15 August 2016
President John Mahama of Ghana has launched his 2016 presidential campaign with a promise to continue with the party’s transformation agenda for the country.
Mahama said on Monday in Cape Coast that by the time he ended his second term, the Ghanaian economy would have been firmly grounded and deliver the needed benefits to citizens.
He said that the first term had been a challenging but a positive and fulfilling one presenting the opportunities to lay a firm foundation for the nation.
The president expressed delight that his government had led a successful campaign of socioeconomic infrastructure transformation which could help the country’s economy to take off.
He assured Ghanaians of good economic prospects in the very near future as a result of the good work done by his government over the last three years.
“We are in an IMF programme; and by the time we exit that programme next year the economy will be more robust.
“For the first time in Ghana’s history the government has run the annual budget with zero percent financing from the central bank,’’ he said.
Mahama said that it was an indication that all the expenditure had come from the revenue raised by the government, which was unprecedented in the history of the country.
The president noted that the economy was coming out of the woods as a result of the three key steps taken under his watch in the last four years.
“Our focus over the past four years was in three major steps of stabilising the economy, fixing the energy crisis and investing in an impressive socio-economic infrastructure.
He assured his supporters that “by the end of my second and final term, we would be doing a firm single digit inflation, below 3 per cent budget deficit and a fast growing GDP.’’
Mahama said that his party would launch its manifesto in about two weeks to state clearly it’s proposed programmes for the country should it retain power at the December polls.
The opposition NPP is yet to launch its manifesto although it’s flagbearer, Nana Addo Dankwah Akufo-Addo promises to reshape the economy.