Don’t blame Mahama, blame the so-called economists – Jacob Osei Yeboah

• Posted on July 31, 2014
• by Nana Kwesi Coomson
• Comment

The Independent Presidential Candidate in the 2012 presidential election, Jacob Osei Yeboah, has blamed some of the nation’s most renowned economists for the woes currently facing the country.

Instead of helping the recovery process, these economists, he claimed are rather confusing the president with their public utterances and private advice.

He specifically cited 2012 Vice Presidential candidate for the New Patriotic Party, Dr. Mahamudu Bawumia, former Minister of Finance, Prof, Kwesi Botchwey, Economic Advisor to the President, Dr. Nii Moi Thompson and governor of Bank of Ghana Dr. Henry Kofi Wampah, as some of the guilty persons.

Speaking in an interview, Mr. Osei Yeboah noted that Ghana has been blessed with more than enough natural resources which could have been utilized judiciously to develop the nation, and questioned the advice proffered by these “economic experts”.

According to Mr. Osei Yeboah, claims by Prof. Botchwey, when he delivered a lecture on the economy at the Central University College recently, that the current economic challenges could be attributable to the country largely living beyond its means were false. This, he said, could be the assessment of a “book economist”.

He also criticized as bogus, Dr. Bawumia’s prediction that Ghana may have to seek a bail out from the International Monetary Fund before the end of the year.

Meanwhile, Mr. Osei Yeboah says he has not given up his presidential ambition yet and was hopeful he will constitute the next government after the 2016 general elections.