Former Finance Minister and governor of the Bank of Ghana Kwabena Duffuor has Promised to stabilize Ghana’s faltering economy in two years if elected as president.
Dr. Duffour is the third major candidate to declare their candidacy, following in the footsteps of former President John Dramani Mahama and Kojo Bonsu Ernest Kobeah. In preparation for the 2024 elections, the NDC started nominations on Wednesday and Gloria Huze, the NDC’s Ashanti Regional Women’s Organiser, has picked nomination forms for Dr. Kwabena Duffuor.
Kwabena Duffour stated that the national debt had increased from Ghc35 billion while the NDC was in power to over Ghc600 billion after they left the government.
“Our government from 2025 we will bring the economy back within two years. The first year would be the restoration. The second year would be a complete recovery, and we will see properity in two years.”
He recently said the current economic crisis is proof that the country needs a new economic management team.
Dr. Duffour stated that the existing team, led by Vice President Dr. Mahamudu Bawumia, should be replaced since those responsible for the economic crisis are incapable of fixing it.
He made this statement during an interview with Joy News which was sighted by Tru News Report, saying “The team, not just him, the management team “Economic Management Team”, including the Finance Minister, they are the ones who created the problem. Can they solve the problem?
“Especially when I hear some of them say that, oh but for the fact that we were kicked out of the international market, we could have gone to borrow 2 or 3 billion. This means the same level of consciousness that created the problem, they haven’t seen that we have a problem yet” he added.
In response to a question about former Chief Justice Sophia Akuffo’s assessment of the performance of current Finance Minister Ken Ofori-Atta, Dr. Duffour stated, “As a nation, we borrowed almost $15 billion for eight years.
Source – Tru News Report