I’ve Started My Campaign Towards Election 2024, Kofi Akpaloo Hints
The founder and leader of the Liberal Party of Ghana (LPG) Percival Kofi Akpaloo last night dropped a hint that his has started his campaign towards election 2024.
Kofi Akpaloo who participated in the two previous elections as the Presidential candidate for the LPG, but could manage only a few marginal popular votes boasted that that the Ghanaian electorate will in the next election give him the needed votes to become Ghana’s next President after Nana Addo’s tenure comes to an end.
Mr. Akpaloo introduced a number of measures as part of his economic development blueprint human centered policies he would implement for the benefit of children and the jobless which he thinks” would endear him to Ghanaians if he becomes the President.”
“I would give each child 200 Ghana Cedis per month as a grant while the jobless will receive 400 Ghana Cedis per month.” He said
He said that by giving grants to the jobless, more money will be in the system to create jobs apart from other policies he would introduced to make the economy viable.
Ghana’s 286 Billion Debt Is “Peanuts” , Govt. Need To Borrow More…Kofi Akpaloo Advises
Liberal People’s Party (LPG) leader, Percival Kofi Akpaloo, has described Ghana’s whooping debt of 286 billion Ghana Cedis as peanuts.
“I expect the government to even borrow more to develop the country because the current debt stock is meager.”
Mr.Akpaloo who was speaking on Wontumi TV in a late night political discussion programme on Friday said all the advanced countries in the world including the US and Italy, as well as some notable multinational companies like Microsoft all owe trillions of dollars to their creditors.
“You borrow to build and to create wealth by developing the economy to make it resilient so the government should borrow more. I expect Nana Addo to borrow even as much as100 billion Dollars.” He told a bemused host of the programme, Amanmuo Mu Nsem, Nana Konadu Abu Prah.
Mr.Akpaloo, who literally gave a lecture on how the huge borrowed money can be spent said “before Ghana can advance, we have to reduce our dependency on imports to structure the economy .”
He said the huge borrowed money he is recommending to the government can be used to establish industries to create more jobs as well as using a chunk of the huge borrowed funds to support those in the SME sub sector as seed capital for the start-ups to create their own jobs.
” This will lead to a situation where the government can generate more tax revenue to boost domestic spending.”
He urged the government to consider the creation of wealth in constructing affordable rental residential apartments or flats for ordinary people as another option to transform the economy.”
“Construction of affordable rental apartments for ordinary people is another area the government has to look at critically because it can also form part of the unchartered space to generate more income for the government to use to develop the country.
The LPG leader strongly suggested to the government to go ahead with its plans to process the country’s raw cocoa beans to generate more revenue.
“The white manufacturers feed on our sweat to make more money by buying our raw materials to process so we should be wise to first process our raw materials before we export them.” He said
Mr. Akpaloo also called on the government to pay contractors who are still being owed so that they can repay their loans.
The government should borrow exclusively from the Bank of Ghana (BOG) to pay the contractors who are owed not more than20 billion Ghana Cedis.
“When the contractors are paid it will lessen their burden and there will be more liquidity in the system.”