The country was going down the drain under the NPP government – Rashid Computer

The Chief Executive Officer of the Ghana Investment Fund for Electronic Communications (GIFEC), Sofo Tanko Rashid Computer, has said Ghana was on a dangerous economic path under the previous New Patriotic Party (NPP) government and risked becoming an international laughing stock if the party had stayed in power.

Speaking on the occasion of President John Dramani Mahama’s administration marking one year in office, Rashid Computer said the outcome of the 2024 general election saved the country from further economic decline, according to a report by citinewsroom.com on January 8, 2026.

He said the Mahama administration inherited a severely distressed economy, marked by Ghana’s exclusion from international capital markets and falling investor confidence.

He described the economic situation at the time as a ‘junk economy,’ adding that the country’s inability to access capital markets had damaged its credibility internationally.

“The country was going down the drain under the NPP government, and it would have become a laughingstock if we had not stopped the NPP in the last general election. The economy had been described as a junk economy, and Ghana could not access the capital market,” he said.

Rashid Computer also credited the early stability of the current administration to President Mahama’s experience from his previous term in office and his eight years in opposition.

He explained that this experience allowed Mahama to learn from past mistakes, address governance weaknesses, and act quickly to stabilise state institutions.

“When Mahama assumed office, he benefited from hindsight, having previously governed the country and spent eight years in opposition, with a clear promise to put things right,” he said.

He further praised the government for what he called a scandal-free first year, noting that President Mahama’s strict approach to accountability has shaped the behaviour of public officials.

“In one year, we have not witnessed any scandal, which is commendable. This is because, upon appointing us, he made it clear that public resources belong to the people of Ghana and not to appointees or their families,” he added.

Rashid Computer said Mahama’s focus on accountability and responsible management of public resources has helped restore confidence in governance and set a positive tone for the administration’s future performance…CONTINUE MORE READING>>>