Business News of Friday, 11 June 2004

Source: --

NPP Incurs ?75 Billion Debt ? Benyiwa Doe

The National Democratic Congress (NDC) has criticized the New Patriotic Party (NPP) for what it describes as the incompetence and inept manner that latter is handling the economy.

According to the NDC Member of Parliament (MP) for Gomoa West, Mrs. Ama Benyiwa-Doe, the inefficiency of the NPP is amply manifested in the whopping ?75 trillion debt with which it has saddled the economy three and half years into its rule.

The shameful aspect of it all, Mrs Benyiwa-Doe claimed, is the shoddy sources of some of the loans. ?They (NPP) have collected loans from people who sell pressure pumps, barbering salon which shows the disgraceful acts they are displaying.?

The Gomoa West MP made these scathing statements when she addressed the last June 4 celebration event held at the Arts Centre in Accra last Friday. The event which was patronized by exponents of principles of June 4 and NDC party faithfuls was addressed by the party?s founder, Flt-Lt. Jerry John Rawlings, the General Secretary, Dr Josiah Aryeh, among others.

The NPP, Mrs Benyiwa-Doe stated, is indulging in a grand deceptive game by claiming that inflation has declined while prices of goods and services are sky rocketing. The NPP, she further alleged, is insensitive to the plight of children because it is unconcerned about the prevailing high infant mortality. She, however, failed to provide statistics to buttress her point.

Former President Rawlings, in his typical characteristic fashion, attacked the NPP regime for allegedly wasting the country?s meagre resources on the importation of arms from Israel to intimidate the electorate during the December 2004 elections.

He then took a swipe at the NPP for what has been bandied in NDC circles as the NPP Private Army. ?They recruited people from both the military and the police service but they saw that they could not use them for their foolish acts. So they are not using people from their selected tribes. Even as we are her now, they have sent some of them all round the country.?