Haruna Iddrisu: Mahama Will Renegotiate IMF Deal, Scrap “Nonsense Taxes”

Former President John Dramani Mahama will prioritize renegotiating the International Monetary Fund (IMF) external credit facility and securing up to $2 billion in investments, a former Minority Leader in Parliament, Hon. Haruna Iddrisu has revealed.

Speaking in an exclusive interview with Beatrice Adu on TV3 on Friday, Hon. Iddrisu highlighted the economic mismanagement under the Akufo-Addo-led New Patriotic Party (NPP) government and outlined Mahama’s vision for revitalizing Ghana’s economy.

“President Mahama will naturally renegotiate the IMF external credit facility and probably work to secure an investment of up to $2 billion. Ghana may not be able to borrow commercially, but the NPP government has been reckless and irresponsible with borrowing despite claiming to be superior managers of the economy,” Iddrisu stated.

Reforming Ghana’s Economy

According to the NDC stalwart, Mahama is determined to scrap what he termed “nonsense taxes,” such as the E-Levy, which has failed to meet revenue expectations.

“The E-Levy was supposed to bring in GH₵6.9 billion but has not achieved that. President Mahama is committed to growing the digital economy and ensuring robust support for the manufacturing sector to create employment opportunities,” he said.

Iddrisu hinted that the incoming Mahama-led administration would introduce a minister dedicated to the proposed 24-hour economy and focus on strategic industries to address the country’s high unemployment rate.

Meritocracy and Democracy

The former Minority Leader also criticized the politicization of public service appointments, referencing the plight of professionals like Dr. Thomas Anaba, who, he said, were victimized for their perceived political affiliations.

“Meritocracy is critical for Ghana’s future. Professionals who dedicate their lives to serving the country should not suffer because of political bias,” he lamented.

Iddrisu further called for a review of Ghana’s winner-takes-all political system, which he described as a hindrance to maximizing the benefits of democracy. He commended the country’s history of peaceful transitions of power, noting that Ghana remains a beacon of democracy in Africa.

Mahama’s Vision for Ghana

“John Dramani Mahama will honor his manifesto commitments to the Ghanaian people. He will bring accountability and ensure Ghana benefits from a true democracy dividend,” Iddrisu affirmed.

With a focus on economic reforms, job creation, and the eradication of unfair taxes, Mahama’s agenda reflects the aspirations of Ghanaians, he added.
Iddrisu expressed optimism that a Mahama leadership from January 7, 2025 is going to usher in a new era of growth and inclusivity, and position the country for a brighter future.

By Jeorge Wilson Kingson || ghananewsonline.com.gh