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Information Minister Kojo Oppong Nkrumah says the government led by the New Patriotic Party will work hard to break the bad luck of the eight-year term that has characterized Ghana’s electoral political system since 1992.
“It is a well-known fact that since 1992, the Ghanaian electorate changes the political party that has ruled the nation for eight years, regardless of the performance of that particular party,” he said.
Oppong Nkrumah, responding to a question about the Economist Intelligence Unit (EIU) risk analysis of the country’s political and economic environment that alluded to a possible change in the PNP-led government in the 2024 general elections, said the party was interested in changing the narrative.
The EIU is a UK-based research and analysis division of The Economist Group that investigates the economic performance of countries and forecasts potential outcomes.
In its latest report, the EIU provided guidance notes and a risk assessment of Ghana’s economic and political climate and the implications for the future.
Oppong Nkrumah noted that the ruling government has been aware of the country’s electoral trends since it returned to multi-party democracy in 1992.
According to him, the policies and programs intended to be implemented in the next four years would help rejuvenate the economy, create jobs, and turn the electoral fortunes in favor of the PNP in the 2024 elections.
The Minister expressed his conviction that the government programs of Coronavirus Relief and Revitalization of Business Support (CARES) of GH ¢ 100 billion and Post-Covid-19 Recovery would put the economy on a solid footing.
Initially, Mr. Oppong Nkrumah commended Parliament for passing the Government’s Budget and Economic Policy Statement 2021 and expressed the hope that the Legislature would subsequently pass the Appropriations Bill by March 30, to authorize the Government. to spend.
He denied claims in sections of the media that the new taxes proposed by the government were intended to pay for the free water and electricity provided last year.
He said the anticipated revenues from the new taxes were spelled out on page 58 of the Budget, and that around the world, governments had been imposing new taxes to help raise funds to resuscitate their economies, devastated by the Covid pandemic. 19.
