CONFIRMED: ONE VILLAGE ONE AIRPORT - VICE PRESIDENT PROMISE
Vice President Paa Kwesi Amissah Arthur says NPP Vice-presidential candidate failed to demonstrate an understanding of basic economics when he delivered a lecture castigating government for its failed economic policies.
He said Bawumia got it “very wrong” when he claimed that government has strangled economic growth because it pays huge interests on loans than it invests in the economy.
At an economic lecture organised last week Thursday, the former deputy Governor of the Bank of Ghana, Dr. Mahamudu Bawumia accused government of recklessly mismanaging the nation’s economy.
In a bashing spree, Bawumia said that economic data from 2014 to date shows that interest payments have now incredibly exceeded infrastructure expenditure.
“How can an economy be on an upward growth path when interest payments exceed infrastructure expenditure?” he jabbed and called on Ghanaians to vote out the governing NDC during the December general elections.