Dr. Owusu Afriyie Akoto, a flagbearer aspirant of the New Patriotic Party (NPP) will file his nomination forms at the party headquarters in Accra today.
He will be accompanied by some stalwarts of the party, including former national and regional officers of the party, former Members of Parliament, constituency executives, Electoral Area Coordinators and Polling Station Executives.
Immediately after the nomination forms, Dr. Akoto will then address the media and thousands of party followers who believe in his vision.
Persons close to the astute politician say, Dr. Akoto will make a very profound statement that will highlight more on his vision for the party and the country in general.
In an earlier interview, Dr. Afriyie Akoto had said Ghana can service its debts with proceeds from agriculture.
He believes the agricultural sector, when well invested in can also push the government’s industrialization agenda forward.
In an interview with Daily Graphic, Dr. Akoto said “…All I am saying is that if properly invested in, agriculture holds the potential to generate enough local revenue and foreign exchange to finance our industrialisation agenda and all our debts.”
He stated that Ghana can generate a lot of revenue from tropical plants such as rubber, oil palm, and coconut among others when exported.
Meanwhile, Ghana’s public debt stock went to GH¢575.7 billion, the November 2022 Bank of Ghana Summary of Economic and Financial Data has revealed.
This is equivalent to 93.5% as of November 2022 of the Gross Domestic Product and is in sharp contrast to the projected 104.6% of debt to GDP ratio in 2022 by the World Bank.
Based on the data of the central bank, the country’s domestic debt still stands at GH¢194.7 billion at the end of December 2022, representing 31.6% of GDP.
The external component of the country’s public debt shot up to GH¢382.7 billion in November 2022, equivalent to 62.1% of GDP.
