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‘It’s A Bloody Lie To Blame Covid And Russia-Ukraine Crisis For The State of Our Economy’ – Mahama

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Former President, John Mahama has accused the government of deceiving Ghanaians about the cause of the current economic crisis.

He said the government’s attribution of the current economic crisis to Covid-19 and the Russia-Ukraine crisis is a “bloody lie”.

Finance Minister, Ken Ofori-Atta at a press conference in Accra last Thursday explained that “the war in Ukraine could not have come at a worse time for the global economy.

However, interacting with the Executives of the USA Chapter of the NDC in Boston over the weekend, the 2020 NDC Presidential Candidate said the Budget under the Akufo-Addo administration has always had ‘holes’ in it.

“I have accused the Finance Minister several times that he is doing creative accounting, because there is a huge liability numbers that he will never add to the budget. He puts them as appendixes but when you add them to the budget he says I have 4.5% deficit when you add them to the budget you find out that he is close to a 7.58% budget deficit. So there has always been a hole in the budget if they tell you that it is Covid and Ukraine that has brought us to this situation, it is a bloody lie,” John Mahama said.

“The fundamentals were already shaking, so you can do all the propaganda you want with the fundamentals, you know Covid will expose you,” he added.

“I said that when I come into office within 90 days of my administration I will call a stakeholders meeting and bring everybody who is a stakeholder in the education sector to review the Free SHS so that we can make it more efficient, cut out the waste and all that and of course, they did politics with it…one lawyer said review means cancel. Now they say all flagship programmes are up for review and so the question is, are they cancelling those projects? Because they are using the same word that I used,” he stated.

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