Dr. Mahamudu Bawumia, the NPP’s vice president and presidential candidate, has called out former President John Mahama for his appalling performance across the board in terms of economic assessments.
Dr. Bawumia dismissed former President Mahama’s assertions on his Facebook page that the present NPP government is a failure in a scathing speech in Nungua, in the Krowor Constituency of the Greater Accra Region.
Dr. Bawumia responded by mocking former President Mahama for not comprehending economic facts, arguing that if he did, he wouldn’t be contrasting the NPP’s record with his “failed government” even though all available economic data demonstrated the NPP’s superior performance.
“He said he has performed better than us and I said if you believe you performed better, come for a debate. But he has run away” Dr. Bawumia said.
“I hear he has written on his Facebook that NPP is a failed government. Then I said maybe he doesn’t understand the economy. He either does not read the data or he does not understand the data. He doesn’t understand,” Dr. Bawumia said, as he launched a fiery counter response on all economic indicators.
“I want him and those around him to listen to me this evening so I explain the data to them, so that they will get an understanding. Let me tell him that when it comes to the economy, over all GDP during your government, is lower than ours. We have performed better than you,” added the Vice President.
“When it comes to the economy in terms of agriculture growth, we have performed better than you. In terms of industry growth, we have performed better than you. In terms of budget deficit to GDP, we have performed better than you. The primary balance, we have performed better than you. The trade balance, we have performed better than you. The current account balance, we have performed better than you. Gross international reserves, we have performed better than you.”
Amid thunderous applause from the audience, Dr. Bawumia went on to discuss the currency rate, stating that the pace of depreciation is a good indicator of performance.
Regarding this, he stated that while if the current government, like all governments, has been impacted by the global economic crisis, its record of exchange rate depreciation is superior to that of Mahama’s administration, which was spared from dealing with the issue.
”Let me tell you about the exchange rate. I want them to listen because they don’t understand,” Dr. Bawumia said.
“When it comes to the exchabge rate, we measure performance by the rate of depreciation. So if you look at the NDC period of 8 years, the rate of depreciation was 74% without a global crisis. No covid crisis. No Russia-Ukraine war. No global economic recession.”
“Under the NPP, as at today, after 8 years in office with a global economic crisis and with covid pandemic, we have depreciated the cedi by 72% which is lower than their depreciation. So if they say that we have mismanaged the cedi, then they mismanaged it worse than we have, without a crisis.”
Data, according to Dr. Bawumia, indicates that the current NPP government has outperformed Mahama in a number of other sectors.
“Jobs, we have created more jobs than him. 2.3.m jobs. He was creating unemployment. He wasn’t creating jobs.”
“We have built more roads than him. We have built more airports than him. We have built more railways than him. We have built more interchanges than him. We have built more hospitals than him. We have built more schools than him. We have built more astro turfs than him. We have built more sports facilities than him. We have built more sanitation facilities than him. We have built more courts than him. We have built more public libraries than him. We have built more fish landing cites than him. We have brought more drones into tje economy.we have done more scho feeding than him. We have restored teacher training allowances, restored nursing training allowances. We have e brought free TVET and we have brought Free Senior High School Education.”
In his remarks about digitalization, Dr. Bawumia also criticized former President Mahama for his subpar record and poor performance.
“We have brought the Ghanacrad which he could not issue. We have brought the digital address system to Ghana. We have brought mobile money interoperability, brought e-pharmacy, brought paperless ports, brought e-health into Ghana.”
“By all account, if you look at the data on the economy, from top to bottom, we have performed better than him.”
“He should go and check the data and understand the data before he comes out to speak on the economy. We have performed better than him in all ways.”
Regarding the aforementioned “failed government” issue, Bawumia took a satirical stance toward Mahama, claiming that the NPP has not been able to duplicate many of his mistakes when he was president.
“He said we are a failed government. I want to tell him that we have rather failed to do 4 years of dumsor,” Bawumia hit at Mahama sarcastically.
“We have failed to cancel teacher training allowance. We have failed to cancel nursing training allowance. We have failed in the policy of no chalk in schools. We have failed in three months pay policy for teachers.”
He continued: “We have failed in the SADA guinea fowl project. We have failed in collapsing the NHIS. He collapsed it. He collapsed the ambulance service. We have resuscitated it.”
“And he had green book project for development. We don’t have that. So of there is any failure, it is his which was a failed government.”
“He should come and debate me, one on one. And we will see who has succeeded and who has failed. He should come and debate me and we will get into the data.”
Source: newsthemegh.com