Member of Parliament for Sagnarigu Attah Issah has reacted to comments made by former Vice President Dr. Mahamudu Bawumia, who appeared to downplay the National Democratic Congress (NDC)’s role in Ghana’s recent currency recovery.
In an exclusive interview on Channel One Newsroom on Tuesday, May 20, the lawmaker dismissed what he described as an opportunistic attempt by the New Patriotic Party (NPP) to claim sole credit for the cedi’s recent appreciation.
“The issue of politicising this discussion, I don’t think it was even worth it because whatever economic policies were generated, it resulted in an exchange rate of GHC16, so whether NPP contributed to it or not, the outcome of the 2024 election was enough,” Attah Issah said.
He argued that the NPP only embraces responsibility when the economy performs well.
“The NPP is only interested in taking responsibility when the situation looks good, but once it is not good, they never take responsibility. I am not surprised that Dr Mahamudu Bawumia said credit should be given to the NPP,” he added.
The Sagnarigu MP further highlighted the significant contribution of the previous NDC administration to Ghana’s economic stabilisation, especially through its handling of the country’s debt burden.
“To be fair, you cannot discount the impact of the debt restructuring programme that the previous government undertook in terms of fulfilling the IMF conditionalities,” he noted.
According to Attah Issah, Ghana’s successful negotiations with international creditors saved the country nearly $4 billion—a development that, in his view, alleviated pressure on the local currency.
“Ghana, after the extended creditors’ negotiations, was saved almost $4 billion. So, if we were to pay $4 billion of our national currency, there would have been some pressure on the cedi,” he explained.
