Bawumia speaks on ‘The State of the Ghanaian Economy today

Running mate to the New Patriotic Party (NPP) flagbearer, Nana Addo Dankwa Akufo-Addo will today [Thursday] deliver a lecture on “The State of the Ghanaian Economy-A Foundation of Concrete or Straw’ as the nation inches towards the 2016 general election.

Dr. Mahamadu Bawumia, a former Deputy Governor of the Bank of Ghana who is described by NPP faithful as a consummate economist, is expected to present what is widely believed to be the true state of the Ghanaian economy ahead of the December 7 polls.

He gave similar lectures on the Ghanaian economy, predicting that with the level of profligate expenditure by the Mahama administration, government was going to run to the International Monetary Fund (IMF) for financial bailout.

Even though the President and his spin doctors stated vehemently just after one of Dr. Bawumia’s seminal lectures that the government would never go to the IMF, the Mahama administration made a dramatic u-turn by running to the Bretton Wood institution for cash.

Former President John Agyekum Kufuor will chair the programme that is expected to attract politicians, economists and members of the diplomatic corps.

Change of venue

Organisers of the lecture were compelled to move to the National Theatre for the event after the Accra International Conference Centre reportedly denied them access to the facility.

“The change in venue follows a decision by the managers of the Conference Centre (Ministry of Foreign Affairs) to deny organizers of the programme the use of the facility – 24 hours to the Public Lecture, despite earlier assurances and two days (last week Wednesday and this Monday 5th September) of technical meetings and arrangements between the organizers and technical men at the Centre, which concluded on among others, the Technical set-up for the event,” a statement signed by Bawumia’s press secretary, Kwabena Boadu explained.