Former Finance Minister and aspiring Presidential Candidate of the opposition National Democratic Congress (NDC), Dr. Kwabena Duffuor has assured that regardless of the extent of destruction caused to the economy by the Akufo-Addo led government, the NDC under his leadership will turn the economy around.
According to Dr. Kwabena Duffuor, he has a proven track record of implementing policies that led to single digit inflation, sustainable economic growth, job creation and poverty reduction therefore when given the nod to lead the NDC to victory in 2024, he will transform the economy.
“We have done it before. During late Atta Mill’s era, we inherited a terrible economy, but by the grace of God and the fact that NDC had competent people, the economy was turned around. So be patient. Regardless of the state in which Akufo-Addo will leave the economy, we will turn it around. They have borrowed all over the world. They know how to secure loans, but they don’t know how to pay. Now they are begging. This is a shame.They are going round begging. ”
Dr. Duffuor continued, ” We will fix the economy and create more jobs for the youth to get employment opportunities. Just be patient. Don’t be thinking so much about the economic mess created to get blood pressure. In 2008/2009, we did it.
Inflation came down to 8.5% for about 31 months, and unemployment dropped to 2.2%. It will happen again, so don’t be sad.”
The former Central Bank Governor, in 1999, was recognized as one of the four best in the world.
The former Finance Minister and aspiring Presidential candidate for the opposition National Democratic Congress NDC, has assured that regardless of the extent of destruction caused to the economy by the Akufo-Addo led government, the NDC under his leadership will turn the economy around.
According to Dr. Duffuor, he has a proven track record of implementing policies that led to single digit inflation, sustainable economic growth, job creation and poverty reduction therefore when given the nod to lead the NDC to victory in 2024, he will transform the economy.
“We have done it before during late Atta Mills’ era we inherited a terrible economy, but by the grace of God and the fact that the NDC had competent people, the economy was turned around. So be patient. Regardless of the state in which Akufo-Addo will leave the economy, we will turn it around .They have borrowed all over the world .They know how to secure loans, but they don’t know how to pay. Now they are begging. This is a shame.They are going round begging. ”
Dr.Duffuor continued, ” We will fix the economy and create more jobs for the youth to get employment opportunities. Just be patient. Dont be thinking so much about the economic mess created to get blood pressure. In 2008/2009, we did it. Inflation came down to 8.5 for about 31 months, and unemployment dropped to 2.2%.It will happen again, so don’t be sad. ”
The former Central Bank Governor, recognized as one of the four best central governors in the world in 1999, stated during his address to party delegates and supporters of the NDC in the New Juaben North Constituency to kick-start his 4-day campaign tour of the Eastern region, that the NDC must be financially sound, buy shares in multimillion companies just as major political parties in South Africa, Japan and some other countries have been doing in order to fund its political activities.
He said the “Ahotor Project” is a step in that direction. He assured delegates that he will also institute monthly stipends for executives of the NDC from constituency to regional levels, resource the branches, and revive the Heroes Fund of the party.
According to Dr.Duffuor, the NDC has to be fully prepared and resourceful to be able to defeat the ruling NPP, which is bent to do everything possible to retain power.
Dr. Duffuor and his campaign team had earlier met the regional executives of the party .
He was however not impressed with the poor state of the regional office and therefore assured to build a befitting office for the regional secretariat of the NDC as well as for the constituencies should he become leader after the presidential primaries.
“During the late Prof. Mills’ tenure, I was the Finance Minister. I mobilized business people and friends to build the national headquarters of the party. We didn’t use state funds because that is not right. So we are going to do same to build regional and constituency offices.
Dr Kwabena Duffuor said this on Monday May 1, 2023, when addressing delegates of the NDC party in New Juaben North.
He stated that the NDC must be financially sound and buy shares in multimillion companies just as major political parties in South Africa do.
He said the “Ahotor Project” is a step in this direction. He assured to also institute monthly stipends for executives of the NDC from constituency to regional levels, resource the branches, and revive the Heroes Fund of the party.
According to Dr.Duffuor, the NDC has to be fully prepared and be resourceful to be able to defeat the ruling NPP, which is hell bent on doing everything possible to retain power.
Dr. Duffuor and his campaign team had earlier met the regional executives of the party .
He was however not impressed with the poor state of the regional office therefore assured to build a befitting office for the regional Secretariat of the NDC as well as the Constituencies should he become leader after the presidential primaries.
“During the lateProf. Millss tenure, I was the Finance Minister. I mobilized business people and friends to build the national headquarters of the party. We didn’t use statefundsd because that is not right. So we are going to do same to build Regional and constituency offices”.
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