{"id":28580,"date":"2021-09-08T07:59:52","date_gmt":"2021-09-08T07:59:52","guid":{"rendered":"https:\/\/www.kumasionlinegh.com\/?p=28580"},"modified":"2021-09-08T08:00:11","modified_gmt":"2021-09-08T08:00:11","slug":"ghanas-economy-was-in-a-free-fall-mode-under-mahama-npp-fires-back","status":"publish","type":"post","link":"https:\/\/www.kumasionlinetv.com\/?p=28580","title":{"rendered":"Ghana\u2019s economy was in a free fall mode under Mahama \u2013 NPP fires back"},"content":{"rendered":"\n<p>The New Patriotic Party (NPP) has shot down mismanagement and corruption allegations levelled against the party by the National Democratic Congress (NDC).<\/p>\n\n\n\n<p>Addressing the media in Accra on Tuesday, September 7, 2021, General Secretary of the NPP, John Boadu continued the back and forth between the two parties over the management of the economy.<\/p>\n\n\n\n<p>\u201cFormer President Mahama and Seth Terkper are on public record as being the worst duo to have even been in charge of the Ghanaian economy at the same time,\u201d he said.<\/p>\n\n\n\n<p>\u201cHe [Mahama] put the economy in a free-fall after extremely reckless expenditure in excess of some 12 billion in pursuit of election victory in 2012\u201d.<\/p>\n\n\n\n<p>\u201cHis economy under Seth Terkper never recovered, leading to unheard of taxation measures including putting taxes on condoms and cutlasses,\u201d Mr. Boadu said.<\/p>\n\n\n\n<p>The comments from the NPP General Secretary followed the NDC Professionals Forum, where criticisms were levelled against the Akufo-Addo administration\u2019s management of the economy.<\/p>\n\n\n\n<p>Former President&nbsp;<strong><a href=\"https:\/\/citinewsroom.com\/2021\/09\/reckless-spending-and-mismanagement-cause-of-hardship-not-covid-mahama\/\">John Mahama cited corruption<\/a><\/strong>&nbsp;and mismanagement of the country\u2019s resources as issues impeding the country\u2019s development.<\/p>\n\n\n\n<p>Mr. Mahama said the COVID-19 pandemic had become a convenient excuse for President Akufo-Addo and the NPP government for their mismanagement of the economy.<\/p>\n\n\n\n<p>\u201cCOVID-19 has become the convenient whipping boy and has been cited as the reason for the crisis we face now and the attendant economic hardships. Yes, COVID-19 affected the economy, and no one can dispute that. It is however not the main reason why we are in the current hole we find ourselves.\u201d<\/p>\n\n\n\n<p>\u201cCOVID-19 only became a pretext for reckless election-related spending, which produced the largest-ever budget deficit in the recent economic history of Ghana last year.\u201d<\/p>\n\n\n\n<p>He has thus charged the government to accept that it is their mismanagement of the economy and thirst for consumption expenditure is what has plunged the nation into the current crisis.<\/p>\n\n\n\n<p>\u201cThis government must accept that it is their mismanagement of the economy, their thirst for consumption expenditure, and the desire to spend beyond our means in order to win elections that have plunged us into the current crisis, not necessarily COVID-19.\u201d<\/p>\n\n\n\n<p><strong>Send your news stories to\u00a0<a href=\"mailto:dannyboy744@gmail.com\">dannyboy744@gmail.com<\/a>\u00a0and via WhatsApp on +233 266777777<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The New Patriotic Party (NPP) has shot down mismanagement and corruption allegations levelled against the party by the National Democratic Congress (NDC). Addressing the media in Accra on Tuesday, September 7, 2021, General Secretary of the NPP, John Boadu continued the back and forth between the two parties over the management of the economy. \u201cFormer [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":26501,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"iawp_total_views":0,"footnotes":""},"categories":[944],"tags":[],"class_list":["post-28580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ghana\u2019s economy was in a free fall mode under Mahama \u2013 NPP fires back - Kumasi Online TV<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.kumasionlinetv.com\/?p=28580\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ghana\u2019s economy was in a free fall mode under Mahama \u2013 NPP fires back - Kumasi Online TV\" \/>\n<meta property=\"og:description\" content=\"The New Patriotic Party (NPP) has shot down mismanagement and corruption allegations levelled against the party by the National Democratic Congress (NDC). Addressing the media in Accra on Tuesday, September 7, 2021, General Secretary of the NPP, John Boadu continued the back and forth between the two parties over the management of the economy. \u201cFormer [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.kumasionlinetv.com\/?p=28580\" \/>\n<meta property=\"og:site_name\" content=\"Kumasi Online TV\" \/>\n<meta property=\"article:published_time\" content=\"2021-09-08T07:59:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-09-08T08:00:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.kumasionlinetv.com\/wp-content\/uploads\/2021\/07\/John-Boadu-750x375-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kumasi Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kumasi Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580\"},\"author\":{\"name\":\"Kumasi Online\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/#\\\/schema\\\/person\\\/71129f20b230eb698b6e82454423d7de\"},\"headline\":\"Ghana\u2019s economy was in a free fall mode under Mahama \u2013 NPP fires back\",\"datePublished\":\"2021-09-08T07:59:52+00:00\",\"dateModified\":\"2021-09-08T08:00:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580\"},\"wordCount\":375,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/wp-content\\\/uploads\\\/2021\\\/07\\\/John-Boadu-750x375-1.jpg\",\"articleSection\":[\"TOP STORIES\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580\",\"url\":\"https:\\\/\\\/www.kumasionlinetv.com\\\/?p=28580\",\"name\":\"Ghana\u2019s economy was in a free fall mode under Mahama \u2013 NPP fires back - 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