NDC, NPP’s structural adjustment weakened economy – CPP

General News of Monday, 12 January 2015

Source: Starrfmonline.com

Samia Yaba Nkrumah Cpp @ 65

The Convention People’s Party (CPP) has condemned the “development policy of structural adjustment” being championed by the ruling National Democratic Congress and the New Patriotic Party.

According to the Nkrumah party, the two parties, who have governed Ghana since 1992 believe in that common policy, but “has not worked for 32 years.”

The chairperson of the CPP Samia Nkrumah said in a Facebook post the structural adjustment policy has contributed gravely to the issue of “unemployment” in Ghana.

“A ‘free for all’ trade sector which is another consequence of this policy has killed our manufacturing sector, increased our deficit and national debt and ‘sapped’ our energies,” the ex-MP for Jomoro said.

She added: “The alternative is the CPP approach which promotes investments in the development of our resources for local consumption as well as for export and by doing so working towards an industrialized economy.

“This is the way we can decolonise our economy and construct one that works for us. Forward Ever!”