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Thursday, October 31, 2024

NPP has failed Ghana economically – Dr. Spio-Garbrah

Former Minister and Chairman of the National Democratic Congress (NDC) Business Development Committee, Dr. Ekow Spio-Garbrah, has criticized the New Patriotic Party (NPP) for failing to effectively manage Ghana’s economy.

Comparing NPP’s economic leadership with that of former President John Mahama, he contended that Mahama’s administration was more effective and had greater oversight.

In an interview on Asempa FM’s Ekosii Sen show, Dr. Spio-Garbrah argued that, while the Economic Management Team (EMT) exists, ultimate control lies with the Finance Minister, whose close relationship with the President has made accountability difficult.

He highlighted that, despite attempts by over 90 NPP Members of Parliament to remove the Finance Minister, President Akufo-Addo’s support enabled him to remain.

“John Mahama has relevant experience in managing the economy; he performed better than the current chairman of the Economic Management Team, Bawumia. The NPP has failed the country. Although there is an Economic Management Team (EMT), the finance minister holds ultimate power, depending on how the president manages the situation.

“Under previous administrations, the EMT did not have such power, but because the finance minister is the president’s cousin, it is difficult to control him. Even when the majority of MPs wanted to remove the finance minister, their efforts were unsuccessful because the president did not support it.

“Whatever actions the finance minister took were with the president’s knowledge and approval. The nepotism was evident,” he said.

Source: Adomonline

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