![President John Dramani Mahama [L] and Dr Bawumia](https://cdn.ghanaweb.com/imagelib/pics/962/96216343.295.jpg "President John Dramani Mahama [L] and Dr Bawumia")
President John Dramani Mahama [L] and Dr Bawumia
President John Dramani Mahama has refuted former Vice President Dr Mahamudu Bawumia’s assertion that the current administration lacks specific policies impacting the performance of the currency by attributing the recent appreciation of the Ghanaian cedi to good leadership and governance.
Speaking to the Ghana Catholic Bishops Conference on Friday, May 23, President Mahama said that intentional leadership decisions, not sporadic policy implementations, are what have led to the economic stabilization and misery reduction gains.
“Somebody says, point to one policy that you have implemented to make the cedi appreciate, and I said it’s not about one policy. The answer is effective leadership,” President Mahama said.
“With effective leadership, we can turn this economy around and create a better life for our people, and that is what I’m committed to.”
Dr Bawumia challenged the National Democratic Congress (NDC) to pinpoint a specific policy that was responsible for the improvement in the cedi’s performance during a meeting with Young Executive Forum (YEF) members in London.
“If you are to ask the NDC to point out exactly what policy they have implemented that has resulted in the appreciation of the cedi, they cannot tell you one,” Dr. Bawumia said.
He ascribed the currency’s stability to long-standing programs like the NPP’s gold buyback scheme.
Responding to Dr Bawumia’s assertion, President Mahama emphasized the significance of leadership in reviving public trust and promoting economic recovery.
“Ghanaians had bought into the message, and they believed that I would be able to reset things in order to build the confidence of our people in our democracy again,” he noted.
“Every step I’ve taken is meant to restore the faith of our people in our democracy and let them know that we can lead this country in a way different from what has been done in the past.”
KA
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