Dr. Mahamudu Bawumia, the New
Patriotic Party (NPP) running mate has hit hard at President Mahama again, describing
his economy as a toxic waste waiting for explosion.
Lashing at the Mahama government for
combining incompetence and corruption to create the toxic waste explosive
economy, Dr. Bawumia said if Ghanaians commit the mistake of giving President
Mahama and the National Democratic Congress (NDC) another term, the NDC would
tax the air Ghanaians breathe to run the messed up economy.
Sounding quite vexed at the
happenings in the country, Dr. Bawumia said: “What nonsense is this?
If the NDC
is not serious about the economy, I want to tell them here and today that, the
NPP and Nana Addo Dankwah Akufo-Addo are very serious about it. Mahama and his
incompetent government are joking with us, in fact.”
Addressing a charged gathering of
NPP supporters in Tema on Saturday, Dr. Bawumia said instead of Mahama and his
government growing the economy by putting exemptions on some imports, he had
rather found every means to ‘steal’ every money Ghanaian businesses earn,
including from the suffering citizen.
He said, today under the Mahama and
his NDC government, Ghanaians pay GHC10.5 billion interest annually on the
country’s annual debt of GHC99.9 billion, which he said could pay teachers’ and
nursing trainees’ allowances for forty years.
“Instead of this government thinking
of the Ghanaian and businesses, it further killed us with 17.5% VAT on
electricity for industry…do you think the high electricity tariffs were not
deliberate? “My brothers and sisters, the NDC and Mahama were taxing us to pay
for debts it owes Ameri and Kar Power.”
Establishing that the NPP, under
former President John Agyekum Kufuor, could pay both teachers’ and nursing
trainees’ allowances, the NDC had ‘wickedly’ cancelled those allowances because
they needed to settle the loans they had borrowed from the International
Monetary Fund (IMF).
The NPP, under the government of
Nana Addo and the NPP, Ghana would see a new economy where taxes on imports on
raw materials and machinery would be removed, Dr. Bawumia stated.
“In the new economy, the NPP
government would focus on growing the economy by shifting focus to production
where more jobs would be created to enable the county raise the needed revenue
to grow.
“Listen, a serious government needs
to grow the economy to raise revenue, so former President Kufuor, under HIPC,
reduced corporate tax rate from 32% that his government inherited from the
first NDC to 25%, and that was the magic that helped the NPP to introduce all
the social interventions the NDC and Mahama have been able to collapse.
“The high unemployment in the
country is due to the many taxes we are all witnesses to…but there is hope in
the NPP under Nana Addo.”
The difference between the NPP and
NDC, he established, is philosophical and so with that NPP philosophy, the goal
would be to make the economy a most business friendly one and with incentives
to businesses to enable them grow, he explained further. Therefore, the NPP
would give a tax break to businesses that would employ graduates.
Receiving thunderous applause from
the gathering, the NPP running mate said: “If the NDC has been able to prioritize
Woyome, SADA and bus branding, the NPP will prioritize the restoration of
teachers and nursing trainees’ allowances in our first year. We will teach the
NDC how to do a simple mathematical equation.
“There are a lot of vacancies to be
filled and in the new economy; the NPP will fill all those vacant positions.”
Dr. Bawumia was in the three constituencies of Tema in a first leg of his tour
to unite the front of the executives in the three constituencies, and to call
on the party faithful to remain resolute to the cause of the NPP, going into this
year’s general elections.
He charged the supporters to herald
the new economy message of the NPP and Nana Addo everywhere they would find
themselves. Concluding, Dr. Bawumia said: “We are seeing off these toxic waste
explosive economic managers this year, and by the grace of God, on January 7,
2017, Nana Addo will be sworn in as the President of Ghana. Ghana must brace
itself for a turnaround.”
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