Franklin Cudjoe Questions Critics,Defend Mahama’s Economic Record And Fiscal Discipline

According to a Post on Franklin Cudjoe official facebook account on Wednesday, November 11,2026,Ghanaian policy analyst and IMANI Africa President Franklin Cudjoe has defended the economic record of former President John Dramani Mahama, arguing that his administration demonstrated greater credibility through its approach to debt reduction and fiscal management.

In a Facebook post, Cudjoe expressed confidence in the claims made by a leader who promises to build a new economy with $10 billion without resorting to external borrowing, particularly when that leader has previously demonstrated the ability to manage the country’s debt and restore its economic standing.

He argued that the leader’s record of paying off debts, which he said had contributed to Ghana’s exclusion from international financial markets and its eventual junk credit rating, provided a stronger basis for public confidence.

Cudjoe also highlighted what he described as an unprecedented achievement in debt management, claiming that the country’s debt-to-GDP ratio was reduced from 65 per cent to 45 per cent within a single year through strict fiscal discipline.

According to him, such an achievement demonstrated the importance of practical economic leadership rather than relying on theories developed after economic challenges had already emerged.

The IMANI Africa president questioned why Ghanaians should place their confidence in individuals who, in his view, only develop economic explanations after events they largely created or failed to control have unfolded.

He suggested that a leader’s previous performance, particularly in managing public finances and restoring economic confidence, should carry more weight than promises and theoretical arguments.

Cudjoe’s comments appear to reinforce the argument that economic credibility should be assessed based on measurable achievements, fiscal responsibility and the ability to deliver results under difficult circumstances.

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