Nana Addo Dankwa Akufo-Addo has admonished members of the governing New Patriotic Party (NPP) to be mindful of their conduct since that will determine their political fate.
“Let us remember one thing: every step we take from now is going to decide 2024 for us. Let us remember that the Ghanaian people are looking at us today and they are looking at us every step of the way”
Speaking at the Annual National delegates Conference in Kumasi yesterday, under the theme “NPP: Our Resolve, Our Determination and Commitment to Ghana’s Development ,” he said NPP is going to hold internal elections next year, from polling station up to the national officers.
This, he noted, will bring about competition, but this competition, he continued, should be a healthy one that will not derail the goal of the party breaking the eight year cycle of power.
President Akufo Addo also told the delegates conference that his government was aware of the economic situation in the country.
“We are aware of the difficult things the people are going through, largely inspired by the economic slowdown that came from Covid-19, but we are not throwing our hands in despair,” he said.
He, however, assured the party followers that the Ghana Care Obatanpa programme his administration is rolling out will lead to prosperity.
He noted that his government has spent more money on education, health, industry, agriculture and infrastructure, particularly on roads than any government in the fourth republic.
“We have spent more money in improving education, health, industry and agricultural and I am very proud of that”.
Vice-President Mahamudu Bawumia on his part said the party will not disappoint its massive followers and that it will be the first party to break the eight-year cycle.
The new patriotic party has been in power since 2016 and will complete its second-term in 2024 when a general election will be held.
“Breaking the eight will not be easy but history will be made for the first time”, he said.
According to him, the NPP has a superior record as compared to the opposition National Democratic Congress (NDC), hence it is in a pole position to remain in government after the 2024 elections.
“I believe if we’re united we shall break the eight. Our success will depend on how we conduct ourselves. We must not take down each other, but rather the NDC whose return will be a disaster for Ghana,” Dr Bawumia said.
He added: “The NPP has a solid record of achievement in the Fourth Republic. Our party has become the most important driver of the Ghanaian vision and development agenda. We have been responsible for the most important policies which touch every Ghanaian in every corner of our nation, the NHIS, the school feeding program, the free antenatal services, the Free SHS, the free TVET program etc.
“As we meet here today at Conference, we are reminded that it is the party that birthed the government. Thus, strengthening party-government relations is key to our collective success.
“I believe that, Insha Allah, we will be able to break the eight because our record is a superior record. Whether we are talking about agriculture, industry, roads, housing, education, health, transformational policies like digitalization, social interventions and so on the comparison between us and the NDC will be like night and day.”
“It is important to acknowledge that we in the NPP have not solved all the problems facing Ghanaians but we have solved many problems and we have a plan we are working to. After all, we are only in the first year of a four year mandate which was given to us at the end of last year.
“The COVID-19 pandemic has increased the cost of living virtually everywhere in the world, including countries like the US, UK, Germany, Japan, Nigeria, Cote d’Ívoire, etc. and Ghana has similarly been affected.
“Nevertheless, it is important to remind ourselves that notwithstanding the global economic adverse impact of the Covid-19 pandemic on economic growth, debts and deficits, at the macroeconomic level. Inflation in Ghana today at 12.2% is lower than it was in 2016 (15.4%).
“Average Bank lending rates in Ghana today (21%) are much lower than they were 2016 (32%). According to the Bank of Ghana, the average exchange rate depreciation over the last four years (7.3%) is the lowest for any first term government since 1992.
“The year 2020 recorded one of the lowest rate of depreciation in the last 28 years. The cumulative exchange rate depreciation of 2.6% in November 2021 the year is lower than 9.7% depreciation recorded in 2016.
“For the first time in over two decades, the trade balance (the difference between what we export and what we import) recorded a surplus for four consecutive years from 2017-2020.
Gross International Reserves are at $10.8 billion (4.9 months of import cover compared to $6.9 billion (3.5 months of import cover) in 2016.
“Our record of creating jobs (over 750,000 jobs) is vastly superior to the record of the NDC government which froze public service recruitment. So if our performance on the key macroeconomic indicators (inflation, interest rates, depreciation, external reserves, trade balance and jobs) during the worst global pandemic in 100 years is better than your performance without such a pandemic how can you say your economic management is better?” Dr Bawumia noted.
