The Member of Parliament for the Garu Constituency, Hon. Dr. Thomas Anaba, has praised the economic management of the ruling National Democratic Congress (NDC) government, stating that its prudent fiscal policies are directly improving the lives of ordinary Ghanaians.
Speaking in response to the 2025 Mid-Year Economic and Fiscal Policy Review, Dr. Anaba said the reduction in the prices of essential goods is a sign that the NDC administration is delivering on its promise to ease the economic burden on citizens.
“For the fact that citizens are no longer paying the high prices left behind by the Akufo-Addo-Bawumia administration means money is now staying in the pockets of Ghanaians,” he said.
He cited examples such as the price of a bag of rice, which he noted has dropped from GHS1,000 to GHS600, representing a GHS400 savings for consumers.
“If you were buying a gallon of oil at GHS300, you now pay GHS240.
That’s GHS60 saved—real money that stays with the people,” he added.
Dr. Anaba also commended the strengthening of the Ghanaian cedi, noting that its appreciation is positively impacting the business community.
“As someone who imports medical equipment, I can say that with the cedi’s improved performance, I now pay lower taxes when clearing my goods.
That means more capital remains with me—and this applies to all businesspeople,” he stated.
The MP further encouraged Ghanaians to support the government’s efforts and called for stricter enforcement against dollar-based transactions in the local market.
“We must trade with the cedi to strengthen and stabilize our currency,” he urged.
Dr. Anaba described the Mid-Year Budget Review presented by the Finance Minister as “excellent,” highlighting key initiatives like the recapitalization of the National Investment Bank (NIB) as bold steps that are saving jobs and reviving critical institutions.
“Unlike the previous administration, which spent huge sums only to collapse banks, the NDC is investing to restore them. That is leadership,” he emphasized.
In conclusion, he urged the government to maintain a firm stance against the use of foreign currency in domestic transactions and expressed optimism that the current economic momentum would be sustained.
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