A former Minister of Trade and Industry, Dr. Ekwow Spio-Garbrah, has attributed Ghana’s recent economic gains to what he describes as “honest and accountable leadership” under President John Dramani Mahama and the new National Democratic Congress (NDC) administration.
In a statement titled “The Great NDC and Ghana under a Great President Make Ghana Shine Again,” Spio-Garbrah celebrated what he called a remarkable turnaround in Ghana’s economic outlook, citing recent positive reports from the Bank of Ghana (BoG) and other economic indicators.
According to him, the achievements are the result of a combination of strategic and ethical decisions taken by the current administration.
Spio-Garbrah argued that many of the financial losses declared under the previous New Patriotic Party (NPP) administration—particularly at COCOBOD and within the gold sector—were the result of systemic corruption, which he says has significantly diminished under the current government.
“The excellent results being announced by the BoG and in other areas of the economy are a testament to the President’s integrity and the professionalism of his appointees,” he stated.
He offered congratulations to all Ghanaians, with special mention of President Mahama, the Finance Minister, the Governor of the Bank of Ghana, and the CEO of GoldBod for their roles in steering the country back on a path of economic stability and progress.
Below is the full statement by Ekwow Spio-Garbrah
The Great NDC and Ghana under a Great President Makes Ghana Shine Again
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The excellent results being announced above by the BoG and in other aspects of the economy are due to a combination of:
—Ghanaians electing a far more honest President on Dec 7th last year
—President JM holding himself and the GoG accountable to a tight 120-day deadline for achieving key targets
—Quick nomination, Vettings, and emplacements of appointees
—Better decisions by the President and new NDC appointees
—Better coordination between the Minister of Finance and the Gov of the BoG
—The wise decision to create the GoldBod and give it an exclusive mandate on Gold exports
—Better and more honest and accountable behavior by relevant GoG officials
—Favorable pricing conditions on the global Gold and Cocoa markets
—Less or no blatant stealing by GoG officials. This last factor alone was responsible for the losses being declared under NPP at the Cocobod and in the Gold trade.
Congratulations to all Ghanaians, but especially Mr President, Finance Minister, BoG Governor, and GoldBod CEO.
Ekwow Spio-Garbrah, Patriot