Former governor of the Bank of Ghana, Dr. Kwabena Duffuor, has made a bold assertion, proclaiming that the National Democratic Congress (NDC) boasts the most impressive performance record among Ghana’s political parties since the nation gained independence in 1957.
Dr. Duffuor made these statements during an exclusive interview on The Point of View show on Citi TV. The interview, closely monitored by InsiderGH.com, highlighted Dr. Duffuor’s perspective on the NDC’s contributions to the nation’s progress.
Citing specific achievements, Dr. Duffuor praised the NDC’s strategic initiatives in job creation that led to a significant reduction in unemployment rates, marking a historical shift between 2012 and 2013.
“Between 2009 and 2012, our performance has been unparalleled since independence. No previous government has accomplished what we did during this period. Over forty years, interest rates witnessed a remarkable decline, with Treasury Bills (TB) rates dropping below 10 percent. The Ghanaian Cedi experienced a 60 pesewas appreciation over four years, while our GDP surged to 14.5 in 2011,” Dr. Duffuor stated.
He emphasized the party’s exceptional focus on job creation during their tenure, resulting in a notable reduction of the unemployment rate to a mere 2.2 percent by the conclusion of 2012 and 2013. Dr. Duffuor confidently supported his claims with available data and figures that support the NDC’s impressive record.
“I am confident that we are emerging victorious due to our dedicated efforts. Despite the New Patriotic Party (NPP) holding power for seven years, their accomplishments pale in comparison to ours since independence,” he remarked.
While acknowledging challenges faced during the NDC’s governance, Dr. Duffuor pointed out that the Cedi-Dollar predicament of 2014 was primarily an exogenous issue, emphasizing that the depreciation of the Cedi was significantly influenced by external factors beyond the party’s control.
Dr. Kwabena Duffuor’s statements have ignited a new wave of political discourse, with supporters and opponents of various parties engaging in spirited debates regarding the assertion of the NDC’s superior performance record. As Ghana approaches its next election cycle, these claims are likely to play a role in shaping public perception and political strategies.
It remains to be seen how these statements will influence the ongoing political landscape in Ghana and whether the NDC’s purported achievements will hold up under scrutiny and in the eyes of the voting populace.
