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Gideon Boako credits NPP for foundations of single digit inflation
Member of Parliament for Tano North and Spokesperson to Vice-President Mahamudu Bawumia, Gideon Boako has argued that Ghana’s current single-digit inflation is possible because of policy measures put in place by the former New Patriotic Party administration.
Addressing Parliament, Mr Boako explained that by April 2014, the Government of Ghana had signed a Standard Credit Facility Agreement with the IMF which introduced macro-fiscal programs aimed at reducing inflation.
He noted that the plan, which was communicated by both the IMF and the Bank of Ghana, was structured to bring inflation down to single digits by the end of 2025.
He stated that the current administration only continued the program that was already in place and is now benefiting from it.
He added that officials of the previous government should be proud that their policies have contributed to the current inflation achievement.
Mr Boako however expressed worry over what he described as the tools used by the present government to push inflation down.
He warned that these tools could affect the wider economy and ordinary citizens.
He identified two measures he believes were used in 2025 to support the single-digit inflation.
The first was “sterilization” by the Bank of Ghana, which he explained as a monetary mechanism that withdraws money from the public and channels it back into the central bank.
He argued that this reduces disposable income and affects household consumption.
The second measure, he explained, was what he called excessive fiscal consolidation by the Ministry of Finance, anchored on delayed payments and what he described as arrests intended to present a good public image.
Mr Boako referenced paragraph 248 of the budget statement, which outlines intensified open market operations by the Bank of Ghana in line with its disinflation goals. The document notes limits placed on net domestic assets through higher stabilization and reduced claims on government.
He highlighted the minister’s report that 62 billion cedis was involved in this process and cautioned that the economic impact of these actions must be examined closely.
By: Jacob Aggrey
The Criminal Investigation Department has launched an investigation into a viral video in which a woman identified as Arianna Naomi Mackey, an American citizen, claims she was kidnapped by five masked men, whom she alleges were officers of the Ghana Police Service on snap-check duty in Accra, and robbed her of some amount of money.
Preliminary investigations indicate that the video was recorded at a hotel in Accra where Ms. Mackey and two companions were staying.
According to the police, investigation also confirmed that they checked out of the hotel on December 5, 2025.Checks at the Kotoka International Airport also disclosed that she left Ghana on the same day.
The Police subsequently contacted the alleged victim to assist the investigation. She indicated to Police that she was out of the country and she could not get the names of the alleged officers nor the number plate of the vehicle they were using.
Police further requested for the contact details of her friend in Ghana, who she said was with her during the time of the incident.
She, however, stated that her friend does not want to be involved in the investigation.
According to the police, she has since deleted the video on her page and further efforts by the Investigators to contact her through WhatsApp calls and messages have proved unsuccessful, as she has declined to respond and later blocked the team.
Meanwhile, efforts are ongoing to secure her cooperation through appropriate diplomatic channels.
The Ghana Police Service has noted that it treats such allegations very seriously and remains committed to uncovering the facts in this case.
The Northern Regional Police Command has arrested three men believed to be part of a kidnapping syndicate responsible for abducting a 42-year-old man in Wapuli, a community in the Yendi District.
The suspects, Haruna Seidu, Amidu Bandi and Osman Bandi allegedly kidnapped the victim and demanded GH¢100,000 from his family for his release.
According to a police statement, officers from the Regional Police Intelligence Directorate were deployed to Wapuli after the incident was reported.
The team conducted surveillance and launched a rescue operation.
On Friday, December 5, 2025, police successfully rescued the victim and arrested the suspects after what was described as an intense exchange of gunfire.
The suspects were later taken into custody and are expected to be arraigned before court.
The Police said the a fourth suspect, who is believed to have sustained gunshot wounds during the operation, is currently on the run.
They urged the public to provide any information that may lead to his arrest.
By: Jacob Aggrey
