Unlike the previous National Democratic Congress (NDC) administration that created unemployment with the erratic power supply (Dumsor), the current Akufo-Addo administration has created several jobs, flagbearer of the New Patriotic Party (NPP) Vice President Dr Mahamudu Bawumia has said.
Dr Bawumia said this while responding to Mr Mahama at the 8th Ghana CEO Summit underway in Accra. Mr Mahama had criticized the government at the same event for the high unemployment rate.
He stated that “Unemployment has jumped to 14.7% from 8.5% in 2017, the highest level recorded in the history of the 4th Republic; inflation is above 25%, and the current interest rates range between 30% and 50%.”
“The exchange rate, which was previously at 4.00 Ghana Cedis to the US dollar, has crossed the 15 Ghana Cedi threshold, and there appears to be no end in sight to the deterioration of the cedi.
But in an address, Dr Bawumia said “That collapsed economy is performing better than your [John Mahama] economy that you left us.”
Dr Bawumia said it took the NPP’s intervention to improve the country’s labour force explaining that “we have created more jobs, 2.1 million jobs than any kind in the Fourth Republic. He [Mahama] was creating unemployment with dumsor and everything.”
“We are creating jobs, 1.2 million jobs in the public sector, 975,000 jobs in the private sector. And all of this is data that we have put out for everybody.
“We’ve constructed more roads than any other government in the Fourth Republic, done more railways, done more airports, built more public libraries than any other government in the Fourth Republic…,” he said