NDC Not Fit To Manage Ghana's Economy - Bawumia

The 2012 Vice Presidential Candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, says "the NDC is not fit to manage Ghana's economy."

He said he has recently come under unnecessary attack from the NDC because he put out certain fundamental economic analysis on the state of Ghana's economy today as is being managed by the NDC.

"It is obvious from the comments the NDC have been making, that they do not understand the simple economic analysis that I put out, and are therefore not fit to manage our economy if they can't understand such simple economic analysis." he said.

Stressing the point, Nana Akufo-Addo's running mate stated that the rising cost of food products do not reflect the inflation figures that the statistical service has been putting out and they also do not correspond with the exchange rate and other economic indicators.

He said whilst inflation seems to have stabilized from the figures that the statistical service continues to put out, exchange rates have on the contrary been rising at very scary levels, observing that "something just does not add up."

Dr Bawumia was addressing students of the Koforidua Polytechnic when he and the NPP leader, Nana Akufo-Addo, went there as part of their tour of the New Juabeng North constituency in the Eastern Region.

He noted that the amount of money that the NDC government has given to two of the recipients of judgement debt in three years can put up 115 schools for school children.

He called on the students to take Nana Akufo-Addo's message of transformation and industralisation to the people so that "we can put away peacefully, this incompetent NDC government and give way to the competent and visionary Nana Akufo-Addo to come and help the suffering masses."

Later at a youth forum at the Methodist Park in Koforidua, Dr Bawumia told a gathering of youth groups from all sectors that the problems that we face in Ghana today is simply a matter of bad management of the economy.

He said the NDC government has borrowed in three years more money than all governments put together in 52 years. "But if the money is being used for development, how come the people can't feel it in their lives"? he asked.

He said the Ghanaian people saw massive infrastructure development and economic growth when the NPP was in power and so "we all saw what the money was used for."

Commenting further on the saga of judgement debts, Dr Bawumia said "part of our problems too is because of what he described as the 'Wayomization' of Ghana's economy.

He assured that under Nana Akufo-Addo, such a thing will never happen and that the better Ghana will not be for a selected few but for all.

Nana Addo and his running mate, Dr Bawumia have been touring the Eastern Region as part of their nationwide 'tour to restore hope'. They have so far been to the Abuakwa North, Abuakwa South and New Juabeng South constituencies.