We can’t pretend nothing has happened – Lecturer praises Mahama’s economic gains

Prof. Isaac Boadi, Dean of the Faculty of Accounting and Finance at the University of Professional Studies, Accra (UPSA), has acknowledged the economic gains recorded under the Mahama administration following the presentation of the 2027 Budget.

He said the government deserved credit for improvements in key economic indicators, particularly inflation and interest rates.

Speaking about the budget, Prof. Boadi noted that inflation had dropped significantly from 23.8 per cent to 5.5 per cent, after reaching as low as 2.3 per cent during the period under review.

He also pointed to the reduction in interest rates, which he said had moved from around 25 per cent to nearly 14 per cent, with an average of 15.9 per cent.

According to him, economic growth had also remained around 6 per cent based on the latest figure available to him.

Prof. Boadi said the figures were real and should not be dismissed when assessing the government’s performance.

“We can’t pretend that nothing has happened,” he stated, adding that the administration had made progress in some areas of the economy.

He further commended the government for rejecting what he described as about 10 billion in spending, although the transcript does not specify the currency or the exact expenditure involved.

“In all, I must give some credence to this administration for such performance. These figures are real. We must acknowledge,” he said.

His comments came amid discussions about the 2027 Budget and the government’s unveiling of its New Economy agenda.

However, Prof. Boadi indicated that his assessment was preliminary, explaining that he had received the budget document late and had not completed his reading of it.

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