Deputy Minister of Trade and Industry and Member of Parliament (MP) for Nhyiaeso constituency in the Ashanti region, Dr. Stephen Amoah, is still receiving applauds for being the most eloquent debater and also the first time MP who has spoken more in the 8th Parliament.
Both on the floor of Parliament and outside, the Investment Banker appears to have outclassed his colleague first time MPs in regards to debates and responses to issues about the economy, a study conducted by a researcher of international repute, Stephen Owusu-Nimo has revealed.
The least of the video clips the study revealed was twenty-one, and in all the video clips, the MP who is gunning to represent the constituency the second time was heard making spirited argument about why the economy is where it is and assuring that it would be fixed.
The former Chief Executive Officer of Microfinance & Small Loans Centre (MASLOC), the study, which was released last Wednesday intimated, was virtually on every radio and TV platforms either explaining Government’s economic policies or tackling the opposition National Democratic Congress (NDC) on issues about the economy and politics.
For instance, at the second edition of the Financial Economics Seminar-2023, a yearly economic seminar which is gaining root as the most sought-after forum to discuss macroeconomic, International finance and financial markets issues, held at the UPSA Auditorium, in Accra on 29 June, this year, Dr. Stephen Amoah did an economic analysis on why when governments tout the growth of economic indicators, the usual refrain that greets it is that people do not feel it in their pockets.
According to the Nhyiaeso constituency MP, “Industrial or market economy of most developing economies, including Ghana, is predominantly the defensive type. Ladies and gentlemen, when I say the defensive type, their systematic risk index is less than one (1), and what it means is that when the economy of our country moves 10% or ten steps, the market generally in our country does not move along with it. It could move maybe 1% or doesn’t move at all.”
The Nhyiaeso MP disclosed that, that is one of the major reasons even though economic indicators may show growth, people complain about not feeling its impacts in their pockets.
Dr. Amoah received a doctorate and an undergraduate degree from Kwame Nkrumah University of Science & Technology and a graduate degree from the University of Derby.
He holds Phd in Actuarial Science (Option: Finance and Macro Economics) from Kwame Nkrumah University of science and Technology, (KNUST).
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