{"id":66008,"date":"2014-11-18T06:30:44","date_gmt":"2014-11-18T06:30:44","guid":{"rendered":"http:\/\/4cd.e16.myftpupload.com\/?p=66008"},"modified":"2014-11-18T07:08:16","modified_gmt":"2014-11-18T07:08:16","slug":"mahama-reduced-governance-borrowing-bawumia","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2014\/11\/mahama-reduced-governance-borrowing-bawumia\/","title":{"rendered":"Mahama has reduced governance to borrowing \u2013 Bawumia"},"content":{"rendered":"

The 2016 Vice Presidential Candidate of the New Patriotic Party (NPP), Mahamudu Bawumia, has accused President Mahama of reducing the essence of governance to \u201cborrowing.\u201d<\/p>\n

He made the comment when addressing a fundraising dinner held in his honour in London, United Kingdom, last Friday.<\/p>\n

Backing his claims with facts and figures, he stated that an unprecedented amount of money has been spent since 2009 under the National Democratic Congress and with very little to show for it as the NDC comes to the end of its second successive term in office in 2016.<\/p>\n

[contextly_sidebar id=”IMJfkc6V4gC1CzjbjysGH9CTujEGiCo2″]\u201cIn the last six years, the NDC has borrowed US$27 billion.\u00a0 Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years.\u00a0 Compare that to the NDC borrowing $27 billion in six years and ask yourself what have they done with all that money,\u201d the running mate to Nana Akufo-Addo told the heavily attended annual fundraising dinner of the NPP UK branch.<\/p>\n

He said, though a lot more money has been spent, it is a paradox of economic management that this level of excessive spending has only led to greater hardships being visited on the people.<\/p>\n

\u201cNDC inherited a public debt stock of GHS9.5 billion in 2009,\u201d the former Deputy Governor of the central bank, said. \u201cToday, Ghana\u2019s debt has gone up to GHS65.7 billion. So when I say the stakes are high I am talking about the destiny of our country, Ghana, the future of the youth,\u201d he stressed.<\/p>\n

Under the NDC, Ghana became an oil producing economy, with cocoa and gold prices all doing comparatively better than under the previous eight years of the NPP. Yet, Ghanaians remember the Kufuor era with nostalgia because of the greater achievements chalked.<\/p>\n

Showing why NPP is the party Ghanaians can trust with the public purse, Dr Bawumia reminded his audience of some of the investments that President J A Kufuor\u2019s government made in education, health, infrastructure and the deliberate policies implemented that led to significant expansion of the economy.<\/p>\n

\u00a0\u201cThe NDC has been taxing everything, including condoms and cutlasses. In terms of resources, this NDC government has had more resources than any other government. We did not have oil. Yet, Ghanaians know what we did with the limited resources we had. We spent money responsibly to create the NHIS, introduce Capitation Grant, expand access to education, we spent wisely on infrastructure and built more roads than any other government,\u201d he said, giving examples of some of the deeds of the NPP.<\/p>\n

While he said, many more Ghanaians are becoming increasingly aware of the superior leadership the NPP represents, he warned the NPP to show far greater competence and vigilance in protecting the votes of the people in the future.<\/p>\n

\u201cThe stakes for us as a party are very high. We all saw during the election petition the evidence. You and I were there.\u201d<\/p>\n

Dr Bawumia charged, \u201cThe NDC practically stole the election from us. We should never allow this to happen to us again. The Supreme Court has taught us a lot of lessons and we have to take those lessons into 2016. \u201c<\/p>\n

He assured the UK gathering that the party was currently \u201ctesting systems to make sure that what happened in 2012 won\u2019t happen to us in 2016.\u201d<\/p>\n

Last Thursday, the National Council of the NPP appointed Dr Bawumia to head a special committee tasked to prepare a report on electoral reforms for the party.<\/p>\n

The Chairman of the NPP UK branch, Michael Ansah said, \u201cOur nation is riddled with corruption,\u201d and called on the party to take the project of electoral reforms in its efforts to rescue the country from the NDC.<\/p>\n

\u201c2016 represents a water shed in the life of our nation,\u201d and the NPP must take up the task to pull Ghana back from the brink of disaster and onto the path of prosperity and opportunities.<\/p>\n

\u201cOurs is the party that is on the right side of history,\u201d he underlined.<\/p>\n

The event took place at the Prince and Princess Banquet Hall, Edmonton, North London<\/p>\n

–<\/p>\n

Credit: Office of Dr. Bawumia<\/p>\n","protected":false},"excerpt":{"rendered":"

The 2016 Vice Presidential Candidate of the New Patriotic Party (NPP), Mahamudu Bawumia, has accused President Mahama of reducing the essence of governance to \u201cborrowing.\u201d He made the comment when addressing a fundraising dinner held in his honour in London, United Kingdom, last Friday. Backing his claims with facts and figures, he stated that an […]<\/p>\n","protected":false},"author":24,"featured_media":35452,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[38],"yoast_head":"\nMahama has reduced governance to borrowing \u2013 Bawumia - Citi 97.3 FM - Relevant Radio. 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