Richard Ahiagbah, the Director of Communications for the New Patriotic Party (NPP), has credited the former Akufo-Addo administration for laying the groundwork for the current economic recovery.
He accused Dr. Cassiel Ato Forson, the current Finance Minister, of claiming credit for the NPP administration’s accomplishments.
A post on his X page said that “Let’s be clear that what Dr. Ato Forson and the NDC are celebrating about the economy is actually everything they opposed and encouraged Ghanaians to resist when they were in opposition:
- The 2023 IMF ECF program the NPP negotiated.
- The DDEP and the external debt restructuring the NPP undertook.
- The fiscal consolidation measures aimed at speeding up debt sustainability.
He added “In fact, the NDC opposed every tough but necessary decision made by the NPP government and labeled them insensitive and attacks on Ghanaians. But here we are: Dr. Ato Forson and the NDC are standing before Ghanaians in Parliament to claim credit for the recovery they opposed. The truth is, while it was tough, the Akufo-Addo-Bawumia Administration showed leadership amid great adversity and, together with Ghanaians, regenerated the economy.
“Dr. Ato Forson, in his heart, knows who did the work, but he is taking the credit without acknowledging the one who catalyzed it. You know who did the job, don’t you? Stealing credit from the NPP will not do much to save the NDC from the imminent defeat in 2029.”
His remarks follow Dr. Cassiel Ato Forson’s assertion that the nation’s economy has transitioned “from the Intensive Care Unit (ICU) to the Wellness Center.”
He claims that Ghana has now transitioned from crisis-driven economic management to long-term macroeconomic recovery.
On Thursday, May 28, Dr. Forson gave an update to Parliament on the progress made in reestablishing macroeconomic stability and debt sustainability ahead of schedule. He informed lawmakers that Ghana is now positioned as a reliable reform partner capable of managing its own economic trajectory rather than as a nation in need of financial rescue from outside creditors.
“For Ghana, this marks an important shift from seeking financial bailout to engaging as a credible reform partner while continuing to benefit from policy discipline, external validation and strengthened investor confidence,” he said.
The Minister affirmed that, pending formal approval by the IMF Executive Board, Ghana has successfully finished the last review of its current Extended Credit Facility (ECF) program, which is backed by the IMF. After reaching that milestone, the nation will switch to a Policy Coordination Instrument (PCI), a non-financing arrangement that prioritizes technical assistance, policy monitoring, and reforms over financial support.
Source:Mybrytfmonline.com
