• Home
  • About us
  • Our Team
  • Contact us
  • Privacy Policy
  • Login
Upgrade
TheGhanaianVoice.Com
Advertisement
  • Home
  • World
  • Politics
  • Business
  • Culture
  • Sports
  • Entertainment
  • Opinions
No Result
View All Result
  • Home
  • World
  • Politics
  • Business
  • Culture
  • Sports
  • Entertainment
  • Opinions
No Result
View All Result
TheGhanaianVoice.Com
No Result
View All Result
Home Opinions

Dr Mahamudu Bawumia’s Stewardship to the NPP During President Kufour’s Administration (I)

Kennedy Opoku by Kennedy Opoku
September 16, 2022
in Opinions
0
Morden Vice President Dr. Bawumia
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The Kufuor Administration’s enormous achievement from 2001 to 2008 cannot be underscored without including Dr Mahamudu Bawumia, who, along with others, made an important contribution. It is not surprising, however, that President Kufuor, a man endowed with wisdom and careful with his words, does not mince words and continues to trumpet Dr Bawumia’s credentials at every chance.

Given the stakes, a party like the NPP and other major political parties are unlikely to compromise their chances by nominating a stranger as their running mate. Even though Dr Bawumia was not a politician, he was no stranger to the then-NPP government. He was a backroom pillar of President Kufuor’s administration, working closely with Yaw Osarfo Marfo, Kwadwo Baah Wiredu of blessed memory, Paul Acquah, Anthony Akoto Osei, and a slew of other dignitaries in government and the party at the time.

Dr Bawumia’s demonstrable technical expertise led to his rapid and remarkable climb from Economist to Snr Economist, Head of Department, Special Assistant to the Governor, and eventually Deputy Governor before being nominated as Nana Akufo Addo’s Running Mate (as he then was).

His indelible footprints are visible in many of President Kufuor’s administration’s triumphs, particularly in finance, banking, and the economy. Dr Bawumia, for example, headed the Bank of Ghana team and was also a member of the Government of Ghana team that negotiated the HIPC assistance project in 2001. The HIPC initiative resulted in the cancellation of nearly $4 billion in debt, which was stifling the government and limiting national growth and progress at the time. The HIPC initiative has resulted in considerable rural development across the country in the fields of education, health, and infrastructure, which are still useful to both rural and urban Ghana. Despite its controversy at the time, the HIPC project offered a fiscal space that enabled President Kufuor to accomplish his transformational agenda.

Dr Bawumia oversaw the soundness of the country’s banking system as a Deputy Governor in charge of financial stability. During that period, Ghana had an influx of several universal banks across the country. Indeed, because of the banking sector’s robustness at the time, many banks were pursuing clients and potential clients with credit facilities.

Ghana was able to raise $750 million in the international Eurobond issue for the first time in 2007. Apart from the fact that Ghana’s Eurobond was four times oversubscribed, Ghana was the first country in Sub-Saharan Africa to accomplish that remarkable milestone. More pleasing was the fact that Dr Bawumia, as Chairman of the Capital Markets Committee, oversaw the strategy used to raise this critical finance for the country in the international market.

Such is the characteristic of a brilliant and competent Dr Bawumia, who has consistently worked hard to guarantee that the NPP attains a higher height in its endeavours, whether in government or opposition.

 

By: Chief Obosu Mohammed
LL.M MA ACIarb LL.B DPA

[email protected]

Tags: Vice President Dr. Mahamudu Bawumia
Previous Post

Aisha Huang Woes Deepen As A-G Files Fresh Charges Against Her

Next Post

Bawumia, Chief Of Staff And Other Government Bigwigs Grace Memorial Service For Queen Elizabeth In Accra

Kennedy Opoku

Kennedy Opoku

Kennedy Sampene Opoku is the Deputy Editor of TheGhanaianVoice.Com, and he is based in Tema, Ghana. Kennedy holds a Bachelor’s Degree in Communication Studies (Journalism major) from the Ghana Institute of Journalism.

Related Posts

Business Mogul
Featured

From Shoeshine Boy & Trotro Mate To Business Mogul: The Untold Story Of Seidu Agongo

by Kennedy Opoku
January 16, 2023
Morden Vice President Dr. Bawumia
Opinions

Dr. Mahamudu Bawumia And The Making Of The Modern Vice Presidency

by Kennedy Opoku
January 12, 2023
“We’re Trusting God For His Guidance” – Bawumia Speaks On Economic Recovery
Opinions

Bawumia Fills A ‘Strategic Vacuum’ That Can Propel The NPP To Victory In 2024 – Abeiku Cobbinah Writes

by Godwin Okine, Managing Editor
January 10, 2023
Boakye Agyarko on NPP Primaries
Opinions

Boakye Agyarko Writes: NPP Timetable For Primaries; Let’s For Once Get It Right

by Kennedy Opoku
January 9, 2023
Dr Osei Yaw Adutwum education minister
Education

Dr Yaw Osei Adutwum: The Education Minister Ghana Has Always Wanted

by Kennedy Opoku
December 31, 2022
Next Post
Bawumia, Chief Of Staff And Other Government Bigwigs Grace Memorial Service For Queen Elizabeth In Accra

Bawumia, Chief Of Staff And Other Government Bigwigs Grace Memorial Service For Queen Elizabeth In Accra

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Premium Content

BoG Raises Limit on MoMo Transactions

BoG Raises Limit on MoMo Transactions

December 24, 2022
Ace Ankomah on occupyghana

“Our Battle Is For The Hearts And Minds”- OccupyGhana On Why They Don’t Go On Demonstrations

September 6, 2022
Bulldog fined GHS 48,000

Mahama Is Better Than Kwame Nkrumah – Bullgod

November 24, 2022
  • Home
  • About us
  • Our Team
  • Contact us
  • Privacy Policy
Call us: +2332012345

© 2022 theGhanaianVoice - All Rights Reserved | Legal.

No Result
View All Result
  • Home
  • World
  • Politics
  • Business
  • Culture
  • Sports
  • Entertainment
  • Opinions

© 2022 theGhanaianVoice - All Rights Reserved | Legal.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In