New Patriotic Party (NPP) MP for Assin Central, Kennedy Agyapong has touted the Akufo-Addo-led NPP government as being better at economic management than the Mahama-led NDC government.
According to him, President Akufo-Addo has replaced incompetence with competence given the massive recovery the economy has made.
The Assin Central MP said Finance Minister, Ken Ofori-Atta, announcing an average reduction of 13 percent in electricity tariffs in the 2018 budget is an indication that the county is moving in a right direction.
“The only issue I had in this country had to do with electricity issue and that is why even in opposition I fought so hard to make sure that the electricity is reduced so I was happy to hear our finance minister announcing the reduction.
“The NDC left a bogus economy for this country and didn’t know their whereabouts and even with that Nana Addo has been able to manage it very well with competent men like Ken Ofori Atta” he said.
Kennedy Agyapong was speaking on Adom TV’s morning show “Badwam” Tuesday.
The high electricity tariffs were a major part of the New Patriotic Party (NPP)’s campaign ahead of the 2016 elections, with many of the party’s communicators claiming that electricity cost more than rent.
The Akufo-Addo government explained previously that it could not reduce the tariff in the 2017 budget due to moves to stabilize power supply in the country.
Finance Minister, Ken Ofori Atta’s budget reading reminded of the hardship Ghanaians endured during the height of the power crisis between 2013 and 2015.
He said recommendations are going to be made to the Public Utilities Regulatory Commission in this regard, which will bring a little more relief to businesses and domestic users of electricity.
But the outspoken MP, indicated that the achievements of the Akufo-Addo government which is some months old, is a manifestation of competent economic management.
“We have been able to deliver about 90 percent of our promises and we are still delivering on the promises from Free SHS, electricity tariffs and many more because of the foundation we have laid” he noted.
More so, Kennedy Agyapong commended the Finance Ministry’s initiative of injecting $150 million capital to banks to be able to grant loans to investors and businesses but expressed his displeasure with the high interest rates banks charged business entities.
“I commend the Finance Minister’s initiative to inject $150 million dollars to banks but my problem with these same banks is the high interest rate they charge investors and business men.”
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