President John Dramani Mahama pushed back on criticisms from former Vice President Mahamudu Bawumia, asserting that the recent strengthening of the Ghanaian cedi stems from effective leadership and prudent governance, not a singular policy measure.

Dr. Bawumia, during remarks at a Young Executive Forum event in London, cast doubt on the opposition National Democratic Congress’s (NDC) claim of credit for the currency’s improved performance. “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,” he said, instead crediting stability to programs initiated under the New Patriotic Party (NPP), including a central bank-led gold purchase initiative.

President Mahama, speaking in Accra on Friday during a meeting with religious leaders, rejected that narrative. “Somebody says, point to one policy that you have implemented to make the cedi appreciate, and I said one policy? It’s not about one policy. The answer is effective leadership,” he said.

Mr. Mahama pointed to broader macroeconomic management as the underlying driver of the cedi’s resilience, citing fiscal discipline, restored investor confidence, and stable governance. “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,” he added.

The president further pledged to entrench current economic gains, stating that the administration’s reforms would leave a lasting foundation, regardless of future political transitions. “By the time we finish these four years, we will set such a standard in government that whichever party or whichever people come into governance cannot reverse the gains,” he said.

Source:TheDotNews