You are here: HomeBusiness2024 08 14Article 1945605

Business News of Wednesday, 14 August 2024

Source: www.ghanaweb.com

Dr. Bawumia, NPP promised 'Chef Failatu' performance but delivered 'Chef Smith' – Isaac Adongo

Isaac Adongo, MP for Bolga Central and Vice President, Dr Mahamudu Bawumia Isaac Adongo, MP for Bolga Central and Vice President, Dr Mahamudu Bawumia

The Ranking Member on the Finance Committee of Parliament, Isaac Adongo, has criticised the ruling New Patriotic Party for subjecting Ghanaians to a wave of economic hardship coupled with false hopes and promises to turn the country's fortune around.

According to Adongo, the current economic crisis has exposed the incompetence of Vice President Dr. Mahamudu Bawumia, who was hailed as an economic 'whizkid' by members of the NPP.

In a write-up authored by the Bolgatanga Central lawmaker, Adongo lambasted the Akufo-Addo-Bawumia administration for failing to deliver on its promises to the Ghanaian people since it assumed office.

He described their tenure as disastrous and blamed the current government for plunging the entire country into an economic mess through bad policies and actions.

“The annoying thing about all of this is that the NPP government ignored sound advice that could have saved everyone this mess by putting partisanship before prudence in the so-called financial sector clean-up exercise. They used the Bank of Ghana and Ernest Addison to collapse people’s businesses, illegally print money, and devalue the Cedi.

“They promised to reduce taxes but have imposed the most draconian. They trampled on truth and transparency requirements and prioritized corrupt and nepotistic procurement and contracting. They promised a Messi in a Ronaldo, called a Chef Failatu, but delivered a ‘Chef Smith’ in a Bawumia, to whom the word economics is now taboo.

“To think that in all of this, NPP government functionaries would show up and nonchalantly ask to be forgiven because of votes in the election season is even very distasteful, to say the least. People with a reputation for integrity would have stepped away and asked for a clean start. But no, these are a group of people who are out for their interest, not the interest of the average Ghanaian.

“The families of Akufo-Addo and Bawumia, together with their associates and influential members of the NPP party, have maintained a considerable degree of insulation from the prevailing challenges in our nation for a duration exceeding five years,” portions of his write-up indicated.

Adongo further expressed disappointment that NPP government officials were asking for forgiveness due to votes in the election season, rather than taking responsibility for their actions and accused them of prioritizing their own interests over those of the average Ghanaian.

Meanwhile, the ruling NPP has blamed external factors such as COVID-19 and the Russia-Ukraine war for the current economic crisis.

During a recent townhall meeting in Accra, Finance Minister Dr. Mohammed Amin apologized to Ghanaians for the hardships they were facing.

He mentioned that the government had implemented the Domestic Debt Exchange Programme (DDEP) as a necessary step to restructure the country's debt and secure an IMF loan facility to address the economic crisis.

MA/NOQ

Watch the latest edition of BizTech below:





Ghana’s leading digital news platform, GhanaWeb, in conjunction with the Korle-Bu Teaching Hospital, is embarking on an aggressive campaign which is geared towards ensuring that parliament passes comprehensive legislation to guide organ harvesting, organ donation, and organ transplantation in the country.

Click here to follow the GhanaWeb Business WhatsApp channel

Meanwhile, GhanaWeb is set to premiere a documentary on playwright Uncle Ebo Whyte on Monday, August 19, 2024. Watch the trailer below: