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Kwakye Ofosu: Bawumia’s lecture will be limited to ridiculous economic excuses

Kwakye Ofosu: Bawumia’s lecture will be limited to ridiculous economic excuses

Former President John Dramani Mahama’s assistant Felix Kwakye Ofosu says Vice President Mahamudu Bawumia’s long-awaited economic talk on April 7 would be nothing but excuses.

Kwakye Ofosu, the chairman of the government’s Economic Management Team, has been one of the loudest proponents of Bawumia speaking on the economy.

With less than 24 hours till the event at Kasoa Millennium City in the Central Regional, Kwakye Ofosu detailed the ideal topics Bawumia should address in a social media post, but he feels they are so overwhelming that Bawumia would resort to making silly excuses.

“Incessant pressure has finally smoked Bawumia out of his rat hole after running away from economic commentary like a plague,” his post read before he outlined a series of economic lows achieved with Bawumia as EMT head.

He mentioned the highest public debt, the highest budget deficit, the highest debt-to-GDP ratio, unprecedented arrears, unprecedented economic suffering, the growing cost of living, and dozens of killer taxes as examples.

His post continued: “In light of this, expect him to be limited to ridiculous excuse-making to shirk responsibility for the economic catastrophe and the falsification of economic theories in an attempt to explain away his disastrous performance as the very worst Head of the Economic Management Team.

“He will run back into his favourite rat hole because we will be ready,” the post concluded.

Read Kwakye Ofosu’s full post:

“Incessant pressure has finally smoked Bawumia out of his rat hole after running away from economic commentary like a plague.

“His horrible mismanagement of the economy has resulted in the worst public debt, worst budget deficit, worst debt to GDP ratio, worst-performing currency in the world after the Russian Ruble, runaway inflation, worst ever credit ratings, loss of access to the international bond market, unprecedented accrual of arrears, unparalleled economic hardships, the rising cost of living and dozens of killer taxes.

“In light of this, expect him to be limited to ridiculous excuse-making to shirk responsibility for the economic catastrophe and the falsification of economic theories in an attempt to explain away his disastrous performance as the very worst Head of the Economic Management Team.

“He will run back into his favourite rat hole because we will be ready.”

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