Former Municipal Chief Executive for New Juaben, Isaac Apaw Gyasi, has come to the defense of the economic stewardship of the New Patriotic Party (NPP), asserting that Ghanaians were not patient enough to witness the full impact of reforms initiated under the previous administration.
In an interview with the media ahead of a high-level meeting between former Vice President and 2024 NPP flagbearer, Dr. Mahamudu Bawumia, and past MMDCEs, Mr. Gyasi argued that the current stability of the Ghanaian Cedi is rooted in foundational policies introduced during the NPP’s tenure.
“The Cedi’s appreciation has a historical background. Under the able leadership of Dr. Mahamudu Bawumia, the fundamentals had been set right. Even President John Dramani Mahama acknowledged the policies and programmes that were put in place especially the Gold-for-Oil programme and the strategic gold purchases by the state.”
Mr. Gyasi questioned the narrative that credits the newly sworn-in administration for the recent currency gains, emphasizing that economic outcomes require time to manifest.
“How can a government that has been in office for less than a month claim credit for stabilising the Cedi? It is practically impossible. The stability we see today is due to earlier programmes and foundations laid before,” he argued.
He further lamented what he described as a lack of patience with the NPP’s economic interventions.
“One thing about Ghanaians is that we need to learn to be patient. As they say, patience is a virtue. A lot of people did not have patience for us.”
Mr. Gyasi appealed for national unity and long-term thinking:
“It took America over 300 years to reach where it is now. Our democracy is just about 68 years old. So, I plead with the people of this country: let us be more patient as we come together to build this nation.”
