The NPP campaigned in poetry and now governing in prose.
It's so fascinating to see the Vice President,Dr Mahamudu Bawumia making mockery of Ghanaians by playing with the Economic Stability of the country.
The Bawumia initiative of One District, One Factory,One Village,One Dam and 1$million Dollars per every Constituency became the catchy promises of the NPP Government.
Bawumia disgracefully told Ghanaians that, they have a better Economic Management Team that is capable of Changing water into Wine.
Unfortunately,the external factors are now exposing him granted that the fundamentals of the economy are still strong.
For a vice president to play rhetorics whiles in opposition and now stuck with realities,has made him the most useless Vice president ever in the 4th Republic.
Ghanaians have lost trust in the management of the Economy simply because the exchange rate has skyrocketed.
The hard truth was laid bare to Ghanaians as more and more of the external debt was only consumed by the family and friends Government.
In 2008,the actuals was $750 US million dollars and only $119 US million dollars was spent on Capital,the rest $ 631 US million dollars was spent on family and friends as consumption.
In 2019-projected 2billion US dollars Euroband is expected of which $390 US dollars is to be spent on Capital and whopping $1.61 US billion dollars to be spent on family and friends as Consumption.
Total expected Euroband is to hit #2.75 US billion dollars of which $509US million dollars shall be spent on Capital and $2.241 US billion dollars to spent on family and friends as consumption.
The above data clearly exposes the Economic Management Team of the NPP as the most deficiency team that only raises Eurobond for consumption.
In conclusion,the public purse is bleeding profusely because the Economic Management Team are only good at borrowing for consumption though the Vice president in opposition alluded that Money is in Ghana and borrowing is a lazy man's approach.
*Signed*
*..........*
*Diplomatic Mobarak*
*Deputy Comm.Officer*
*Nkwanta South*
*0248690371*
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