Thursday, December 03, 2015

BAWUMIA DAZES NDC...ON DUMSOR, CORRUPTION AND INCOMPETENCE

By William Yaw Owusu
Thursday, December 03, 2015

Dr Mahamudu Bawumia, New Patriotic Party (NPP) vice presidential candidate for the 2016 general elections, says President John Dramani Mahama cannot run away from the fact that his government has displayed abysmal performance and so must not be re-elected.

“After a catalogue of the state of our country, it is remarkable that the president will complain about the use of the word ‘incompetent,’ but we understand that His Excellency the President does not want us to use the word ‘incompetent’ to describe the performance of his government,” he said at a press conference organised by the NPP yesterday to critique the 2016 budget statement presented to Parliament recently by the NDC government through the Finance Minister, Seth Terkper.

“But it looks like His Excellency the President was only upset about the incompetence bit and not the corruption for reasons we have not yet been told. But possibly, his failure to protest at this other description is an acceptance of the generally accepted belief that he has lost the fight against corruption,” Dr Bawumia stated.

He indicated that the ranking of Ghana as the second most corrupt country in Africa by Transparency International in its latest report is an indication of the festering canker.

“Mahama has created a toxic mixture of incompetence and corruption. This has resulted in an explosion of suffering across the country,” he said.

NDC’s Expertise
He said since President Mahama does not want to be described as incompetent, the NPP set its mind to “finding out what the NDC government has been competent at doing in the last seven years.

“Actually, we have to admit that this NDC government is very competent at the following: mismanaging the economy, creating looting and sharing, propaganda, perpetuating dumsor, increasing unemployment and collapsing the NHIS.”

He also said the NDC members are masters in “cancelling teacher and nursing  trainee allowances, not meeting statutory payments, not paying contractors, making SADA guinea fowls run to Burkina Faso, collapsing industries, collapsing agriculture, causing massive exchange rate depreciation, massive unsustainable borrowing, causing high interest rates and failing to fulfil their promises.”

Corrupt Government
“As a matter of record, we want to reiterate that not only do we say that this NDC government is incompetent, we also add that the government is very corrupt.

He said corruption and incompetence of the NDC government had resulted in widespread suffering among Ghanaians, whether rich or poor.

“Teachers are suffering, teacher trainees are suffering, nurses are suffering, nursing trainees are suffering, patients are suffering, students are suffering, traders are suffering, pensioners are suffering, drivers are suffering, contractors are suffering, civil servants are suffering, farmers are suffering, industries are suffering and kayayei are suffering!”Dr Bawumia, a renowned economist, noted.

Mahama’s Propaganda Data
Dr Bawumia said that President Mahama’s recent analysis of Ghana’s debt stock where he said in Ho that 41% of Ghana’s external debt of $14 billion was accumulated by the NPP government between 2001 and 2008 can never be true.

“The president’s faulty data on the debt situation suggests either an unwillingness on his part to be honest (as was seen in his denial of the possibility of Ghana heading to the IMF) to the Ghanaian people on the reckless borrowing and where it has landed us, or the possibility that his economic advisors do not tell him the whole truth and thus, he does not appreciate the true scale of the mess.”

He observed, “It can be seen that as a result of the HIPC initiative and prudent borrowing, Ghana’s external debt stock actually declined from $6.1 billion in 2000 to $3.8 billion by 2008 (the first time in history). The debt has since increased by $10.2 to $14 billion in 2015. So how is what the president said in Ho possible? The facts therefore show that 72% of Ghana’s external debt stock and 90% of Ghana’s total debt stock were accumulated during the last seven years.”

NDC’s Credibility
Dr Bawumia said that the NDC government “has also proven over the last seven years that it lacks credibility in the management of the economy.”

He cited the importation of school uniforms - when it already had an agreement with a local printer in order to boost job creation - as a classical case of an incompetent government.

“The government entered an agreement with Printex for school uniforms to be manufactured in Ghana. Today, the textile industry is losing thousands of jobs and the government has reneged on this agreement. The government promised the allocation of GH¢100 million a year to SADA for 20 years. 

The allocation in the 2015 budget was GH¢25,000; when we complained, the allocation in the 2016 budget was a significant zero.”

Denials & Exposure
He said that the government denied that it had defaulted on repayment of loans to the AfDB only to be exposed by evidence and added that the government also denied that it had used the 2014 $1 billion Eurobond proceeds to repay Bank of Ghana debt until they were exposed by the facts.

He asked the government to explain what happened to the understandings reached at Senchi as contained in the Senchi Consensus report and said “it turned out, as we knew, to be a propaganda exercise.”

Dr Bawumia underscored, “The government denied that they would seek an IMF bailout.  They are denying that they will lay off civil servants in 2017. They promised to make Ghana the cleanest country in West Africa. Today, according to UNICEF, Ghana has placed second in cholera ranking in West Africa with 28,944 cases.”

Swapping Budget
The NPP vice presidential candidate said he had been informed that the 2016 budget that was submitted to Parliament “has apparently been replaced by another budget because the original budget submitted to Parliament was full of errors, adding that “This is not the hallmark of a serious government.

“It is time to change this government. It is time to build a new globally competitive economy with the NPP under the leadership of Nana Addo Dankwa            Akufo-Addo. The immediate goal is to make Ghana the most people-friendly and most business-friendly economy in Africa.”


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