Mahama Promises National Economic Dialogue in First 120 Days if Elected

John Dramani Mahama, the Flagbearer of the National Democratic Congress (NDC), has pledged to convene a National Economic Dialogue within 120 days of his potential presidency.

This initiative, announced on August 24 in Winneba during the launch of the NDC’s 2024 manifesto, aims to establish a comprehensive four-year fiscal consolidation program.

Mahama emphasized that this dialogue will be a cornerstone of his strategy to rejuvenate Ghana’s economy.

The proposed program addresses current economic challenges and lays a solid foundation for sustainable growth.

Below his other measures…

• Rationalise taxes.
• Abolishing among others E-levy, COVID levy, and 10% levy on bet winnings.
• Review import duties and levies on vehicles and equipment meant for industry and agricultural purposes.
• Rationalise ports fees and charges.
• Implement emergency measures to stabilize the Ghana Cedi and the macro-economy.
• Use Price Stabilization and Recovery Levy to cushion consumers.
• Investigate NPP’s opaque Gold-for-Oil deal.
• Review the Gold Purchase Programme of the Bank of Ghana.
• Restore the licenses of wrongfully collapsed banks and financial institutions.
• Increasing indigenous participation in the banking and financial sector.
• Free statutory funds (GETFUND, NHIL, Road Fund…) for their mandated objects.