Former President John Mahama says indigenous investment in the banking sector will be restored if he wins the 2020 elections.
According to him, it is painful to hear officials of government justifying the huge investment spent on the banking sector cleanup.
“We will restore Ghanaian indigenous investment in the banking and financial sector through a tiered banking structure in order to restore viable credit sources for Ghanaian SMEs. We will make amends for those whose businesses were collapsed due to political victimization,” Mr Mahama said during the outdooring of his runningmate Professor Naana Jane Opoku Agyemang.
He also promised to “send all contractors with valid contracts who have been sitting at home for 4 years without being paid for legitimate work done for government back to site. We will make immediate arrangements to pay them their hard-earned monies deliberately with held by the Nana Addo administration due to politics. We will build a peaceful, secure and strong economy that provides sustainable jobs through a transformed, industrialised and digital economy”.
Meanwhile, a financial Analyst, Benedict Gibson, says the promise by the former President M is difficult but feasible.
“We are in a situation with people calling for their monies so people will fall for this. People will be glad but we must becareful about promises. I‘m not saying the promise can or can not work. [But] the person who is making the promise can forget anything that has to do with social development and focus on paying people their money.
“Democracy is growing in this country and whatever politicians say should be put to scrutiny. What I am saying is that no one should create the expectation that once you come, you are going to pay everyone’s money. You can’t pay some and leave others so you have to pay all.”
Source: Ghana/Starrfm.com.gh/103.5FM