NDC is practising Woyomenomics, not economics - Bawumia
The vice presidential candidate of the opposition New Patriotic Party (NPP), Dr Mahamadu Bawumia has stated that the National Democratic Congress (NDC) government has over the last eight years collapsed the economy despite having more resources than all preceding governments combined.
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According to Dr Bawumia, this was a result of practicing “Woyomenomics” instead not economics, suggesting also that all that the government has specialised in is to create opportunities for looting the state's coffers.
He explained that while the NPP practised proper economic management and thus did so much with very little resources, the NDC was busily dishing out monies to NDC financier Alfred Agbesi Woyome without a contract and despite the 51 million Ghana cedis scandal hanging around its neck, it still went ahead to give him another contract worth 35 million Ghana cedis.
Addressing party faithful at the party's final campaign rally held at the forecourt of the Ghana International Trade Fair Centre themed: ‘The Battle is the Lords’, Dr Bawumia said such economic management had led to the collapse of almost all social interventions instituted by the erstwhile NPP administration, adding that it is about time Ghanaians made "a choice between competence and incompetence, a choice between corruption and incorruptibility".
Dr Bawumia continued that the NPP administration under former President John Kufuor for eight years had only 20 billion Ghana cedis at its disposal but succeeded in developing the country by moving the country from 3.7 per cent annual growth to 9.1 per cent .
“That is why I said before that when you have corruption and you add incompetence it leads to an explosion of wahala all over the place. Wahala here, wahala there, wahala everywhere”.
“The leadership of the NDC government over the last four years under John Mahama has demonstrated without any question that they are the most corrupt government in the history of the country and they are an incompetent government at that,” he stated.
He further added that the future of the country was at stake and therefore Ghanaians should leave nothing to chance on December 7th by coming out in their numbers to vote out the NDC government.
Dr Bawumia expressed optimism that the NPP when elected into government will revitalise the economy and restore all social interventions that have collapsed under the Mahama administration.
"We are going to build a new economy, an economy that will be the most business-friendly economy and the most people -friendly economy on the face of Africa. We are going to make sure wealth is created for our people, prosperity for our people, and reduce the tax burden for our people", he assured.