Former President John Dramani Mahama and the National Democratic Congress (NDC) have unveiled an ambitious economic recovery plan aimed at reducing hardships and restoring hope to Ghanaians. Under the banner of “Resetting the Economy and Creating Prosperity for All,” the NDC promises transformative policies to tackle Ghana’s economic challenges if elected in the 2024 general elections.
At the heart of the plan is a commitment to alleviate hardships through tax reforms, including the immediate scrapping of burdensome levies such as the E-Levy, COVID levy, and the 10% tax on bet winnings. The NDC also pledges to stabilize the macroeconomy, restore fiscal discipline, and rebuild investor confidence through structural reforms and strategic investments.
To ease the high cost of living, the NDC plans to rationalize port fees, reform VAT to favor households and small businesses, and stabilize the cedi through robust reserve policies. A proposed $10 billion “Big Push” infrastructure development policy aims to generate sustainable economic growth and decent jobs.
Social interventions such as free primary healthcare, the “No-Academic-Fee” policy for first-year tertiary students, and free tertiary education for Persons with Disabilities are central to the NDC’s agenda to protect the vulnerable. Additionally, the party promises to launch forensic audits into the collapse of indigenous banks and the Bank of Ghana’s alleged illegal money printing under the current administration.
Through a comprehensive Economic Transformation Agenda, Mahama envisions a modernized agricultural sector to reduce food inflation, achieve import substitution, and boost exports. The NDC also intends to strengthen fiscal oversight, improve debt management, and review controversial initiatives such as the Gold-for-Oil deal.
Mahama assures Ghanaians that the NDC’s governance will prioritize transparency, accountability, and policies that create prosperity for all.
