The Presidential Candidate of the New Patriotic Party (NPP), Nana Addo Dankwa Akufo-Addo has stated that his party will rebuild the “shattered” Ghanaian economy and fix the mess created by the governing NDC government.
Nana was speaking at a meeting of Ghanaian and International businessmen and women, as well as professionals and students, organised by the Young Executive Forum (YEF) of NPP UK.
Nana Addo told the audience that Ghana was once the “poster boy of Africa’s rising narrative,” but this was only up until when the NPP government led by President Kufuor left office.
Nana Addo noted that democratic institutions were taking root in Ghana with a growth rate of 8 %. “This was the image that was visible to the world,” he stated.
He lamented that within 6 years after the President Kufuor regime, “we have a different image of Ghana today, a country with a struggling economy despite the numerous resources, including recently discovered petroleum resources at her disposal, a country back under the tutelage of the IMF, a Ghana that is not working in any circle, a broken society, and broken economy.”
Ghana today under the NDC and President Mahama, Nana Addo noted, is “in an even worst state than the NPP found it in the year 2000.”
Ghana’s growth rate, he added, has fallen to only 3% this year from a peak of 11-12% a couple of years ago.
“Rampant corruption, lack of proper planning and economic mismanagement of the country is what we find under the current NDC administration led by President John Mahama,” he noted.
“Ghana needs to be put back on the right track that President Kufuor’s administration placed it. Ghana needs to once again be the rising star and the hope of Africa and once again become the benchmark of a great African nation.
The road map to regaining this lauded status Nana stated, is to move away from simply being an exporter of raw and unprocessed agricultural products and instead, be in the position to add value to the raw materials and agricultural products that the country produces, with the aid of manufacturing technology.
To a standing ovation, Nana Addo stated that “my vision, is to make sure that within the next decade at least 50% of the export proceeds of Ghana come from Ghanaian industrial companies.
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