The Dean of Graduate Studies at the University of Professional Studies (UPSA), Professor Kwaku Mensah Mawutor, has intimated that the current government has enhanced some of the performance indicators.
Professor Mawutor speaking on the Vice President’s address, indicated that the GDP even in the midst of crisis is improving. He stated that in the first few years of the current government, the people saw an improvement from 3.6 to almost more than 6 percent GDP.
“It is also evident that undoubtedly, the current government has enhanced some of the economic performance indicators.”
Professor Kwaku Mensah Mawutor
The Professor endorsed the data put out by the Dr Mahamudu Bawumia in his address on the economy, saying the figures were verifiable. “Some of the figures that were churned out, I verified some of them from the various platforms.”
According to Professor Mawutor, the address if looked at very well and looking at the descriptive analysis, Dr. Bawumia did a very good work by describing the performance of the NPP, juxtaposing it with the NDC’s.
However, the National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, stated that the Vice President is not willing to accept responsibility for his own economic mismanagement and the failings of the government. He asserted that the economy has not been enhanced by government as being purported.
“I couldn’t listen to the live address by the Vice President but I have taken time to read the 129 page speech he delivered. After I did so, I felt sad for this country because we have a Vice President who is very insincere and deceitful.”
Professor Kwaku Mensah Mawutor
Use of cooked figures and false statistical data
According to Sammy Gyamfi, there was the use of cooked figures and false statistical data to create an impression this government has done better when the true facts rather show that this country has had its economy deteriorated in the last five years. “That 129-page speech is full of blatant falsehoods and a litany of excuses that do not hold water.”
Touching on the said growth of the GDP, Sammy Gyamfi intimated that, “If you have an economy with three oil fields, you cannot be comparing GDP growth of such an economy to an economy that had only one oil field. President Kuffuor had one oil filed, Jubilee, which he bequeathed to the Mills/Mahama administration and that oil filed was giving this country averagely 70,000 barrels of oil per day.”
Sammy Gyamfi disclosed that due to President Mahama’s investment in the hydro carbon sector, by the time NDC was leaving office in 2016, it had discovered and was ready for commercial operationalization of two new oil fields, the TEN and Sankofa fields, which this government knows next to nothing about. “It was as a result of that, that the World Bank, the IMF and Economist Intelligence Unit in 2016 predicted a growth rate of 8 per cent for Ghana in for 2017, they predicted in 2016 even before elections were held and these people came into office.”
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