President John Mahama has urged Ghanaians to disregard what he described as the opposition New Patriotic Party\u2019s (NPP) fear-mongering about the state of the economy.<\/p>\n
The NPP has on several political platforms declared that Ghana is in a state of crisis under the John Mahama-led administration therefore the need to vote for change.<\/p>\n
[contextly_sidebar id=”9DWdAXaNI44IP1v2L61j45bmqO0a7QXz”]But addressing students of the University of Ghana as part of his campaign tour of the Ayawaso West Constituency, President Mahama accused the NPP of creating the economic crisis rhetoric for cheap political gain.<\/p>\n
The President\u00a0said the NPP persisted in creating a negative impression about the economy\u00a0“despite all the scientific basis even from outside” as he once again noted that\u00a0international credit rating agency, Moody\u2019s, had given an endorsement of Ghana’s economic prospects.<\/p>\n
According to him, \u201cif you are in opposition, you must create in the mind of the electorate that there is a crisis even when a crisis does not exist and so you find our opponents continuing to give an impression as if this country is in crisis.\u201d<\/p>\n
President Mahama\u00a0sought to dispel the NPP’s notions saying, \u201cI can tell you on authority as President of the Republic and Commander-in-Chief of the Armed Forces that this country is not in crisis and this country is not going backwards. She is going forward.\u201d<\/p>\n
NPP, NDC row over economy’s health<\/strong><\/p>\n The campaign trail in recent times has been characterized by a back and forth over the perception of the economy between the NPP and the governing National Democratic Congress (NDC).<\/p>\n The NPP has continually painted a gloomy picture of Ghana’s economic prospects with the\u00a0NPP’s Running Mate, Dr. Mahamudu Bawumia yesterday [Thursday] describing the NDC and President Mahama as\u00a0clueless in economic management for which reason it did not deserve a second term.<\/p>\n Dr. Bawumia has also argued that\u00a0\u00a0Moody\u2019s, did not upgrade<\/a><\/strong><\/span> the rating of Ghana’s economy accusing the President of misleading Ghanaians.<\/p>\n According to him,\u00a0Moody\u2019s did not upgrade Ghana\u2019s rating as the country’s rating under Moody\u2019s is still B-negative. It is only the outlook that has been revised, and that is not equivalent to a ratings upgrade, Dr, Bawumia said.<\/p>\n