NPP Economic Guru Lauds Mahama

NPP spokesman on the Economy, Hon. Mark Asibey has lauded President Mahama�s pragmatic move to invite Ghana�s development partners such as the IMF to support the government�s programme for stabilization and growth, pointing out that ��in all, the benefits [from getting IMF support] will still outweigh the downside, so it�s a step in the right direction�. Hon. Mark Asibey-Yeboah, obviously stating the NPP�s position on the matter, was quoted in a Bloomberg report as having observed that although President Mahama�s move may come with ��conditions that will demand that the government adopt additional measures to fight inflation� also demand a freeze on wages,� �the benefits will still outweigh the downside, so it�s a step in the right direction.� The NPP has for sometime now been pushing government to lay off a sizeable proportion of the public sector workers as part of measures aimed to bring the public sector wage bill under control. It would be recalled that Dr. Anthony Akoto Osei recently strongly suggested to government to lay off public sector workers since the country�s current wage bill has become unsustainable. Buttressing Dr. Akoto Osei�s position, Franklin Cudjoe, a man who had been rumoured to be under consideration as a possible running-mate to the Mr. Akufo-Addo, the serial-losing NPP 2012 flagbearer, also recently called on government to lay off public sector workers as a measure aimed at bringing the wage bill under control. Mahama and his team has, in the midst of all these advise, been focused on formulating and implementing their homegrown policies aimed to not only achieving stability in the short-term, but also to fundamentally transform the structure of the economy from import dependency to export-driven. On Friday, President Mahama directed that immediate initiatives be taken to open discussions with the International Monetary Fund and other Development Partners to support of the government�s homegrown programmed for stabilization and growth of the economy.