In his next administration, John Dramani Mahama, the flagbearer of the opposition National Democratic Congress (NDC), has promised to settle unpaid financial obligations made by the government to investors.
Mahama reiterated his commitment to upholding the sanctity of contracts even as he acknowledged the detrimental effects of broken promises on investor trust.
Speaking at the Foreign Direct Investment series in Accra, John Mahama emphasised the need of supporting measures meant to revolutionise the economy of Ghana.
“A new NDC government shall respect the sanctity of contracts, and I am sure many of you are waiting to hear this, properly executed [contracts] that deliver value to the people of Ghana and to the investor.
“Several investors have complained about the lack of commitment on the part of the government to honour outstanding financial commitments in respect of goods and services that have been provided.
“I have taken notice of this important issue and I want to assure all those in that situation currently that we will take an inventory of all that and our government shall urgently work to resolve all these payment issues through a system that will be transparent and timely, just as happened when I was president.”
