Nhyiaeso MP Criticizes NDC for ‘Cherry-Picking’ Economic Successes Amid Cedi Appreciation

The Member of Parliament for Nhyiaeso, Dr. Stephen Amoah, has taken a swipe at the opposition National Democratic Congress (NDC), accusing the party of what he describes as “selective credit-taking” over recent gains by the Ghanaian Cedi.

In a press briefing on Wednesday, Dr. Amoah said the NDC’s attempts to link the local currency’s modest appreciation to its policy suggestions or previous governance record were misleading and opportunistic.

“The NDC cannot cherry-pick aspects of economic performance to suit their narrative,” the MP asserted. “When the economy faced challenges, they blamed the government entirely. Now that we are seeing improvements, they want to take credit. It doesn’t work that way.”

The Cedi has seen a slight recovery against major foreign currencies in recent weeks, a development some NDC communicators have linked to prudent fiscal management ideas first proposed under the Mahama administration.

Dr. Amoah, who is also a former Deputy Minister for Finance, argued that the recent stability is largely the result of deliberate monetary and fiscal policies implemented by the current New Patriotic Party (NPP) administration, particularly under the IMF-supported Post-COVID Programme for Economic Growth (PC-PEG).

He further urged the opposition to engage in more constructive dialogue rather than what he called “political point-scoring.”

As Ghana continues to navigate economic recovery post-COVID and amid global financial pressures, the appreciation of the Cedi has become a focal point in the country’s political and economic discourse ahead of the 2024 general elections.

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