The 2016 flagbearer of the Progressive People’s Party, Papa Kwesi Nduom has said that his government will not spend huge sums of money on “showcase projects” and “fancy flyovers” as part of ways to reduce the debt burden in the country.

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Speaking at this year’s presidential debate by the Institute of Economic Affairs, Dr Nduom said Ghana is at “dangerous times. It is time to be lean. We will not use state funds to fund campaigns in power. Mahama will leave me with a huge problem if elected because much of the resources have been spent on campaign. We will stop the showcase projects, no fancy flyovers. Who is going to pay for that?"

He believed that “Corruption is one area siphoning our monies. Our money is being dashed left right and centre with no accountability.”

Three out of seven contesting candidates took part in this year’s presidential debate by the Institute of Economic Affairs. The IEA has this year struggled to get the full complement of presidential aspirants for its presidential debate series organized every election year.

The three  candidates in this year’s debate were; Dr. Edward Nasigre Mahama(PNC), Dr. Papa Kwesi Nduom(PPP) and Jacob Osei Yeboah, an independent candidate.

The IEA had earlier stated all was set to hold the debate that many expected to feature the two leading candidates in the 2016 presidential race.

Unfortunately, the governing National Democratic Congress’ John Dramani Mahama and the New Patriotic Party’s Nana Akufo-Addo were not present.

Former first lady and presidential candidate of the National Democratic Party Nana Konadu Agyeman Rawlings and the CPP flagbearer, Ivor Greenstreet did not also take part in the debate.

Dubbed IEA Presidential Townhall 2016, the event focused on issues regarding the economy and private sector development.