise lending and has led to significant job losses,” he stressed.

Touching on corruption, ex-president Mahama noted that the National Democratic Congress (NDC) had better records in terms of regime accountability.

“The NPP has proven in government it is always reluctant to pursue their own despite the swelling stench of corruption around their administration.”

“The true test of fighting corruption is to hold your people accountable when they go wrong and so far the president has failed this test,” he fired.

“…We must be proud of our party and proud of our records in government” he charged NDC members.