Mr Mahama was speaking at the Lawyers’ Conference of the opposition National Democratic Congress (NDC) on Sunday, August 28, when he said the current economic hardship in the country must be placed at the doorstep of President Akufo-Addo and his Vice, Dr Mahamadu Mahamadu.
But, he said the NDC party will turn the fortunes around if they win power in 2024.
“Ghanaians are looking up to the NDC to restore hope and turn the fortunes of our motherland around from the pitiable state in which we currently find ourselves. At this time, Ghana our motherland is in deep crisis. Our economy is in a dire situation,” he said.
“Our economic fortunes deteriorate with every passing day. Ghana is facing an unprecedented economic tailspin of runaway inflation, which is currently measured at above 30%; [and] a fast depreciating currency,’’ Mr. Mahama added.
“Let me add without equivocation that [this is] the government that has proven to be the greatest political scam in the history of the 4th Republic. By current indices, the Akufo-Addo and Bawumia NPP government remains the worst ever in the history of our 4th Republic”, he continued.
The country’s currency, the Ghana Cedi, has in recent times sharply depreciated against the US dollar in what many businessmen, including the Ghana Union of Traders Association (GUTA), have described as ‘unfortunate’.