NPP manifesto Ghana's debt hits GH¢110 billion - Bawumia

Dr. Bawumia challenged the government to disclose the true position of Ghana’s debt as at the end of December 2015.

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Dr. Mahamudu Bawumia, NPP Vice-Presidential candidate, has stated that Ghana’s total public debt has hit almost GHC110 billion this year.

At the launch of the party's manifesto in Accra, Dr. Bawumia challenged the government to disclose the true position of Ghana’s debt as at the end of December 2015.

 

Read more: Development is in "NPP's DNA" - Kufuor

He said in the last seven years alone under the NDC government Ghana’s total debt has ballooned from GH¢9.5billion to GH¢99 billion by the end of 2015.

Dr. Bawumia noted that he was amazed that the government despite having all the data on the true state of Ghana’s debt, could still attempt to mislead Ghanaians on the issue.

Speaking on the recent ratings by Moody's on government's performance, he said, “Moody's did not upgrade Ghana's rating, the rating is still B-, it's only the outlook that's been revised."

On the part of former President John Agyekum Kufuor, he said, “We [NPP] need to create jobs and create wealth because there is nowhere that poverty has been used to conquer poverty. We believe in creation of wealth. That is what the NPP is about."

However, Policy Advisor of the party, Boakye Agyarko said change is a must in the December general elections.

“Change is coming, yes we can, yes we must,” he said.

He added “Fundamentally, Ghana’s problem is not about resources, our problem is efficient and honest management of our resources.”



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