Alfred Thompson, a National Treasurer hopeful for the New Patriotic Party (NPP), has cautioned that Ghana’s economy could face serious risks if government spending continues unchecked.
Speaking on Metro TV’s Good Morning Ghana during a discussion on the “BIG PUSH AGENDA” with host Moro Awudu, Thompson criticized the current administration’s management of public funds, warning that reckless borrowing and opaque expenditure patterns could undermine the country’s long‑term financial stability.
“Unchecked borrowing and non-transparent spending threaten the foundation of our economy,” Thompson said.
He emphasized that sustainable development depends on disciplined budgeting, transparent procurement, and prioritizing value-for-money projects over politically driven initiatives.
Thompson also emphasized the NPP’s approach to development, which, he said, goes beyond building infrastructure.
“We focus on investing in human capital, skills training, and enterprise development,” he noted, stressing that these interventions help create a more resilient workforce and ensure economic policies improve the everyday lives of Ghanaians.
Reiterating the party’s commitment to prudent fiscal management, Thompson urged the government to adopt a cautious and transparent approach to spending.
“Responsible financial stewardship is not optional, it’s essential if we are to build a resilient and prosperous economy,” he added.
Source: metrotvonline.com
