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Mahama willing to engage gov’t on reviving economy – Ofosu-Ampofo


The National Chairman of the National Democratic Congress (NDC), Samuel Ofosu Ampofo says former President John Dramani Mahama is willing to support the government to revive the ailing economy.

According to him, the current state of the economy reveals the mismanagement by the government.

Speaking to journalists after a closed-door meeting John Mahama had with members of the clergy, Mr. Ofosu-Ampofo said the party is willing to offer its support towards coming up with comprehensive measures in rebounding the economy.

“Discussions were frank and open. The former President has given clear indications that he will put the issues ahead of his personal and parochial interest and for that, he is prepared that if there is any dialogue that encapsulates the plan towards addressing the economic challenges, he is prepared to offer his bit in the interest of mother Ghana.”

Moody’s and Fitch recently downgraded Ghana’s credit rating.

Moody’s downgraded Ghana’s long-term issuer and senior unsecured debt ratings to Caa1 from B3, and changed the outlook from negative to stable.

It said the new rating reflects the woes of Ghana in fixing its liquidity and debt challenges.

The government has declared intentions of revitalizing the economy through the introduction of the electronic transfer levy.

Many have however argued that the e-levy is not a reliable means of generating revenue.

Mr. Mahama recently advised the government to engage in extensive consultations to help revive the economy.

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