Former Finance minister Seth Terkper says John Dramani Mahama’s policy alternatives are right under the noses of the New Patriotic Party.
The former Finance minister was responding to a question raised by a powerful figure in the Akufo-Addo administration Gabby Otchere-Darko.
Gabby Otchere-Darko who is a cousin to the President in a tweet asked, “Quiz: 18 months his overwhelming nomination as NDC presidential candidate for 2020, please name on policy that former President John Dramani Mahama has laid out and promised to implement if elected in Dec 2020?”
In a sharp response, Seth Tekper told the President’s cousin, the current administration is already benefitting from the NDC’s visionary policy alternatives.
He pointed to the decision of the erstwhile administration to cap the Stabilization fund to set up the sinking fund as one of the policy in vision initiatives of former President Mahama.
He said the move yielded $330million by 2016 even though the NDC had only one oil field its disposal.
The former Finance minister said the sinking fund yielded enough for the NDC under John Mahama to leave behind $200million for the Nana Akufo-Addo’s administration to use to redeem the 2007 bond in October 2017.
Seth Terkper wondered whether the Nana Akufo-Addo administration has been able to redeem any bond despite inheriting and benefitting from revenue from three oil fields.
“Plus we just took $250m from Stabex for COVID (compare Ghc250m during 2015 crisis). How much went into Stabex since 2017 with 3 fields compare to 1?” he tweeted.
He also mentioned Energy Sector Levies Act (ESLA), Ghana Infrastructure Investment Fund and EXIM as some of the visionary policy initiatives the NPP inherited from NDC in 2017.
“Better to talk about enduring policies,” Mr. Tekper tweeted.
Story: Sena Nombo/Radiogoldlive.com
