National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, has expressed confidence in the party's chances of retaining power in the next general election. He attributes this optimism to the government's current pace of work, particularly in economic stabilisation.
Economic Stabilisation Key to NDC's Chances
Speaking on JoyNews' PM Express on Tuesday, Asiedu Nketiah said he was satisfied with the progress made by the government so far. "I'm happy about what we have been able to achieve so far. I'm praying that we should be able to maintain the pace, or even improve from what we have done, and it will not be difficult for us to retain the seat," he said.
The NDC chairman identified economic stabilisation as the key achievement that gives him confidence about the government's performance. He explained that controlling major economic indicators is critical because it lays the foundation for growth, investment, and job creation.
Government's Progress in Economic Management
According to Asiedu Nketiah, the government has made progress in managing the depreciation of the cedi, inflation, and other important economic indicators. "So we've gotten control over the depreciation of the cedi, we've gotten control over the inflation rate, and then these two key parameters, and then our debt-to-GDP ratios, our recurrent expenditure versus total expenditure, and all the key indicators are pointing in the right direction," he said.
He added that a stable economy creates the conditions for businesses to access affordable capital, expand operations, and create jobs. Asiedu Nketiah also pointed out that interest rates are linked to inflation and that bringing inflation down allows for lower lending rates that support investment.
Infrastructure Development and Growth
Beyond economic management, the NDC chairman said the government is also focused on creating the right environment for growth through infrastructure development. He pointed to road construction and other infrastructure projects as part of efforts to support economic activity. "Apart from that, there is the whole area of creating the enabling environment that includes provision of the right infrastructure. That is why we are focusing so much on the road construction and other infrastructure projects that will create an environment," he said.
Asiedu Nketiah's comments come at a time when the government is facing increasing pressure to deliver on its promises. The opposition NDC is expected to face stiff competition from other parties, including the New Patriotic Party (NPP), in the next general election. The NDC chairman's confidence in the party's chances may be seen as a boost to the party's morale, but it remains to be seen whether the party can retain power in the face of growing competition.
The outcome of the next general election will depend on a variety of factors, including the performance of the government, the popularity of the party, and the voting patterns of Ghanaians. Asiedu Nketiah's comments highlight the importance of economic stabilisation and infrastructure development in the government's efforts to support growth and job creation. Whether these efforts will be enough to retain power for the NDC remains to be seen.
Source: Joy Online
