MY NEPHEW, EVEN THE LATE PRESIDENT MILLS LOST TRUST IN MAHAMA
This is a retrospective commentary of the remedial history tutorials I gave to my nephew, and I would like to share with my dearest readers.
President Mahama’s critics continue to accuse him of being incompetent and corrupt. And, interestingly, Mahama’s critics maintain that their assertions are undergirded by two thematic factors.
First, the critics are claiming that President Mahama has failed to improve on Ghana’s socio-economic standards of living, hence the incompetent tag.
Secondly, the erstwhile Attorney General, Martin Amidu’s exposition about the late Mills apparent distrust of Mahama over the dubious aircrafts deal, which had invariably earned him corrupt appellation
As a matter of fact, the commentators of our economy have been predicting economic downslide since President Mahama and his NDC government took over the governance of the country (Bawumiah 2015, 2016; World Bank 2016).
For example, according to Dr Bawumiah, in the last seven years alone under this NDC government, Ghana’s total debt has ballooned from GH¢9.5 billion to a projected GH¢99 billion by the end of 2015.
“What is clear is that, 90% (i.e. GHC89.5 billion) of Ghana’s total debt since independence has been accumulated under this NDC government from 2009-2015 i.e. the last seven years” (cityfmonline.com).
Moreover, the high inflation rate remain elevated at 18.5% in February 2016 compared to 17.7% in February 2015, even after the Central Bank’s 500 bps policy rate hikes. Ghana’s economic growth slowed for the fourth consecutive year to an estimated 3.4% in 2015 from 4% in 2014 as energy rationing, high inflation, and ongoing fiscal consolidation weighed on economic activity (World Bank, 2016).
It is against this background that Mahama’s critics insist he is incompetent, and I have no reason to confute their claims, my nephew.
K. Badu, UK.