Sammy Gyamfi, a prominent politician in Ghana, has accused two key members of the country’s economic management team, Alan Kwadwo Kyerematen and Dr. Mahamudu Bawumia, of participating in the mismanagement and collapse of Ghana’s economy.
During a panel discussion on Metro TV on Thursday, April 27, Gyamfi stated, “It is true that Alhaji Bawumia has been an unmitigated disaster as vice president and chairman of the economic management team, which is why Ghana’s economy is in its current state of collapse.”
He added that Alan Kyerematen, Bawumia’s colleague in the economic management team, is equally responsible for the failure of Ghana’s economy.
“It is also true that Alhaji Bawumia lacks credibility, but that doesn’t make Alan Kyerematen an angel; Alan Kyerematen is equally a failure. He’s not an option for the people of this country, so if you want to talk about your internal election primaries, you can do that. If you want to walk to keep fit, that is okay, but for the ordinary Ghanaian watching us this morning, everything you have said here means nothing,” Gyamfi said.
Gyamfi went on to state that Kyerematen was a critical member of the economic management team that has caused Ghana’s current economic crisis.
“Alan was a key player in that team, which has caused the mess we find ourselves in. Look at the sector he was in charge of at the Ministry of Trade and Industry; what is his terminal report? At the time he was resigning, the manufacturing sector was growing at 4.5%. This is a sector that has grown by 7.9% in 2016,” Gyamfi added.
He went on to criticize the current economic situation in Ghana, stating that there is a total freeze on unemployment and that young people cannot get jobs in the civil or public service.
He also criticized the lack of access to textbooks and capitation grants in the basic school system and the high inflation rates and taxes that are crippling businesses.
“Inflation is moving around 45%, interest rates are moving around 40%, and businesses are collapsing under the weight of high tax payments and high taxes on doing business. So this is not the time to be celebrating a man who was part of the economic management team that has created this mess. You can do your own internal politicking in your party; you can even show how Alan is better than Bawumia relative to the options available to NPP delegates, but as far as Ghanaians are concerned, Alan Kwadwo Kyerematen is a monumental failure just like Alhaji Bawumia,” he concluded.