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NDC 2020 Manifesto Promises: Where Will The Money Come From? – Sammy Gyamfi Answers

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The National Democratic Congress (NDC), having launched its 2020 manifesto which according to Joy News came with over 600 promises has got a lot of eyebrows raised.

Many including Policy Think Tank, IMANI Africa have asked where the NDC will get the money to fund these promises should it be given the nod in the December polls.

And according to the party’s National Communications Officer, the next NDC government will do so based on a smart and prudent management of the nation’s resources.

In statement, Sammy Gyamfi noted that unlike “the Akufo Addo government which chose to spend the unprecedented resources they have had on consumption-related expenditures,” a future NDC government “on the other hand, have chosen to spend the resources that will accrue to the nation on infrastructural and productive initiatives for the benefit of all Ghanaians. We have done it before and we shall do it again.”

Read full statement below:

NDC 2020 Manifesto Promises- where shall we get the money from?

For those who are wondering how the next NDC/Mahama government will finance the transformational policies and programs in our Peoples’ Manifesto, please note that:

  1. The main reason the Akufo Addo-government has very little developmental projects to show, is not because they haven’t had access to adequate resources. Indeed, no government in the history of Ghana has been so lucky as the Akufo Addo government in terms of the astronomical monies that have been available to it- a total resource envelope of about GHS374 billion, which is nearly twice as much resource that was available to the erstwhile Mahama government (GHS193 billion).

Despite this, President Mahama with significantly less resources has completely dwarfed the NPP in every sector as far vital development infrastructure of our country is concerned. This shows the NDC’s superior track record of delivering maximum with minimum resources.

Governance is all about priorities and choices. The Akufo Addo government chose to spend the unprecedented resources they have had on consumption-related expenditures. We on the other hand, have chosen to spend the resources that will accrue to the next NDC/Mahama government on infrastructural and productive initiatives for the benefit of all Ghanaians. We have done it before and we shall do it again.

  1. Even though the NPP has in 3 and half years borrowed and added to the Public Debt, nearly GHS140 billion way more than the total debt of Ghana from Kwame Nkrumah era to 2016 (GHS120 billion), the percentage of capital expenditure as a percentage of our GDP, has declined from 4.5% in 2016 under the Mahama administration to as low as 1.2%. This again shows the NDC’s superior capacity to do far better with the resources available. Delivering much higher development for Ghana by channelling more resources into infrastructure and productive initiatives which brings sustainable growth, jobs, prosperity and more, as opposed to NPP that concentrates on consumption and profligacy.
  2. To achieve the “Big Push” for example, the NDC government will follow this track record, and redirect resources heavily into development infrastructure and thus increase the ratio of CAPEX to GDP from the current low 1.2% to above 4% as was the case in the year 2016 under the Mahama administration.
  3. US$10 billion dollar for the big push may appear to be a lot, but when we remember that between 2013 to 2016, about $6 billion was channelled into development infrastructure in Ghana by the Mahama administration, there is no doubt at all about NDC’s capacity to do it.
  4. If we could do so much for the country with just one oil field (Jubilee field), which in 2016 was not even producing at full capacity- imagine what we can do with three (3) oil fields, two of which came about as a result of John Mahama’s leadership and investments into the oil and gas sector. The next NDC/Mahama government will channel a greater percentage of our oil revenues into massive developmental and productive projects.
  5. The NDC over the years, has demonstrated massive creativity in the way we so competently created the environment that allowed a number of organisations to become so financially strong that they were able to use their own balance sheet to borrow without the people of Ghana having to be burdened by way of paying for those debts. For instance, under the Mahama administration, parastatals like:

a) The Ghana Ports And Harbours Authority was able to raise US$1.5 billion without government guarantee for the Tema Port expansion project.

b) The Ghana Airport company used a similar finance mechanism to raise about $300 million for the famous KIA Terminal 3 and other projects because their balance sheet was significantly enhanced by our decision to cede to them 100% of their IGF- a decision the NPP has reversed since 2017.

C) The $500 million Ameri Power Plant is another one of such innovative financing arrangements (BOOT).

  1. We also have the track-record of having the ingenuity to set up the Ghana Infrastructure Investment Fund (GIIF)- a major mechanism to enable us to raise global financing for major infrastructure to transform the country without further burdening the taxpayer.
  • We had the creativity to set up the Ghana EXIM bank with a view of turning us into an export competitive economy- the same bank which the NPP is using to partly finance their so called 1D1F without giving credit to President Mahama who established it.
  • The GETFUND is yet another example of our ability to think outside the box and create financing mechanisms for productive infrastructure developments.

So, the NDC has done it before and can do it again when given the opportunity.

  1. To achieve this, we shall cancel the obnoxious capping and realignment policy so as to improve the financials of state-owned enterprises and parastatals so they are able to undertake strategic infrastructure and development projects.
  2. Finally we shall resolutely protect the revenues and royalties of our dear country by:

i) stopping corrupt schemes like the Agyapa deal.

ii) reducing the number of ministries and the number of ministers- the record 125 Ministers and over 1000 Presidential Staffers will be reduced significantly and the savings channeled into productive initiatives for the benefit of all Ghanaians and not a select view.

iii) cut down profligate and wasteful expenditures, such as currently pertains at the Office of Government Machinery.

Iv) by waging a brutal war against corruption through Operation Sting to save the billions the country is currently loosing through graft and at the detriment of our development.

  1. We shall also employ advanced technology to enhance and maximize revenue mobilization through strict tax compliance, expansion of the tax net and efficient revenue mobilization.

These are but a few of the far-reaching and far-sighted means that the next NDC/Mahama government will adopt to generate and properly utilize our resources in pursuit of our bold and transformational agenda.

We have done it before, and we know how to do it. John Mahama and the NDC has the track record and can therefore be trusted to deliver again.

SAMMY GYAMFI ESQ.
National Communication Officer, NDC

Source: GhanaFeed.Com

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EC Boss Reveals How Some Names Got Omitted From The Voters’ Register

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Electoral Commission chair, Mrs Jean Mensah has explained how some names were omitted from the current voters register.

Addressing the press Monday, September 28, 2020, Mrs Jean Mensah said a process to export the information of registered voters onto secured storage is to blame for the missing names in the register.

“Registration of voters is done using Biometric Registration Devices at the Polling Stations. Thereafter, the data is then transmitted to the data centre where it undergoes the process of de-duplication by the Automatic Biometric Identification System (ABIS).

“In other words, the data is exported for secure storage and further analysis. The provisional register is then produced. In a few instances, the process of exportation of data from the USB sticks to the central server was faulty leading to shortfalls of data in some areas

“It is important to highlight that although the registration process is IT-driven, there is still a significant amount of human involvement that may result in errors in every step of the process from registration to exhibition. In short, due to unintentional human and administrative errors, the process of exportation of data from the BVD kits to the USB sticks and then to the Central Database was in a few instances faulty leading to shortfalls in some areas. In a nutshell, our technology performed optimally as expected, however, in some areas, the human element of ours fell short leading to some of the gaps in the data we experienced,” she explained

Source: GhanaFeed.com

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Chief Backs Naana Agyeman And NDC To Win 2020 Elections

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The Nkosohen of Atti-Morkwa Traditional Council in the Central Region, Togbe Gottah believes Prof. Naana Jane Opoku Agyeman and the National Democratic Congress (NDC) will emerge victorious in the December 7 polls.

Togbe Gottah says nothing can stop Prof. Opoku-Agyeman from becoming the first female Vice President of Ghana.

“Ghanaians have waited soo long to get female as a Vice President but thank God we have already gotten somebody and indeed she really deserves it,” he stated.

He urged his people to vote massively for the NDC party to return back to power and complete all stalled projects in the area which was initiated by the erstwhile Mahama administration.

Prof. Naana Jane Opoku Agyeman who visited the area as part of her campaign tour of the Region also called on the constituents to turn up in their numbers and vote for the NDC in the 2020 elections.

Source: GhanaFeed.Com

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News

Campaign For Us Or Be Expelled – John Boadu Warns Losing NPP Aspirants Wanting To Go Independent

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The General Secretary of the governing New Patriotic Party (NPP), John Boadu has said that the party will not tolerate independent candidates in this year’s elections.

The party will revoke the membership of such candidates who decide to go against the party rules to go solo in the 2020 general elections according to him.

Speaking on Okay FM’s ‘Ade Akye Abia’ Show, Mr. Boadu added that the party will also disown them should they even make it to Parliament.

He further appealed to disgruntled candidates to resort to the party’s constitution and other methods akin to the party’s constitution than to go independent which does not help in the development of a party that is seeking re-election.

Source: GhanaFeed.Com

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