7.5 C
London
Thursday, March 28, 2024

NPP have proven to be better managers of the economy than NDC – Assibey-Yeboah

- Advertisement -
- Advertisement -

Business News of Wednesday, 22 November 2017

Source: www.ghanaweb.com

2017-11-22

Assibey Yeboah Parliamentplay videoMark Assibey-Yeboah, Member of Parliament for New Juaben South

Member of Parliament for New Juaben South, Mark Assibey-Yeboah has hailed the New Patriotic Party (NPP) as better economic managers in juxtaposition to the erstwhile John Dramani Mahama’s administration.

Speaking on the floor of parliament Tuesday, Assibey-Yeboah maintained that the governing NPP within 11 months in office has attained a remarking feet that the National Democratic Congress (NDC) could not achieve in 4 years.

He argued that the management team of the NPP was equipped to liaise with the International Monetary Fund (IMF) to secure credit facilities by meeting targets within a short period whilst slamming the NDC for drinking coffee during their tenure of office.

Mark Assibey-Yeboah said, “The impression is created that both parties are the same and the economic management is the same, it’s not the same. As a matter of fact, the NPP are better mangers of the economy. Mr. Speaker, in 11 months, what the economic management team headed by the Vice President and the Minister of Finance have, no wonder the President says the Minister is a magician”.

He chastised the National Democratic Congress for borrowing from International credit agencies only to flaunt their inputs which did not yield specific economic growth.

“What did we gain from under the NDC for joining the IMF? All the set out target that we missed, as a matter of fact, presently, all the International rating agencies have given Ghana an improved outlook of our credit rating. I just doesn’t happen, you need better managers of the economy to make it happen.

Assibey-Yeboah held that, during the NDC’s term in office, “every year they were going to the International Capital market, Eurobond market” which was a regular fixture of borrowing that did not bring any benefit to Ghana.

He credited the Akufo-Addo’s government for its intervention in locking down interest rates of the country, reiterating that it takes only the efforts of “better managers of the economy to make it happen”.

قالب وردپرس

Latest news
Related news
- Advertisement -