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Pressure on Ghana Statistical Service mounts: Mahama Ayariga defends Mill's Gov’t
Audrey Micah, Ghanadot

Accra, Feb 6, Ghanadot - The ‘Statesman’ newspaper on its Thursday edition reported that it has uncovered a desperate attempt by the Mills administration to tamper with some available, yet undisclosed, data about the national economy to ‘buttress’ their false claim that the erstwhile New Patriotic Party (NPP) government left behind a collapsed economy.

According to the paper, in pursue of this, the economic transition team is putting pressure on the Ghana Statistical Service to reduce the nation’s Gross Domestic Product (GDP) growth rate for 2008.

The Statistical Service on the other hand has reported a preliminary GDP growth for 2008 of 7.2 percent, which is the highest in the nation’s recent history and the longest sustained growth ever.

In a contrasted, the press secretary for President Mills, Mahama Ayariga have debunked claims by the paper, saying there is no reason why the Mills administration will but pressure on the Service for something as important as the country’s economy.

The paper revealed that an insider in the Mills administration said that the figure on the growth of the economy generated some heated arguments between Togbe Afede, Chairman of the government economic transition team and Dr. Kwabena Duffuor, Minister-designate for Finance and Economic Planning when they met at Akosombo for an economic retreat.

But Mr. Ayariga explained that this did not take place, adding that there is no fact in the report from the papers and advised the editor to review the report.

“Let me state clearly, there was no disagreement or argument between Togbe Afede and Dr. Kwabena Duffuor regarding the GDP growth rate”.

Mr. Mahama Ayariga noted that the calculation of the GDP is a scientific exercise which is not based on the calculation of any individual, thus both parties can go back and look at the factors that go into the calculation.

“I think there it is not possible for the incoming administration to pressurize the Statistical Service to present a wrong calculation of the GDP growth rate.

“The factors that goes into the calculation are factors that are known to both sides and so if there is any disputes about what the actual growth rate is, I think both parties are capable of going back to look at the factors that go into the calculations and then doing the calculations themselves, then coming out with what they actually think the growth rate is, but for any one to think the NDC government is putting pressure on the Service is not fair”.

The paper maintained that the global economic crunch led to increase investment in the country, with many Ghanaians abroad bringing more money home for investment in treasury bills which offered relatively higher yields, with over 20 percent interest rate, but the government spokesperson has a different story to tell.

To him, “you could have 10 percent of GDP growth rate and yet the economy can be in a bad shape, because of a number of considerations. If the economy is up by 10 percent because Ghanaians living abroad have sent some money, does not mean your economy is in a good shape, an economy that is in a good shape is the one that its productive sectors are growing, the manufacturing sectors are growing, agricultural sector, not just cocoa, but other aspects of agriculture are growing thereby contributing towards the growth of your GDP.

“Now if it is just Ghanaians living abroad sending money home and that is contributing to increase your GDP, it doesn’t show that your economy is in a good shape”.

 

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