- Minority Leader Alexander Afenyo-Markin said external factors are behind the upturn, not policy reforms
- He cited the IMF programme, debt relief, rising commodity exports, and reduced government spending as key drivers
- Afenyo-Markin acknowledged that the economy is improving but questioned whether it reflects prudent management
The Minority in Parliament has dismissed claims that the recent improvements in Ghana’s economy under President John Mahama are the result of government competence.
At a press briefing on Monday, January 26, Minority Leader Alexander Afenyo-Markin argued that external factors, rather than effective economic management, are driving the current economic upturn.
He pointed to the IMF programme, debt relief, rising commodity exports, and reduced government expenditure as the primary contributors to the improvements, rather than reforms or restructuring efforts by the administration.
“We have been told that the economy is performing well, and that is not in question. But the critical issue is whether this growth is due to prudent management by the government, or whether it is the result of social intervention programmes that have created opportunities for young, ambitious Ghanaians,” he said.
“We submit that the so-called gains were not born out of the government’s competence. Instead, it is the IMF programme, debt relief, rising commodity exports, and reduced government spending that have fueled the recent upswing in Ghana’s economy—not any fundamental re-engineering by the government,” he added.
