Sammi Awuku has strongly refuted claims that the economy under Nana Akufo-Addo was “criminally managed,” arguing that inflation alone does not define a country’s economic performance.
In a Facebook post, he emphasized that while inflation rose, it was largely due to global crises beyond the government’s control, such as the COVID-19 pandemic and Russia’s invasion of Ukraine.
He pointed out that the Akufo-Addo government had reduced inflation from 15.4% under John Mahama to 7.6% in 2019, the lowest in 28 years.
Awuku noted that although inflation rose sharply to 54% by the end of 2022, it was primarily driven by imported factors like soaring global oil prices and freight charges.
Despite this, he praised the NPP’s efforts in stabilizing inflation at 23% before Mahama’s return to power. Awuku further highlighted the economic growth under Akufo-Addo, with over 6% growth, surpassing Mahama’s 3.4% in 2016.
He also pointed out that the Akufo-Addo administration left the economy with a trade surplus, stronger international reserves, and lower fiscal deficits compared to Mahama’s tenure.
He concluded that, despite challenges, the economy under Akufo-Addo was far from “criminally managed” and showed significant improvements in key indicators.
