Nana Addo’s gov’t ‘tragically incompetent’ – Fiifi Kwetey

DKM Microfinance customers threaten to invoke curses on Akufo-Addo

Member of Parliament for Ketu South Fiifi Kwetey has described NPP government led by President Nana Addo Dankwa Akufo-Addo as tragically incompetent.

According to the NDC legislator, the government has mismanaged the GETFund and has engaged in an avoidable borrowing spree.

“If you have a situation where a whole government will have access to about 1.4,1.5 billion cedis coming into GETFund and that government consumes about 1 billion of that amount and then you leave only about 400 million for infrastructure.

“And you turn around to come and borrow about $500 million, that’s almost 2 billion cedis plus, to do exactly the same thing the 1.4, 1.5 billion was given to you and you call yourself competent people, you are not, you’re tragically incompetent,” the Ketu South MP fumed.

Member of Parliament for Ajumako-Enyan-Essiam Constituency Cassiel Ato Baah Forson also bemoaned the increase in the country’s public debt under the NPP’s 18-month old government, “stating every Ghanaian including newly born babies, by current terms, owes GH¢5,798″.

However, a Deputy Finance Minister, Abena Osei Asare, said the government was under obligation to borrow partly because of the financial sector crises which led to the consolidation of five banks.

According to the Atiwa East MP, the government has not borrowed as much as the Minority makes it seem but “net on net we have actually borrowed about a billion and we can list the number of things we have done with this money”.

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