A Former National Treasurer of the People’s National Convention (PNC), Adams Adabengba Akane, has called on minority political parties to support the parliamentary candidate of the National Democratic Congress (NDC) in the upcoming Assin North Constituency by-election.
He explained that it was necessary to maintain the current hung Parliament status of 137 Members of Parliament (MPs) each for the Majority and Minority Caucuses in Parliament to be able to check and impede the government’s incessant taste for borrowing.
In a statement issued in Accra yesterday, Mr Akane noted that, it would be disastrous to the country’s economy to give an absolute parliamentary majority to the current government which had shown they were not prepared to listen to the people.
He stated that, it would be unfair and unjust to the people of Assin North “if they are denied of the representation they so wished since it is not for nothing that Ghanaians elected to have a hung Parliamentary system in the 2020 elections.
“We must uphold the virtues of rule of law against all attempts and machinations to pervert its principles and tenets and it is my strongest believe that all the minority parties should see the upcoming by-election in Assin North Constituency as a saviour project meant to salvage and restore the dignity of our current Parliament and nation in holding the current government accountable,” Mr Akane indicated.
Mr Akane urged citizens to view the upcoming by-election in the Assin North as a political exercise that would help in improving the current political system, and also consolidate the rich parliamentary democracy.
Despite capital injection from the World Bank and other financial support and assistance during the COVID-19 pandemic, he pointed out that the current economic situation was as a result of bad policies by the government.
“The high cost of living, rise in unemployment rate, high interest rates, unstable inflation, persistent decline in our reserves, as well as the poor management of our Cedi have led us to once again to the International Monetary Fund (IMF) for a bailout.
“Our current economic challenge is as a result of the fiscal recklessness, fiscal indiscipline and lack of innovation by the government which have led to investors reducing confidence in our economy, and thereby limiting our chances in the international capital markets,” Mr Akane stressed.
He faulted the government for what he described as “nothing to show for” programmes such as One District One Factory (1D1F) and Nation Builders Corp (NaBCO) and disagreed with the government’s arguments that the current fiscal imbalances were due to Russia invasion of Ukraine and COVID-19 pandemic.
