#TheKeyPoints with Alfred Ocansey || 01-03-2025

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#TheKeyPoints with Alfred Ocansey || 01-03-2025


#TheKeyPoints with Alfred Ocansey || 01-03-2025

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44 Comments

  1. Dr George is fair to the people of Ghana, so he should stop the propaganda. But let ask him if the global crisis jumped all the countries and came to Ghana alone. Him should bring down his voice and bend down his head in shame

  2. Alfred, don't allow yourself for phone/video caller's to disrupt your program. If anyone serious should come to studio. We are discussing Ghana, not npp.

  3. Seriously, our is full of people with certificates on theories and without practical application knowledge or intelligence. I have lost confidence in people using titles in ghana

  4. Domfeh should be ashamed to call himself a development economist! Politics and Economics do not mix. That's why Dr Bawumia lost his credibility. You cannot mix economic facts with politics without being disingenuous. Ukraine and Russia haven't had the kind of inflation and depreciation you had under Nana Addo. A development economist would be candid about corruption, BoG opening all printing gates, cronic mismanagement among a host of scandalous government actions that crippled the economy. This one is an NPP economist!

  5. Today Martin Kpebu is complaining about insults on media? It is difficult to find a recording of him on a single show where he has not insulted someone.

  6. Where from NDC man?since when restructuring bonds became new in Ghana ?infact koufour inherited bad economy did thé same restructured loans before we were able to camé out ,bcoz they lied to NDC followers that 10 is bigger than 30 they do everything to protect thier liés nd propaganda consistently.

  7. Roads and Highways
    Under the NDC (2008-2016), Ghana saw significant investments in road infrastructure, with over 4,700 km of roads constructed or rehabilitated. Notable projects include the Kwame Nkrumah Circle Interchange and the Sofoline Interchange.

    In contrast, the NPP's administration (2017-2024) focused on completing ongoing projects and initiating new ones, such as the Pokuase Interchange and the Tamale Interchange. However, the pace of road construction slowed down, with approximately 2,500 km of roads constructed or rehabilitated.

    Energy and Power
    The NDC's tenure saw significant investments in the energy sector, including the construction of the Bui Dam and the expansion of the Aboadze Thermal Plant.

    Under the NPP, the focus shifted to renewable energy, with the commissioning of the 20MW Solar Power Plant at Kaleo. However, the pace of investment in the energy sector slowed down.

    Education and Healthcare
    Both administrations invested in education and healthcare infrastructure. However, the NDC's tenure saw more significant investments in these sectors, including the construction of new schools, hospitals, and health centers.

    Debt Accumulation
    While both administrations borrowed heavily to finance infrastructure projects, the NPP's administration accumulated more debt, with Ghana's debt-to-GDP ratio increasing from 73.4% in 2016 to over 83% in 2024.

    In conclusion, while both administrations made significant investments in infrastructure, the NDC's tenure saw more rapid progress in terms of road construction, energy, education, and healthcare. However, the NPP's administration accumulated more debt, which has raised concerns about Ghana's fiscal sustainability.

  8. Comparing the economic management of Ghana under the National Democratic Congress (NDC) from 2008-2016 and the New Patriotic Party (NPP) from 2017-2024 reveals some interesting insights.

    Economic Growth
    During the NDC's tenure from 2008-2016, Ghana's GDP increased from $28.5 billion to $47.3 billion. In contrast, the NPP's administration from 2017-2020 saw GDP growth from $47.3 billion to $67.1 billion.

    Inflation Rates
    Under the NDC (2008-2016), inflation rates ranged from 10.7% in 2008 to 17.4% in 2016. The NPP's tenure (2017-2020) saw inflation rates fluctuate between 11.8% in 2017 and 7.9% in 2020. However, in 2023, the inflation rate worsened to 40.3%, driven mainly by food prices and currency depreciation. By 2024, the inflation rate was 25.8% year-on-year in March, with food inflation at 29.6% and non-food inflation at 22.6%. By June 2024, the inflation rate had slowed down to 22.8%. However, by December 2024, the inflation rate had increased to 23.8%.

    Debt Management
    The NDC's period (2008-2016) saw a significant increase in Ghana's debt-to-GDP ratio, from 32.4% in 2008 to 73.4% in 2016. By 2020, the debt-to-GDP ratio under the NPP stood at approximately 76.1%. As of 2024, Ghana's debt-to-GDP ratio stood at over 83%.

    Job Creation and Employment
    The NDC focused on public infrastructure projects and targeted support for agriculture and industry, while the NPP emphasized digital transformation and private-sector jobs. However, unemployment rates remained relatively high under both administrations.

  9. These NPP politicians, they are just comedians. They are not serious at all in politics. Political immaturity, ignorance, inexperience are stirring at them. They should better wake up and stop all that cantata and face reality, say sorry to Ghanaians for their mismanagement and failure. Ghanaians would definitely forgive them. That posture of continuing to defend and justify the wickedness they metted to Ghana, would rather worse their case and sink them deeper.

  10. Ghana's economy under the just-ended NPP 8-year government was marked by significant challenges. The country's debt-to-GDP ratio ballooned from 56.8% in 2016 to over 83% by 2024, according to the Institute for Fiscal Studies and the International Monetary Fund.¹ This rapid accumulation of debt placed a huge strain on public finances, leaving little room for investment in vital infrastructure, education, and healthcare.

    Inflation also surged to a 20-year high, with the Ghanaian cedi depreciating sharply against the US dollar. This led to skyrocketing prices for essential goods, putting immense pressure on ordinary Ghanaians. The Center for Economic Policy Analysis noted that the government's failure to stabilize the currency and control inflation deepened economic hardship, particularly for the poor and middle class.

    The NPP government's reliance on Eurobonds and external loans was also criticized by the African Center for Economic Transformation. The government's revenues were largely consumed by debt servicing, with Fitch and Moody's downgrading Ghana's sovereign credit rating to CCC, citing the growing risk of default.

    Furthermore, the government's failure to diversify the economy and reduce dependency on imports left the country vulnerable to external shocks. The Economic Governance Platform attributed the economic crisis to these structural weaknesses, which have left many Ghanaians struggling to make ends meet.

    The NPP government's economic mismanagement has had devastating social consequences, with nearly 25% of Ghanaians living below the poverty line, according to the World Bank. Youth unemployment has also reached crisis levels, with estimates above 12% in 2023.

  11. When NDC hear the truth, they get insulative!! DR Domfeh speaking the truth, they can not stand it😂! The truth is hard to hear oooo… you can see kpebu being hot on his seat😄😄😄…

  12. These NPP politicians, they are just comedians. They are not serious at all in politics. Political immaturity, ignorance, inexperience are stirring at them. They should better wake up and stop all that cantata and face reality, say sorry to Ghanaians for their mismanagement and failure. Ghanaians would definitely forgive them. That posture of continuing to defend and justify the wickedness they metted to Ghana, would rather worse their case and sink them deeper.

  13. Is this Dr. Domfeh an academic? What kind of childish behaviour is this? Even an SHS graduate wouldn't behave this way. His antics and utterances are way below the belt. He's a disgrace to the academia. I wonder the kind of knowledge he transmits to his students