Sierra Leone News: APC Presidential Candidate to Transform the Economy

By Stephen V. Lansana

Presidential Aspirant of APC, Dr Kamara

The presidential candidate of the ruling All People’s Congress (APC) party, Dr. Samura Mathew Wilson Kamara, has said he will seek to build on the achievements of President Koroma by ensuring policy continuity which is fundamental to consolidating and sustaining the country’s economy.

His comment came on Monday at the launching of the APC manifesto in Freetown.

He said that before the end of his first term as President of Sierra Leone, he will ensure that his government implements strategic development.

He added that the party inherited a difficult economy; one that was saddled with many challenges, not least being high rates of poverty and low economic growth rates.

“Over the past 10 years, the APC, under President Koroma, has moved Sierra Leone from very poor growth rates to the second fastest growing economy in the world in 2014 and among Africa’s top ten fastest growing economies (IMF, 2016),” he said

He said notwithstanding global headwinds, such as collapse of global commodity prices, and endogenous shocks, such as the onslaught of the Ebola and its resultant effects, the APC government has pursued sound economic and progressive growth oriented policies that have minimised their impacts on our economy and population.

“Sierra Leone’s economy has proven resilient in the face of such significant shocks. The country continues to support impressive growth rates with double-digits through the strategic policies that have been introduced to diversify the economy and promote innovative investments in growth-promoting and employment creating sectors such as agriculture, fisheries, mining and tourism,” he said.

He said they recognise that the impact of shocks to the economy is magnified when output is dependent on a limited number of sectors. “We further recognise that the diversification of our economy is critical to meeting our core objectives of minimising risk, economic stabilisation, and creating wealth for our citizens.

Dr Kamara said his administration will invest in “economic shock” minimisation programmes by prioritising public or private investment in agriculture, mining, fisheries and tourism; accompanied with the necessary investment in infrastructure, such as housing, energy, roads, water, and technology; enhancing wealth creation through expanding routes for entry of the common man and woman into the formal economy and access to state services, including the universal health insurance scheme, biometric registration, documentation of land ownership, credit reference systems, and expanding collateralization.

He said his government will make interventions to support high impact, sustainable, and inclusive development-focused programmes that will continuously raise real Gross Domestic Product (GDP) growth rate, reduce annual average inflation, increase per capita income from US$600 to at least US$900. “Most importantly, if I am elected as the President, I will ensure that structural systems are instituted to place our beloved Sierra Leone on course to a middle-income country by 2035. My administration will make long-term institutional planning, coordination and integration the cornerstone of all public sector investments,” he said.

The Presidential Candidate of APC said his government will promote the inclusion of the common man and woman in the national insurance health scheme.

My fellow compatriots, with passion, commitment and determination, I have served

“My fellow compatriots, with passion, commitment and determination, I have served Sierra Leone throughout my professional life. With a much greater passion, commitment and determination I entered the race for the Presidency of our great nation under the ticket of the All People’s Congress (APC), with the solemn determination and commitment to dedicate the next five years to leading our beloved country even closer towards middle-income status by 2035,” Dr Kamara said.

He said “I would like to be remembered as the President that contributed to and built on the great legacy of his redecessor, His Excellency Dr. Ernest Bai Koroma to transform Sierra Leone into a middle income country; by instituting the right policy, economic, institutional and regulatory frameworks in place to meet all the Sustainable Development Goals (SDGs) and the vision of the Agenda 2063 of the African Union (AU).” “Under my strategic leadership, our country would continue to move forward as we focus a significant portion of our development efforts on harnessing the skills, untapped potential and resourcefulness of our people, with particular focus on the marginalised in society including the youth, women and the physically challenged.”

He said that he will target the common man and women in financial inclusion schemes; enhancing the registration of lands and such other assets which may be collaterised for low interest loans and other financial inclusion schemes; and promotes better housing for the common man and woman through public private partnerships, mortgage schemes, land grants and other programmes.

He called all and sundry to VOTE for the APC for a better and more prosperous Sierra Leone for all.

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