The presidential candidate of the National Democratic Congress (NDC), John Dramani Mahama, has promised to scrap government projects deemed wasteful, particularly the ‘One Village, One Dam’ initiative.
The former president gave an assurance that a new NDC government will reallocate funds from these wasteful projects into initiatives that could enhance economic growth and generate substantial revenue.
He argued that there was an urgent need for strategic financial decisions and fiscal discipline in light of the ongoing economic challenges.
He chastised the present administration for failing to cut government spending and focused solely on income production without addressing the underlying causes of financial inefficiencies.
“This government made many mistakes and we find ourselves in this crisis again and we need to cut down expenditure. This government is not willing to cut expenditure. In a crisis, you slash expenditure and increase revenues.
“All they are doing is increasing revenues but without reducing expenditure. We are going to eliminate all those wasteful projects; One Village, One Dam and all those things that they spent billions on so that we can use that money in the more productive sectors to make the economy grow again. Like Planting for Food and Jobs.”
By: Rainbowradioonline.com/Ghana
