Under normal circumstances, the release of $600 million by the International Monetary Fund (IMF) to the government of Ghana should provide relief to the already overburdened and suffering Ghanaian, says NDC Flagbearer John Mahama.
He is of the view that ”Ghanaians will continue to suffer as long as the Akufo-Addo-Bawumia and NPP remain in office”.
”Implementing VAT on electricity consumption will increase tariffs by almost 21% and exacerbate the hardship on Ghanaians”, according to Mr. Mahama, adding that implementing the VAT on electricity, ”will affect the prices of goods, services, and transport fares”.
Mr. Mahama indicates that he agrees with, ”organised labour that the government must reverse its decision to start collecting VAT on electricity consumption”.
”The National Democratic Congress (NDC) is eager and ready to address Ghana’s economic challenges and provide substantial relief to Ghanaians upon assumption of office in January 2025”, Mr Mahama reiterates.
He urged the NPP government to be cautious, responsible and judicious in utilising the IMF $600 million and other funds that may be made available to Ghana from the World Bank and other development partners.
”I have already encouraged the NDC minority in parliament to ensure strict oversight on both the government and not to take their eyes off the Bank of Ghana that illegally printed billions of cedis and aggravated our economic situation”.
Meanwhile, as Mr. Mahama begins his tour of Ashanti Region, he promises to engage on the issues.
”Over the next three days, I will be in the Ashanti Region to interact and listen on the eighth leg of my #BuildingGhanaTour”.
”On my part, I will, from time to time, continue to engage the Ghanaian public about my vision to build the Ghana we want and how we will work together to create well-paying jobs through my 24-hour economy policy and other pragmatic initiatives”, the NDC Flag Bearer noted.
