A statement signed by Joyce Bawah Mogtari, spokesperson for the NDC’s 2016 campaign team informs the general public, President John Dramani Mahama will on Tuesday present the highlights of the National Democratic Congress (NDC) 2016 Manifesto.
Vice President and running mate to President Mahama on the National Democratic Congress (NDC) ticket, Kwesi Amissah-Arthur says the party will address and counter Dr. Bawumia’s fictitious claims about the economy in due time.
A senior lecturer at Economics Department of the University of Ghana, Dr Eric Osei-Assibey, has supported claims by Vice Presidential Candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia that Ghana's economy is in distress.
The Flagbearer of the opposition New Patriotic Party (NPP), Nana Akufo Addo has assured members of the Ghana Employers Association (GEA) that his administration will maintain macroeconomic stability and restore fiscal discipline if voted into power.
According to him, the current economic conditions in the country is stifling the private sector as cost of borrowing goes up, affecting incomes of employees across the country. Speaking at the Annual General Meeting (AGM) of the Ghana Employers Association, Nana Akufo Addo stated that he will prioritize the industry and agriculture sectors to create more jobs if voted into power as president.
“A future NPP government, God willing will focus on four key areas which include building a strong resilient economy by restoring macroeconomic stability and ensuring discipline,” he said.
He pointed out that the industry and agriculture sectors will be given priorities, revitalizing activities to create jobs for the mass unemployed youth.
“These sectors provide the bases for Ghana to add value to its natural resources and optimize its comparative and competitive advantage in regional and global trade,” he said. Nana Addo pointed out that the only way to build the country is to pursue a self reliance policy and implement aggressive targeted infrastructure development programmes.
“Regrettably, there is been recently a decline in the Ghanaian economy characterized by slow and stunted growth , high levels of unsustainable debt , high inflation, high interest rates and a weak and unstable currency,” he said.
He added that high cost of borrowing, and high cost of electricity tariff have rendered businesses unproductive.
According to him, the current macroeconomic indicators are all a testimony of how businesses are suffocating under high cost of production inputs.
“Some of the specific policy intervention is to shift the focus of the economic policy from taxation to production, removing import duties on raw materials within the contest of the ECOWAS External Tariff,” he said.
He stated that government will remove a number of taxes which include the structural import levy, abolish the 17.5 percent VAT on imported drugs, abolish 17.5 percent VAT on real estate house, reduce corporate income tax rate from 25 percent to 20 percent.
The Editor in chief of the Insight Newspaper Kwesi Pratt Jnr, has stated that the extreme increment of filing fees set by the Electoral Commission to be paid by presidential and parliamentary candidates in the upcoming December elections if not reviewed will serve as a grounds for corrupt activities.
Ashanti Regional Chairman of the New Patriotic Party (NPP), Bernard Antwi-Boasiako, also known as Chairman Wontumi will be axed as the party's regional campaign chairman, former Deputy Minister of Ashanti Region, Joseph Yamin has claimed.
The director of elections for the CPP James Kwabena Bomfeh, has labelled the Electoral Commission (EC) as “insensitive” for the expensive amount charged as filling fee for this year parliament and presidential election come December 7.
During an Inter-Party Advisory Committee (IPAC) meeting yesterday, the Electoral Commission declared that parliamentary and presidential candidate ready to contest in this year’s election would have to pay GHS10,000 and GHS50,000 respectively to file their nomination by September 29 as deadline.
In an interview with to Class FM, the Director of elections for the CPP, James Kwabena Bomfeh, said the new fees set by the Electoral commission is a deliberate attempt to prevent the willing citizens from serving Ghana.
“They are not sensitive to the needs and the aspirations of the people. Ghanaians are in hard times and you are asking us that if we want to sacrifice to lead this country, we should pay such exorbitant fees when the activities of the Electoral Commission are supported with the taxpayers’ money. Elections are serious matter. That is why we support the EC’s budget; it is taken from the Consolidated Fund. What do they need this money for?” he quizzed.
According to James Kwabena Bomfeh, with the exception of the governing National Democratic Congress (NDC) and the main opposition New Patriotic Party (NPP), all the other parties are of the view that the fees by the EC are outrages
“You see, the fact is that Ghanaians must exercise their democratic rights without necessarily making money the cost condition. No, it’s an abuse of the process. And that is the more reason why the Electoral Commission does not need to raise money to run its activities [through] filing fees. If you look at the economic conditions, this is a deliberate attempt to discourage the masses from engaging and exercising their democratic right especially when they want to put themselves in service to the nation. They are making money a condition,” Mr. James Kwabena Bomfeh, lamented.