The Founding President of IMANI Africa, Franklin Cudjoe, has cautioned the National Democratic Congress (NDC) against complacency and assuming a victory in the upcoming 2024 general elections.
The party, he said, needs to preoccupy itself with propagating interventions that will reduce Ghana’s over-reliance on borrowing and avoid another IMF programme in 2026.
In a recent Facebook post, Franklin Cudjoe underscored the absence of detailed economic strategies from the NDC, calling for well-defined interventions to bolster Ghana’s economy.
He emphasized the need for the NDC to provide clear metrics on their job creation and economic growth promises.
He said, “There is a need for the NDC to coordinate and relate the many promises of creating employment and ascertain by an estimated figure the qualitative addition to GDP.”
The IMANI boss announced plans to release a detailed analysis of the major political parties’ economic plans, evaluating their potential impact on the country.
This objective assessment aims to provide clarity amidst the heated partisan debates.
Cudjoe underscored three major risk factors to Ghana’s economy: rising public debt, persistent waste and leakages, and slowing GDP growth.
He explained that these factors strongly constrict the government’s capacity to sustain investment without disrupting other aspects of the economy, affecting the delivery of projects and raising the cost of living.
Ghanaians are preparing to go to the polls on December 7 to elect a new president and members of parliament,