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Kofi Adams Says Dr. Bawumia is A Political Lying Economist

Kofi Adams
Kofi Adams

Campaign Coordinator and National Organizer of the ruling National Democratic Congress (NDC), Kofi Adams has joined the many NDC spokespersons refuting Dr. Bawumia’s lecture claims on the state of Ghana’s economy, held yesterday at the National Theatre.
Speaking at the lecture, Dr. Bawumia, the running mate of NPP’s Nana Akufo Addo said among other things that, President Mahama is “hoodwinking” Ghanaians by citing some supposed achievements, when in fact, he has achieved less, if you evaluate those achievements in relation to the money borrowed for infrastructural projects.
“If you compare the total cost of infrastructure expenditure from loans, from taxes, and from grants from 2009 to 2016, it is less than $7 billion; meanwhile, the government has borrowed $39 billion,” he said.
He asked: “So where is the rest of the money?”
On this particular issue, Kofi Adams is reported to have said it will take a political lying economist like Dr. Mahamudu Bawumia to say that government is hoodwinking Ghanaians with its infrastructural development.
He said: “it can only take a political lying economist to say such a thing. If you go for a loan to construct an airport, you don’t expect that you will gain profits in a year. Tamale Airport will be there forever. More planes will land there. And when landing, they would be paying a landing fee. We will also gain more profits on other services. That is how the Airport is going to pay the loan contracted… Every country that has developed has invested in infrastructure over a certain period, and that is what has generated enough revenue for the development of these countries.”
He went further to advise Ghanaians not to vote for a divisive party like the NPP as the outcome will be disastrous if they take power.
“They will divide this country. We know the record of the NPP. They sold Ghana Telecom which is now Vodafone; they sold Ghana Airways which is now a restaurant…President Mahama is already building hospitals, schools, and other projects… President Mahama is revamping the Railway lines which were sold as scraps under the NPP. And you want us to remove this experienced leader from office and bring in a try me and see president? No, Ghanaians will not do that. Former President Rawlings and Kufuor were both given an eight-year term. So why should President Mahama not be given a second for his remarkable record,” Adams said.



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