You are here: HomeNews2024 03 19Article 1922070

Excessive spending in 2020 partly to blame for economic woes - IMF boss

This article is closed for comments.

Read Comments Comments (26)

  • Sunday Oliseh 1 month ago

    No peace for wicked party

  • Unpredictable Oye Onye Kwasi Atta 1 month ago

    She has confirmed what we already know. Excessive spending, unsound policies and mismanagement of the economy by shamelessly incompetent and tainted liars.

  • Addo 1 month ago

    The IMF is playing politics with our economy. Were they not the same people who said it was covid-19 and Russia war in Ukraine that has brought our economy down, why have they changed the stance now?
    They cannot be trusted. ...
    read full comment

  • NPP= NANA'S POVERTY PROMOTERS 1 month ago

    FROM THE HORSES OWN MOUTH
    I hope illiterate and clueless NPP communicators understand what the IMF boss Georgieva is saying. Hello Fellow Ghanaians, Ghana's Economic problems were caused by excessive borrowing and spending d ...
    read full comment

  • FRANKIE 1 month ago

    Oyiwa ooooo oyiwa! Where is AKUFFO ADDO and Bawumia? Corruption, corruption and more corruption. Bloody scoundrels and scumbags.

  • Turning the Corner 1 month ago

    They looted the money and shared some small one to bribe voters. We surely did not see the money being spent on any productive project for the common good

  • Boloko Soap: Super Thieves 1 month ago

    Who didn't know this already? Useless projects like National cathedral, massive looting and big government are the main killers. These folks had insatiable appetite for stealing public funds.

  • Koliko 1 month ago

    Sayooo!

  • Michael 1 month ago

    The hypocrisy of this multilateral partners is just too much. Was she not the same person who said Ghana's economic difficulties were caused by exogenous factors i.e. COVID 19 and Russia Ukraine war?

  • Baga 1 month ago

    It wasn't excessive spending it stolen thinking that they will lose the election period.

  • No Nonsense 1 month ago

    When Ghanaians voted for Nana Akuffo Addo, little did they know they had voted the Mother Serpent of Corruption Since 1957 into power. So my fellow Ghanaians, what do you expect, not just from an ordinary serpent which is po ...
    read full comment

  • The Spear 1 month ago

    What siphoned Ghanaians' brain from their craniums? Or they were dreaming when they went to vote for Nana Addo? Are you serious?

    How well did he do as Attorney General? Akufo-Addo refused to have those 5 NPP senior ladies ...
    read full comment

  • kwamevi 1 month ago

    IMF now admits reckless spending is part of the economic woes .Also after the money has been disbursed

  • Bastie Asantefourhene 1 month ago

    Why’re they still collecting Covid levy ?

  • HENRY, SPAIN 1 month ago

    COVID WAS EVERYWHERE. UCRANIA WAR STILL GOING ON. GHANA HAD A GOVERNMENT WITH SQUARE PIGS IN ROUND HOLES. WE HAVE THE MEN AND WOMEN TO HANDLE THAT MINISTRY BUT TO DEAF EARS. NOTHING ELSE. TO DUMP THE ECONOMY. THAT'S THE HYPO ...
    read full comment

  • Zionism is racism 1 month ago

    She actually meant corruption and theft. They became very rich, wgile became an HIPC. Boycott Israel, the criminal,terrorist, genocidal and racist state.

  • Deen 1 month ago

    Madam thanks for adding your voice to madam felicia of the NPP in the North for saying the truth of our economic state.

  • Gborlahn 1 month ago

    And you had to come all the way here to tell us? We already know but our leaders think they can hoodwink us into believing otherwise.

  • Nii Adjei 1 month ago

    You see, these guys are Ghana's problem- The Bretton Wood institutions. In the spirit of international diplomacy, they will never reveal the true diagnosis of economic challenges for fear of handing political capital over to ...
    read full comment

  • Bismarck Aboagye 1 month ago

    This is from the horse's own mouth. It's not Russia -Ukraine war. Ghana's problem is corruption, excessive injection of money into the economy to buy votes for the NPP in the 2020 elections. I hope Akuffo Addo will not use Ru ...
    read full comment

  • Ex-Pope 1 month ago

    ECONOMIC WOES CAUSED BY JULOR HOUSE THIEVERY AND MISMANAGEMENT.

    Stop being so diplomatic. The cause of the economic is the Julor House excessive thievery, looting, plundering and mismanagement.

  • NTOW 1 month ago

    She should have mentioned the excessive borrowing too and not just the spending ( thievery)

  • Laud 1 month ago

    We know this fact all along. No need to tell us. What you may not know is that they loot every dollar of the IMF loans. We are tired of the corrupt regime of akuffo addo and bawuliar.

  • AS LONG AS THAT FRAUDULENT INDEMNITY CLAUSE STAYS IN GHANA'S CONSTITUTION GHANA'S FUCKING LEADERS WILL CONTINUE LOOTING OUR ECONOMY AND COUNTRY TILL THY KINGDOM COME. 1 month ago

    THE LEAST THING ON THE MINDS OF A TYPICAL USELESS GHANAIAN LEADER IS GHANA'S MACROECONOMIC GROWTH AND PERFORMANCE.

    GHANA'S CORRUPT THIEVING LEADERS HAVE MORTGAGED ALL THE NATURAL RESOURCES NEEDED TO BRING ABOUT MACROECONO ...
    read full comment

  • Mr. Good 1 month ago

    But the government admits that our expenditures shot up significantly in 2020. And the reason is obviously the COVID. From contact tracing to tax waivers, to PPEs to hospitals and schools, to free water and electricity, to tr ...
    read full comment

  • TonyB 1 month ago

    The truth which never hides has been let out of the bag Madam thank you for exposing them at last