{"id":110613,"date":"2026-01-10T11:37:17","date_gmt":"2026-01-10T11:37:17","guid":{"rendered":"https:\/\/sotnews.agency\/?p=110613"},"modified":"2026-01-10T11:37:17","modified_gmt":"2026-01-10T11:37:17","slug":"ndc-cant-take-sole-credit-for-economic-gains-npp-did-foundational-work-egyapa-mercer","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=110613","title":{"rendered":"NDC can\u2019t take sole credit for economic gains, NPP did foundational work \u2013 Egyapa Mercer"},"content":{"rendered":"
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\n \t<\/i> Read Time:<\/span>1 Minute, 48 Second <\/div>\n\n <\/div>
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Former Sekondi legislator, Andrew Egyapa Mercer, says the current administration\u2019s celebrated economic stability is a direct result of the \u201cdifficult\u201d and foundational work undertaken by the previous NPP government, led by former President Akufo-Addo.<\/p>\n

Speaking on JoyNews\u2019 Newsfile<\/em>, the former NPP MP argued that governance is a continuum and urged for credit to be given where it is due. <\/p>\n

His comments directly challenge the narrative that the current National Democratic Congress (NDC) administration rescued an economy in ruins.<\/p>\n

\u201cI am glad that we are experiencing the kind of things that we are experiencing. The economy is looking good. The macroeconomic indicators are obviously looking in the right direction,\u201d Mr Mercer began. <\/p>\n

\u201cBut to suggest\u2026 that \u2018dog status\u2019 is what they inherited and that an economy\u2026 [is] able to recover within a short period of time, a lot of the work had started.\u201d<\/p>\n

Mr Mercer pinpointed the Domestic Debt Exchange Programme (DDEP) as the pivotal, painful reform that set the stage for recovery. <\/p>\n

He recalled President Akufo-Addo\u2019s own description of it as \u201cone of the darkest periods in his presidency,\u201d which \u201ccreated huge difficulties for the people of Ghana.\u201d<\/p>\n

\u201cIt was necessary,\u201d Mr Mercer stated unequivocally. <\/p>\n

\u201cAnd the effect is what is leading to the reduction in our debt profile today.\u201d<\/p>\n

He also highlighted that the current International Monetary Fund (IMF) program, which the government has \u201cstuck with,\u201d was approved and commenced under the previous administration in May 2023. <\/p>\n

\u201cWe rolled out the post-COVID program of economic growth\u2026 which is still running,\u201d he noted.<\/p>\n

The former legislator presented data to back his continuity claim, citing how inflation \u201cpeaked to 54% in 2022-23\u201d and had dropped \u201cby a 30-point difference to 23%\u201d by the time the NPP was exiting office. <\/p>\n

He also noted strong quarterly GDP growth in 2024 before the handover.<\/p>\n

His core argument was a plea for factual recognition over political point-scoring. <\/p>\n

\u201cI give credit where credit is due\u2026 But to suggest that the current success is solely their making is not a matter of fact,\u201d Mercer argued. <\/p>\n

\u201cThe bottom line is they shouldn\u2019t take sole credit for the performance.\u201d<\/p>\n<\/p>\n<\/div>\n

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\"NDCFormer Sekondi legislator, Andrew Egyapa Mercer says the current administration\u2019s celebrated economic stability is a direct result of the \u201cdifficult\u201d and foundational work undertaken by the previous NPP government, led by former President Akufo-Addo.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[319,365,1883,2313,1881,10,9],"tags":[],"class_list":["post-110613","post","type-post","status-publish","format-standard","hentry","category-economy","category-egyapa-mercer","category-national","category-ndc","category-npp","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/110613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=110613"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/110613\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}