John Dramani Mahama, the National Democratic Congress (NDC) flagbearer, has clarified recent news reports claiming he promised to stabilize the struggling Ghanaian cedi within 100 days. Mahama’s campaign team emphasized that he never made such a promise, instead laying out a detailed plan during his speech at the 8th Ghana CEO Summit to address the nation’s economic challenges.
Joyce Bawah Mogtari, Mahama’s spokesperson, addressed the media to correct the misleading reports. She highlighted Mahama’s deep understanding of Ghana’s economic issues and reiterated that he did not promise a quick fix for the cedi’s instability. Instead, Mahama presented a strategic approach to tackle the root causes of the currency’s fluctuations.
Mahama’s actual promise was to launch an urgent economic recovery and fiscal consolidation plan within the first 100 days of assuming office. This plan would follow a national economic dialogue, prioritizing the stabilization of the economy and restoring a stable currency. Mahama stressed the importance of fiscal discipline, responsible economic management, and tackling systemic issues.
Key measures in Mahama’s strategy include reducing government expenditures, curbing waste and corruption, and expanding the tax net to boost revenues. He also proposed simplifying the Value Added Tax (VAT) system, streamlining its collection, abolishing the controversial e-levy, and reducing burdensome taxes on businesses and households. These steps, he argued, are crucial for long-term economic stability and growth.
The Mahama 2024 Campaign reaffirmed its commitment to transparent and responsible communication with Ghanaians. They called on the media to accurately report Mahama’s statements and ensure the public receives clear and truthful information. The spokesperson concluded by urging the media to reflect Mahama’s true intentions and comprehensive plans for Ghana’s economic recovery.
