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‘President Mahama Is Only Interested In Winning Election 2016, Not Fixing Economy’
 
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23-Sep-2014  
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Dominic Nitiwul
 
 
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The Deputy Minority Leader in Parliament, Dominic Nitiwul has accused President Mahama of only interested in winning power in the 2016 general elections instead of fixing Ghana’s ailing economy.

According to Hon Nitiwul, the recent spate of sod cutting events by President Mahama in the various regions is a clear indication that he wants to secure another four year term in office instead of adopting strategies to stabilize the economy.

Dominic Nitiwul, who also doubles as the New Patriotic Party (NPP) Member of Parliament for Bimbilla was speaking with Afia Pokua (Vim Lady) on Adom FM’s “Burning Issues” program.

A team from the International Monetary Fund (IMF) is in Ghana to talk on a possible IMF-supported programme aimed at stabilizing the economy of the West African country as its local currency – the Ghana Cedi – depreciates against major foreign legal tenders.

President John Mahama early last month directed that immediate initiatives be taken to open discussions with the IMF and other development partners in support of Ghana’s programme for stabilization and growth.

According to President Mahama, the decision to open discussions with the IMF was not because of the failure of government’s own home grown solutions, but rather because of the need for policy credibility and confidence from international financial institutions, capital markets and investors for the measures being implemented to restore economic stability and growth.

But Dominic Nitiwul says the negotiations by government and the IMF will not yield any positive results for the people of Ghana because the conditionalities attached to such an offer.

“President John Mahama and his NDC party are very good in organizing and winning power but they cannot be trusted when it comes to good governance” the Bimbila MP emphasized.

But speaking on the same Adom FM’s “Burning Issues” programme, a former deputy Finance Minister, George K. Ricketts-Hagan denied claims by the minority that there will be massive job cuts in the public sector if government accepts the IMF bailout.

He pointed out that Ghana has been a member of the IMF for decades, and it would be strange for the Bretton Woods institution to impose such a drastic measure.
 
 
 
Source: Adomonline.com
 
 

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