A Youth Group based in the Eastern Region of Ghana called “BRING MAHAMA BACK” (BMB) has joined numerous Ghanaians to also disagree with President Akufo-Addo as they insisted that Vice-President Dr. Mahamoudu Bawumia is a textbook economist.
They made this statement following the various experience economists who showed their economic prowesses when they were Finance and Economic Planning Ministers of Ghana.
Not long ago the disapointed President Akufo-Addo, who remains a 3rd class University Economic student, argued that his Vice-President Bawumia was a repository of economic wisdom.
But President of Bring Mahama Back (BMB) Movement across the country, Mr. Moses Tettey Dometey (alias Bola Ray Jnr) opined that Vice-President Dr. Bawumia, knows nothing as the head of Economic Management Team, EMT compared to the various EMT who dazzled in their time.
His woefully bad performance as the EMT, Dr. Mahamoudu Bawumia has ran to shamefully become by-force technology expert.
BMB Movement cited a few personalities who were heads of EMT in the past include Prof. Atta-Mills (late), Aliu Mahama Paa Kwesi Bekoe Amissah-Arthur (late) and almighty John Dramani Mahama who also became president and the most loved president Ghanains want back for their rescue.
Following these fit, Mr. Tettey Dometey indicated that if elections are to be held today in Ghana between Nana Akufo-Addo’s failed darling boy, Dr.Mahamoudu Bawumia and former President John Dramani Mahama, JDM, there is no way Dr. Bawumia could beat him (JDM).
And nobody in the ruling NPP today, led by President Akufo-Addo could stand former President John Dramani Mahama in any elections, BMB President asserted.
In a statement released in the Eastern region, BMB Movement disclosed that the economic indicators that provide information about Ghana’s economy have all exposed President Akufo-Addo and his Vice, Dr. Mahamudu Bawumia greatly.
The statement compared 2015/16 reports on Ghana’s economy and the current one under the leadership of Nana Addo and Dr. Bawumia; adding that, “one can come to terms with BMB that they have failed woefully and shamefully after all the propagandas”.
The BMB statement added that “If citizens can in their own ways measure how the current economic activities are affecting their private, public and social lives and businesses and predict future trajectories in the coming years, it looks scary. We need to measure everything in the economy that affects our lives; from economic growth to changes in prices to unemployment”.
“……considering how badly these economic indicators have negatively impacted our lives, it’s only stand to reason that Dr. Bawumia is a laughing stock to Ghanaians with his utopia mindset of becoming president in 2024”, Bola Ray Jnr argued.
“The following economic indicators have exposed Dr. Bawumia’s inability to manage the economy: our current GDP, employment figures, industrial production, consumer spending, inflation, home sales, home building, construction spending, manufacturing demands, retail sales, among other factors have been worst in the leadership of the ruling NPP”, noted BMB Movement.
“Dr. Mahamudu Bawumia is a Ghanaian economist, a Former Deputy Governor of Bank of Ghana, the current vice president of the Republic of Ghana and the head of the economic management team (EMT). Who claimed his background is economics and so head of the EMT currently; therefore Ghanaians are of the view, that he should be explaining the economic situation as the economic indicators are exposing him greatly and we are been affected”, BMB insisted.
BMB Movement cited that “Dr. Bawumia as then the vice presidential candidate to Nana Akufo-Addo, held a series of press conferences and public lectures to paint a picture of bad governance of the erstwhile John Mahama administration. In one of his lectures as published by one of the media houses, he said, the NDC did poorly as GDP only grew by 17% and per capita declined by 12%”.
“…..the loudmouth Vice-Presidential candidate continued to tell Ghanaians that the erstwhile Mahama administration introduced nuisance taxes for businesses and have also increased some existing taxes. He said the debt stock at the time was unsustainable at which time Ghana’s debt stock stood at GHC105 billion in May 2016. In fact Ghana’s debt stock raised to GHC120 billion at the end of December 2016”.
“…..Dr. Bawumia even propounded a theory to mean that ‘if the fundamentals are weak, the exchange rate will expose you’. At the time this theory was propounded, the exchange rate stood at GHC4.17 to $1 in December 2016. These pictures he painted, made Ghanaians believed in Dr. Bawumia as the economic messiah. We were made to have understood that Dr. Bawumia and the NPP government will solve Ghana’s economic woes”.
There came 2017 where Ghanaians voted and gave their mandate to Dr. Bawumia and the NPP government.
According to BMB, today the same problem articulated by the economic messiah still stairs in our faces whilst most of these economic indicators are ballooning and skyrocketing.
In six years of governance by the NPP as Dr. Bawumia chairs the economic management team, Ghanaians are witnessing worse and severe hardship as compared to the 8 years governance of the Mills/Mahama regime, Mr. Tettey Dometey emphasized; “we are wondering how the remaining two years of this government will be like”.
As at 20th August, 2022 the exchange rate for $1 is GHC9.77p approximately which is the weakest currency ever. (if the fundamentals are weak, the exchange rate will expose you), Ghana’s debt stock moved from GHC120 billion in 2016’l, and is expected to reach GHC400 billion by the end of 2022. Dr. Bawumia who is known to have answers to the 170 questions set by himself for economic solutions, will be adding a whopping GHC278 billion to our debt stock in close to six years of governance, BMB Movement President Moses Tettey Dometey pointed out.
“Yet, he still has the zeal to be talking about becoming president in Ghana”, BMB President wonders.
Source:Nationaltymes.com
