Minority says Ghana’s economic gains not due to government competence

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The Minority in Parliament has rejected claims that the recent improvements in Ghana’s economy under President John Mahama are a result of government competence.

Speaking at a press briefing on Monday, January 26, Minority Leader and Effutu MP, Alexander Afenyo-Markin, argued that external factors, rather than sound economic management, are responsible for the upturn.

He pointed to the role of the IMF program, debt relief, rising commodity exports, and reduced government spending as the main drivers of the economic gains, rather than reforms or initiatives by the current administration.

“We have been told that the economy is doing well. That is not in doubt. But the question is: is this success due to prudent management by the government, or is it simply the outcome of social interventions that have created opportunities for young, ambitious Ghanaians?” he asked.

He added, “We submit that the so-called gains were not born out of the government’s competence. Rather, it is the IMF program, debt relief, rising commodity exports, and reduced expenditure that are driving the upswing in Ghana’s economy—not any re-engineering or reform by the government.”