Professor Isaac Boadi, Dean of Accounting and Finance at the University of Professional Studies, Accra (UPSA), has argued that former President John Mahama’s poor economic management record makes him unfit to lead Ghana again.
Speaking on Accra-based Net2 TV’s The Seat Show on Monday, September 30, 2024, Professor Boadi criticized Mahama’s tenure, citing a low economic growth rate of 3.37% when he left office.
“Despite global challenges like COVID-19 and the war in Europe, the Akufo-Addo/Bawumia administration has managed the economy better,” Boadi said.
He stressed that Ghana’s economy grew by 4.7% in the first quarter of this year, exceeding analysts’ expectations with a 6.9% growth rate in the second quarter.
Professor Boadi also noted the Akufo-Addo administration’s success in reducing inflation to 7.6% by September 2019, the lowest since March 1992, despite the global economic downturn.
He questioned why Mahama, who governed during a relatively stable period, should be chosen over a government that has demonstrated better management during crises.
“Under Mahama, there was no COVID-19 or war in Europe, yet he left a growth rate of 3.4%.
Meanwhile, despite facing global challenges, the current administration has outperformed Mahama’s figures.
“Why should we elect someone who performed poorly,” he asked.
Professor Boadi urged Ghanaians to support Dr. Mahamudu Bawumia, whose background in economics, he believes, would contribute to Ghana’s growth.
“Bringing back Mahama is not the solution. His economic record is so poor that it would be a mistake for Ghanaians to elect him again,” he stressed.