In a bid to navigate Ghana's economic challenges, former President and National Democratic Congress (NDC) flagbearer, John Dramani Mahama, has pledged a cautious and measured approach in making promises ahead of the 2024 general elections.
Mahama highlighted the current economic constraints as a factor influencing his commitment to realistic pledges.
Addressing NDC supporters in Hohoe, Volta Region, Mahama underscored the financial crisis the country is facing, emphasizing the need for prudence in policymaking. He stated, "...the economy is broke," pointing to the detrimental impact of the New Patriotic Party administration on Ghana's financial stability.
Despite the economic challenges, Mahama outlined a specific promise – the next NDC government would allocate monthly allowances of GH¢1,000 to all Assembly members. This commitment, aimed at supporting local representatives, would incur an annual cost of GH¢80 million.
Mahama further articulated his strategy, indicating a focus on restructuring the government's budget. He expressed the intent to reduce the President's office expenditure, currently exceeding GH¢2 billion, to fund the proposed allowances for Assembly members.
As the political landscape intensifies in the lead-up to the elections, Mahama's measured promises underscore a commitment to fiscal responsibility, ensuring that proposed initiatives align with the economic realities Ghana currently faces. The former President's approach signals a nuanced strategy to address pressing issues while maintaining financial prudence in the face of economic challenges.
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