July 25, 2024
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Mahama promises to stabilise economy if re-elected in 2024

The National Democratic Congress (NDC) flagbearer, John Dramani Mahama, has outlined his plan aimed at restoring economic stability if he secures victory in the 2024 general elections.

Speaking at a manifesto presentation organised by the Trades Union Congress (TUC), Mr Mahama stressed his intent to implement practical economic policies aimed at reducing public debt, tackling inflation, and curtailing the central bank’s financing of the government through the Bank of Ghana.

The former President emphasised the urgency of halting the current economic downturn and reinstating stability in the country’s financial sector.

He also expressed his commitment to alleviating the inflationary pressures that have been impacting the income of Ghanaian citizens and the working class.

“We must put an end to this decline and restore stability to the economy so that Ghanaian citizens and working people can breathe a sigh of relief and not have their already inadequate income eroded by inflationary pressures.

“In recent years, I have been outlining policies that the NDC will implement, to stop the steep decline in the economy, turning it around, and stabilizing it.”

Additionally, Mahama promised to implement stringent measures to protect the rights of workers, demonstrating his dedication to the welfare and well-being of the labour force.

In line with Mahama’s assurances, Dr Yaw Baah, the Secretary General of the Trades Union Congress, called for a comprehensive review of the macroeconomic policy framework.

Such a review, he stated, would generate employment, ensure food security, address housing needs, and uphold the rights of workers, all to enhance Ghana’s overall socioeconomic landscape.

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