News
We’re focused on results, not slogans – Deputy Finance Minister fires back at Bawumia’s Cedi comments
Deputy Minister of Finance, Thomas Nyarko Ampem, has dismissed recent criticisms by former Vice President Dr Mahamudu Bawumia regarding the performance of the Ghanaian cedi, accusing them of focusing on “empty sloganeering” with the Cedi during their time in government.
Dr Bawumia, addressing the Young Executive Forum in London as part of his UK “Thank You Tour,” questioned the policy basis for the recent appreciation of the cedi, suggesting the gains were not backed by any substantive economic strategy.
But in a sharp rebuttal on Joy FM’s Midday News on Tuesday, 20 May, Mr Nyarko Ampem accused the former Vice President of continuing his well-known pattern of rhetoric without results.
“I’m not surprised by the statement made by the former Vice President. A man known for sloganeering during his time in office would naturally make such comments,” the Deputy Minister stated.
He said, “But the difference is clear — while they shouted slogans, we are quietly delivering results.”
Mr Nyarko Ampem stressed that the current administration, under the National Democratic Congress (NDC), is focused on measurable outcomes rather than political point-scoring.
“For us, we will not be going around shouting about slogans and policies. We will deliver. And the end will justify the means,” he affirmed.
He highlighted specific interventions that have supported the cedi’s recent stability, pointing to the government’s strategic initiatives, such as the establishment of the Gold Board, which he described as a turning point.
“We spoke extensively about the Gold Board and told Ghanaians it would make a difference. From January to April 2024, gold exports were around $860 million. Today, thanks to the Gold Board and our structured approach, we’ve exported over $2.7 billion worth of gold. That is not talk — that is delivery,” he explained.
The Deputy Minister also credited the revival of a derailed IMF programme with boosting investor confidence and creating macroeconomic stability.
“Since we took over, borrowing has reduced, and Treasury bill rates have been dropping consistently since February. These are tangible results, not slogans. And that’s what’s driving the growing confidence in our economy,” he said.
In a final jab at Dr Bawumia, Mr Nyarko Ampem urged him to reflect on the economic difficulties experienced under his watch.
He concluded,“The difference is obvious. Lives are becoming bearable again, and that’s what matters most.”
Source: Myjoyonline.com
A leading member of the newly rebranded United Party, also known as UP, Hopeson Adorye, has called on Ghanaians who feel dejected or oppressed in politics to join the new party, describing it as a better political home for all.
He made these remarks at the launch and rebranding of the Movement for Change into the United Party (UP) at the Coconut Grove Hotel in Accra on Thursday, October 16.
Mr. Adorye explained that the party was fully ready to serve as an alternative political force to address Ghana’s challenges.
He noted that the UP leadership was focused and determined to change the country’s political structure and bring meaningful transformation.
He stated that the party’s vision was to build a united Ghana, stressing that without unity, the nation could not make real progress.
According to him, the mission of the UP was to create a prosperous country where every citizen could provide for themselves and their families.
Mr. Adorye emphasised that the new party was not formed to destroy any existing political organization but to contest and win elections to bring about the needed change.
He expressed confidence that many Ghanaians from different political backgrounds, including those dissatisfied with their current parties, would join UP+ because of its values and inclusive ideology.
He added that the party was building its structures from the grassroots and hoped to complete them by the end of the year as part of efforts to strengthen its national presence.
The Founder of the United Party (UP), Alan Kwadwo Kyerematen, also addressed the gathering and reflected on the transformation of the Movement for Change into the UP+.
He explained that the rebranding marked a new phase of political renewal, symbolized by the monarch butterfly in the party’s logo, which represents transformation, resilience, and endurance.
Mr. Kyerematen noted that the colors of the party yellow, black, and white stood for Ghana’s gold resources, the black star of Africa, and purity, respectively.
He stated that the UP stands for ethical leadership, integrity, and unity, adding that many of its members entered politics to serve the nation, not for personal gain.
He revealed that the party’s Great Transformational Plan (GTP), which has received global recognition, would guide the UP+ government when elected.
“The plan is designed to stabilize the economy, reduce the national debt, and promote industrial growth through ten strategic anchor industries” he added.
He explained that the health policy would emphasize preventive care, community-based services, and the inclusion of traditional and herbal medicine, which many Ghanaians rely on.
Mr. Kyerematen further stated that the UP would promote a strong Pan African agenda, explaining that Ghana’s prosperity must be tied to the wellbeing of the entire continent.
He noted that the party believes in Ghana first, and its policies were anchored on uniting the country and restoring hope in national development.
By: Jacob Aggrey
Flagbearer hopeful of the New Patriotic Party, Dr. Mahamudu Bawumia, has appealed to the rank and file of the party to rally behind him as he prepares to lead the party in the 2028 elections.
Addressing delegates in Sene East during his campaign tour, he highlighted key contributions to the party.
He revealed that at the behest of former president, Nana Addo Dankwa Akufo-Addo, he left his job at the Bank of Ghana to work for the NPP.
According to him, many asked him to rescind the decision. However, because of his loyalty to the party, he resigned from the bank to be their running mate.
He added that at the African Development Bank, he resigned in 2012 just to serve the party at the highest level.
“I defended the party in 2012. We lost, but I stayed in Ghana to put pressure on John Dramani Mahama and the NDC,” he added.
He is therefore urging the party to choose continuity and to back his leadership.
By: Jacob Aggrey
Profile6 days agoAlbert Litela Obidiaba: The artist who wove Ghana’s soul into the King’s Baton
- News6 days ago
Daddy Lumba’s wife, children run to court to injunct December 6 funeral arrangements
News1 week agoPresident Mahama to meet Auditor-General, Chief Justice and Attorney-General over misuse of public funds
