The Chief Executive Officer of Dalex Finance, Joe Jackson, has rejected claims by the New Patriotic Party (NPP) that the current National Democratic Congress (NDC) government is benefiting from policies implemented by the NPP.
Speaking on The Big Issue on Channel One TV on Saturday, February 28, Mr Jackson acknowledged that even though the cedi began to stabilise in the latter part of 2024, the ongoing economic stability is a result of disciplined policies by the current government.
“It’s not true that this government is reaping what the NPP sowed. Did some stabilisation start in 2024? I’ll be the first to tell you yes. Through 2024, the currency was kept fairly stable; we dropped from the highs of 17 to 15. But the improvements we are seeing now come from pure discipline,” he said.
“When we talk about discipline, look at how interest rates came down. It happened because someone said, ‘I will not take money if it goes above a certain ceiling. I will only take as much as I need, or as much as is offered within the band,’” he added.
His comments come after Minority Leader Alexander Afenyo-Markin called on President John Dramani Mahama to recognise the role of former Vice President and NPP flagbearer Mahamudu Bawumia in Ghana’s economic gains.
Responding to the 2026 State of the Nation Address, Afenyo-Markin said that while the President highlighted some achievements, the government failed to inform Ghanaians that the gold-for-reserve policy—a major contributor to the country’s economic progress—was conceived under Bawumia’s leadership.
