Former President, John Mahama has revealed that he incompetence of the sector minister and the entire entire Akufo-Addo regime accounts for the depreciation of the Cedi.
Speaking at a lecture on the economy on Thursday, he stressed that the incompetence of the sector minister and the entire entire Akufo-Addo regime accounts for the depreciation of the Cedi and the other economic challenges plaguing the country.
According to him, the President’s seeming inability to remove Mr. Ofori-Atta from office is making the situation worse.
“To be clear, we’re in this mess because of an untouchable Finance Minister relying on his Databank workers and neglecting the advice of seasoned experts at the Finance Ministry. He has been left to run this economy into the ground’.
We’re in this mess because of the so called solid Economic Management Team, who over the last several years has been unable to call the President’s cousin (Ofori-Atta) to order when he embarked on a reckless borrowing spree”.
“For the avoidance of doubt, we in the NDC will not have dared been reckless or would we have been allowed to be irresponsible in the handling of the public purse and the nation’s resources as the NPP has done.
We would not have been reckless and even society would not have allowed us to do some of the things that they have done. We’ve had our set of challenges in government. But nothing we did, or the outcome thereof has come anyway near close to the disaster unfolding before our eyes today”, he said.