NPP is Borrowing for the Establishment of Generational Assets and the Realization of the Ghana Beyond Aid Agenda
President Akufo-Addo in his quest to achieve the bigger vision of Ghana Beyond Aid Agenda requires a more pragmatic and wise strategic borrowing.
There are different approaches and forms of borrowing. Typically, NPP's Government under President Akufo-Addo is predominantly using the wisest and best approach and forms of borrowing such as the Barter System and Leveraging of the country's natural resources, and bonds towards the development and socio-economic transformation of Ghana.
Most of the borrowing initiated by President Akufo-Addo are used to establish and create *Assets-oriented programs* and *Value-added facilities* which are self-servicing and equally capable of paying off the loans.
Some of the assets-oriented programs and values added facilities implemented by President Akufo-Addo with the loans raised through the Barter System, Leveraging and Bonds are as follows:
1. One District One Factory
The successful operations of these established factories across the country are great generational assets capable of servicing the loans used for the establishment.
More people will be employed under the one district one factory policy and those employed would contribute to nation building through payment of their taxes.
2. Planting for Food and Jobs
This Program is one of the most powerful value-added facilities aimed at modernizing agriculture, supporting factories under one District one Factory Policy with raw materials, creating jobs, contributing to GDP and reducing importation of food and goods into the country thereby giving strength to the Cedi.
3. Soft Infrastructures such as the Paperless Port System, CTN System and Monitoring Platforms for the Telecommunications Industry.
These soft infrastructures will aid Government to generate more revenue domestically to service some of the loans borrowed from the World Market.
4. Strengthening of the Banking Industry and the Financial Market.
The Economic Infrastructure of this country largely depend on the strength of the Financial Market and Banking Industry.
President Akufo-Addo's Government through pragmatism has raised bonds to protect the money of depositors and also empowered struggling Banks and financial institutions.
NDC borrowed and freely gave to Woyome, Subah, Bus Branding, Guinea fowls-SADA, Isofoton, and other pervasive corruptions under Mills/Mahama Administration.
President Akufo-Addo under the NPP Government is rather borrowing to implement generational policies and programs capable of paying the loans.
The difference is very clear between NPP and NDC in terms of our behaviour towards borrowing.
NDC borrowed and distributed the money amongst themselves, their wives and their concubines.
NDC purposely borrowed to create *Generational Liabilities* for the nation.
NPP wisely and strategically borrowed under a special scheme of Barter System, Leveraging system and Bonds to establish *Generational Assets* and *Value-added facilities* for the Nation.
NDC's Borrowing for Bus Branding and NPP's Borrowing for One District One Factory are not the same and can never be comparable.
....Signed....
Razak Kojo Opoku
(CVM Founder and President)