Minority Leader urges President Akufo-Addo to reduce Government size

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, the () Leader in , has urged President Nana Addo Dankwa to reduce the size of his government.  

“That is the real big thing to do. There are more Ministers, Deputy Ministers, and unwanted political appointees. Let them go home,” Mr Iddrisu said in his concluding remarks during the Parliamentary debate on the Statement and Economic Policy of the Government. 

“We are not in normal times. Mr , contrary to the 's claim in the that our debt to (GDP) ratio was 76 per cent, the Government has now admitted that it is an unthinkable 105 per cent. This puts our actual public debt well above GHC500 billion.” 

Mr Iddrisu said with such an unsustainable debt level, the Government was now compelled to reduce the debt and bring the debt-to-GDP ratio downward. 

He said in the circumstance, the /Bawumia Government had decided to implement debt restructuring measures that would see it failing to pay between zero to 10 per cent interest to government bondholders and creditors staggered over the next 10 years.  

The underscored that the Minority shall scrutinize all the annual estimates of the Statement and Economic Policy of the Government. 

This, he said was to ensure that there was no hiding of schemes in paragraphs within the Budget and no hiding of allocations in appendices.  

“We shall find them, expose them and call for the expunction prior to approving them. 

He urged the Government to move away from trivialities and deal with the real matters,” he said. 

“If the is serious about reducing expenditure it should move away from petty issues such as reducing the size of convoys, banning the use of V8, reducing fuel allocation by 50 per cent, banning foreign travels, hampers and diaries.” 

He said these haircuts were a complete threat to the financial sector and to investors, adding that this situation was completely avoidable but of the reckless, incompetent and mismanagement by the /Bawumia government. 

should show leadership by outlining more credible and deeper cost-cutting measures that will signal a departure from the old ways  For starters, President Nana Addo should reduce the size of his government,” Mr Iddrisu said. 

He said fiscal consolidation also involved deep expenditure cuts and prudence in scarce resources. 

He reiterated that the people of alone could not be called upon to withstand the worst of the economic mismanagement and attendant hardships while those responsible for the crisis continued as if nothing happened or they did nothing. 

Source: Iddi Yire
Via: GNA

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