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John Dramani Mahama, the flagbearer of the opposition National Democratic Congress (NDC), has promised that under his future administration, the government will honor unmet financial pledges made to investors.
While noting the detrimental effect that broken promises have on investor trust, Mahama reiterated his resolve to uphold the integrity of contracts.
John Mahama emphasized the need of supporting measures meant to modernize Ghana’s economy during his speech at the Foreign Direct Investment series in Accra.
“A new NDC government shall respect the sanctity of contracts, and I am sure many of you are waiting to hear this, properly executed [contracts] that deliver value to the people of Ghana and to the investor.
“Several investors have complained about the lack of commitment on the part of the government to honour outstanding financial commitments in respect of goods and services that have been provided.
“I have taken notice of this important issue and I want to assure all those in that situation currently that we will take an inventory of all that and our government shall urgently work to resolve all these payment issues through a system that will be transparent and timely, just as happened when I was president.”
Speaking about growing inflation and gas costs, the former president maintained that it would take several years to undo the economic “damage” caused by the NPP.
“Today when there is hardship in the land; they are telling us that our lives are better…When you are hungry, you can feel it; nobody can’t come and convince you that you are not hungry.”
“Elections are about choices, that is why we make a choice every four years…If you make a mistake in making that choice, the results will live with you for the next four years, and even beyond,” Mahama said.
Source: Ghanatodayonline.com
