Donors withhold US$700million

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....... 10 years ago

YOU WANT TO TURN IT EBE DII BI KEKE.

YOU WANT TO TURN IT EBE DII BI KEKE.
GAbaa 10 years ago

If you guarantee a loan for any agency the central government owns it, if the agency fails to pay, so it counts against you sir

If you guarantee a loan for any agency the central government owns it, if the agency fails to pay, so it counts against you sir
Nana O 10 years ago

GAbaa absolutely right!!!

If you provide loan guarantees you are taking the loans upon yourself for those government agencies so it should count on the government's balance sheet. What sort of finance minister is this.

...
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GAbaa absolutely right!!!

If you provide loan guarantees you are taking the loans upon yourself for those government agencies so it should count on the government's balance sheet. What sort of finance minister is this.

So he wants the agencies to go and take loans which he guarantees but then says "we don't count those loans as part of our debt???" Wey kind rubbish be that!!!
Obaa Yaa 10 years ago

EDE BI KEKE MY FOOT. LOOK AT THE CURRENT ECONOMIC SITUATION BEING PLUNGED EACH DAY TO THE GROUND, WHO WOULD LIKE TO DONATE MILLIONS OF £££ OR $$$. It is no surprise the donors are witholding grants. I am certain Ghana is o ...
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EDE BI KEKE MY FOOT. LOOK AT THE CURRENT ECONOMIC SITUATION BEING PLUNGED EACH DAY TO THE GROUND, WHO WOULD LIKE TO DONATE MILLIONS OF £££ OR $$$. It is no surprise the donors are witholding grants. I am certain Ghana is on the verge of going bankrupt with this government. The ordinary citizens are working hard to pull the country together and the leaders are tearing mother Ghana apart with their corruption. Then you get ignorant and shortsighted lefties with-no-where-to-go supporting them, and defending their actions.
Akadu Mensema 10 years ago

Woyome alone will have 50 million cedis!

Woyome alone will have 50 million cedis!
Americano 10 years ago

Are you married? I like you. Very smart lady

Are you married? I like you. Very smart lady
Adwoa Konadu 10 years ago

Well said Akadu.. Why should donors support a country full of good for nothing leaders like Ghana. too bad the Minister of Finance didn't mention what share woyome will get this time.

Well said Akadu.. Why should donors support a country full of good for nothing leaders like Ghana. too bad the Minister of Finance didn't mention what share woyome will get this time.
Kwess 10 years ago

Stop all the unnecessary borrowing - a significant chunk goes into private pockets, and to funding of political parties (buying votes). We should cut our coat according to our size!

Stop all the unnecessary borrowing - a significant chunk goes into private pockets, and to funding of political parties (buying votes). We should cut our coat according to our size!
A&B 10 years ago

I wish the donor countries would keep their money rather than releasing it to be wasted by this irresponsible government.

I wish the donor countries would keep their money rather than releasing it to be wasted by this irresponsible government.
Kay 10 years ago

The question you should ask yourself is would you give a loan to a drunken sailor?

The question you should ask yourself is would you give a loan to a drunken sailor?
Ackah 10 years ago

Ghanaians must rise up to oppose the government's waste of our resources just to win election 2016. In this situation in which we find ourselves today, it would even to be unwise for Nana Addo/NPP to talk about free SHS if he ...
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Ghanaians must rise up to oppose the government's waste of our resources just to win election 2016. In this situation in which we find ourselves today, it would even to be unwise for Nana Addo/NPP to talk about free SHS if he is in power today. Two hundred SHS are not the nation's priority even though building 200 SHS is good. How can we look on to see Mahama waste our little resources on 200 SHS while we all know that he cannot effectively complete this project. We have no water , electricity, roads, food, and good healthcare (basic amenities. We have not been able to bring quality to our existing SHS why do we continue building more low quality SHS? Only God knows the type of SHS Mahama is going to put up. I learned in this article that they are waiting for support from the World Bank Which means, the they have not even received a dollar from the World Bank but they are cutting sod just in the name of politics and propaganda. Mahama would not rush to cut sod had it not been pressure Ghanaians have recently put on him asking him to fulfil his numerous promises. He knows the nation cannot afford this project at this time, but for face saving and propaganda, he rushes to cut the sod which he is only good at. My worry is, we should not sit down for him to waste the little resources only to complain tomorrow. If the country has money, he should put in proper use. He should try tyo improve upon the existing schools, improve upon water supply, elctricity, etc. These are all important sectors when improved will also shoot up his credibility. The cabinet should act/perform.
AKUA DONKOR 10 years ago

"ENYE ENENOOOO!!, SE YEKAA YE" AKUA DONKOR SAID IT THOROUGHLY. THE 2012 $4BILLION OVERSPENDING TO SHORE UP AND PROMOTE MAHAMA AND HIS NDC TO POWER HAS NOW BECOME THE CANCER EATING THE FLESH OF GHANAIANS. " SE YEKAA YE, ENYE E ...
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"ENYE ENENOOOO!!, SE YEKAA YE" AKUA DONKOR SAID IT THOROUGHLY. THE 2012 $4BILLION OVERSPENDING TO SHORE UP AND PROMOTE MAHAMA AND HIS NDC TO POWER HAS NOW BECOME THE CANCER EATING THE FLESH OF GHANAIANS. " SE YEKAA YE, ENYE ENENOOOOO, ENA EDA HO NO."
OBINNA 10 years ago

DONOR COUNTRIES AND INSTITUTIONS ARE WATCHING IN HOROR WHAT GHANA IS DOING WITH THEIR MONEY AND HOW GOVERNMENT IS MISMANAGING THEIR FUNDS. REMEMBER, THESE FUNDS ARE THE RESULT OF TAXPAYERS SWEAT AND TOIL AND GHANA GOVERNMENT ...
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DONOR COUNTRIES AND INSTITUTIONS ARE WATCHING IN HOROR WHAT GHANA IS DOING WITH THEIR MONEY AND HOW GOVERNMENT IS MISMANAGING THEIR FUNDS. REMEMBER, THESE FUNDS ARE THE RESULT OF TAXPAYERS SWEAT AND TOIL AND GHANA GOVERNMENT DOES NOT SERIOUSLY VALUE THE SUPPORT OR ELSE IT WOULD DO BETTER MANAGING THESE FUNDS. UNCONTROLLED CORRUPTION AND NAKED STEALING OF FUNDS BY POLITICIANS AND THEIR CRONIES MAKE THESE DONORS SICK TO THEIR STOMACHS
Obaa Yaa 10 years ago

WHEN I WATCH THE WAY GHANA'S ECONOMY IS PLUNGING, ALL I COULD THINK OF IS - I BETTER SAVE MY INVESTMENT WITH LOW INTEREST OR HIGH TAX IN EUROPE THAN LOOSE ALL WITH A 'BIG BANG'. IT MAKES MY STOMACH CHURN WHEN I READ COMMENTS ...
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WHEN I WATCH THE WAY GHANA'S ECONOMY IS PLUNGING, ALL I COULD THINK OF IS - I BETTER SAVE MY INVESTMENT WITH LOW INTEREST OR HIGH TAX IN EUROPE THAN LOOSE ALL WITH A 'BIG BANG'. IT MAKES MY STOMACH CHURN WHEN I READ COMMENTS AND HEAR STATEMENT OF THE CURRENT GOVERNMENT. TOTAL SHAMBLES I MUST SAY.
adanko 10 years ago

Smooth talking cannot hide the mischeavous and cheating activities of Mahama and NDC. Now the squueze is on their balls and thea crying " it is not fair!"What is fair when you continue spending and cooking the books without t ...
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Smooth talking cannot hide the mischeavous and cheating activities of Mahama and NDC. Now the squueze is on their balls and thea crying " it is not fair!"What is fair when you continue spending and cooking the books without thinking? A rich country run down by greedy and wicked thieves!God will punish you one by one . Fire and death will be visited on alll who have put us in this mess! Amen
Antiochus - London 10 years ago

The donors should forever withhold their funds for our budgetary support as the monies are misused by our greedy bastard Mahama and his cronies.

The donors should forever withhold their funds for our budgetary support as the monies are misused by our greedy bastard Mahama and his cronies.
BRANDY 10 years ago

GOD Isnt Stupid Like Us, We Reap What We Sowed,,,,We Sowed Fake Judgement Debts, Almost One Billion Dollars....We Sowed Woyome 45 Million Dollars, We Sowed Waterville 46 Million Dollars,.....We Sowed Gyeed, Subah, Sada, ....W ...
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GOD Isnt Stupid Like Us, We Reap What We Sowed,,,,We Sowed Fake Judgement Debts, Almost One Billion Dollars....We Sowed Woyome 45 Million Dollars, We Sowed Waterville 46 Million Dollars,.....We Sowed Gyeed, Subah, Sada, ....We Sowed Inflated Contracts Like Six Classroom Blks Costing 400,000.00 Ghc Under Ndc Instead Of 80,000.00 Under Npp....We Sowed 8.7 Billion Ghc Overexpenditure In 2012 Just For Ndc And John Mahama To Win Elections....We Sowed A Great Deal Of Thievery And Corruption Whilst Men Of God And Duncan Williams Continue To Sit Idle By Or Got Involved In Thieving Themselves, and he is now calling for a miraculous halt to the fall of the cedi…........So What Is Duncan Williams Saying To God.....We Are Reaping What The Ndc Govt Has Sowed….thievery and incompetence and tribalism………all this while, the ndc apparatchiks were busy looting and looting and wrecking our economy…

And Okudzeto Ablakwah, Look At The Poverty Of Volta Region And Its Natives And Yet You Were Asking Ghanaians To Pay Out 1.5 Billion Dollars To Africa Auto Ltd.....And You Even Tried To Influence Martin Amidu To Do Same By Looting And Sharing Fake Judgement Debts To Cronies And Criminal Friends Of Yours........It Is Only In Ghana That Criminals Like U Will Continue To Represent Their People In Govt Despite Ur Criminal Conduct In Office Since Ndc Took Over And The Doors Were Opened For Looting And Sharing..........It Is Ndc That Has Destroyed The Economy With Criminal Acts Like Building Six-Classroom Blk For 400,000.00 Ghc Instead Of 80,000.00 By Npp And Kuffuor......Gyeeda, Subah, Sada, And 8.7 Bn Ghc Overexpenditure In 2012 Just For Mahama To Win Elections......Satan Is In Bed With U All In Ndc And So U Will Suffer More Than This.

We Reap What We Sowed,,,,We Sowed Fake Judgement Debts, Almost One Billion Dollars....We Sowed Woyome 45 Million Dollars, We Sowed Waterville 46 Million Dollars,we sowed 94 million fake payments to construction pioneers .....We Sowed Gyeeda, Subah, Sada, ....We Sowed Inflated Contracts Like Six Classroom Blks Costing 400,000.00 Ghc Under Ndc Instead Of 80,000.00 Under Npp....We Sowed 8.7 Billion Ghc Overexpenditure In 2012 Just For Ndc And John Mahama To Win Elections....We Sowed A Great Deal Of Thievery And Corruption Whilst Men Of God And Duncan Williams Continue To Sit Idle By Or Got Involved In Thieving Themselves.......So What Is nii moi thompson Saying? ........We Are Reaping What The Ndc Govt Has Sowed..tell him to be truthful and honest with john mahama to stop the stealing stealing stealing stealing....thieves ndc
HABLUTA SENYO 10 years ago

TIME TO TELL THE HYPOCRATES WESTERN WORLD TO KEEP THEIR DOLLARS,DEMOCRACY,
NOW THEY WANTS AFRICA MEN GO SLEEP WITH FELLOW MEN FOR MONEY THAT IS A SIN BEFORE GOD.SAY NO TO WHITE MEN MONEY

TIME TO TELL THE HYPOCRATES WESTERN WORLD TO KEEP THEIR DOLLARS,DEMOCRACY,
NOW THEY WANTS AFRICA MEN GO SLEEP WITH FELLOW MEN FOR MONEY THAT IS A SIN BEFORE GOD.SAY NO TO WHITE MEN MONEY
Antiochus - London 10 years ago

Oh! Afari Gyan what have you done. Your sins will never be forgiven,even in hell.

Oh! Afari Gyan what have you done. Your sins will never be forgiven,even in hell.
TK 10 years ago

After all its not the Supreme Court case, but government mismanagement - over spending that is running the Ghanaian economy down. Lets stop the propaganda and face the facts. Good day

After all its not the Supreme Court case, but government mismanagement - over spending that is running the Ghanaian economy down. Lets stop the propaganda and face the facts. Good day
Obenfo 10 years ago

This is the true beginning of Ghana, the independent Ghana I dearly wish to help develop. The Country's economy is not beyond repair,this is the moment I have been waiting for all my life.

This is the moment Ghanaian leade ...
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This is the true beginning of Ghana, the independent Ghana I dearly wish to help develop. The Country's economy is not beyond repair,this is the moment I have been waiting for all my life.

This is the moment Ghanaian leaders will wake-up to the realities of life, that nothing in this world is free. Please, be informed that Ghana's success and failure is in our own hands. If you can show me a rich beggar in your neighborhood, then you can assure me that Ghana expect to become rich with her bowl in her hands going round begging from country to country.

If you live your life by indefinitely expecting free handouts, you will continually live in complacency and fail to challenge yourself to your true potential.

Ghana, in reality, doesn't need those peanuts from her everlasting enemies that have appeared in the so-called "Development Partners" title. At least, now you know you are on your own, this is time for independent critical thinking. The solutions are in the mind, think!
mas Ieso 10 years ago

After the elections Fiifi Kwetey came out to tell the whole world the NDC government had to do what it had to do to retain power. It meant they had to dip their hands into the consolidated funds, which is part of the donors m ...
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After the elections Fiifi Kwetey came out to tell the whole world the NDC government had to do what it had to do to retain power. It meant they had to dip their hands into the consolidated funds, which is part of the donors money, for their election campaign. They had to bribe people, buy 10 brand new Toyota Land cruisers for the 10 regional house of chiefs, cars for university graduates, and distributed monies to people in the various constituencies like distributing donuts. That is the result we are all witnessing. When Dr. Bawumia mentioned this he was called all sorts of names by Fifi Kwetey who had not written any paper on the Ghanaian economy, yet he is at the presidency in change of the economy. Let him come out now to tell us how to convince the donors to release the $700,000,000.00. Naka gbe me.
Ametsitsi 10 years ago

Is it not even shameful that at this stage of our lives we are depending on donors to balance our budget?

Is it not even shameful that at this stage of our lives we are depending on donors to balance our budget?
Barimaba 10 years ago

Ghana is not poor,but being robbed

Ghana is not poor,but being robbed
HAZOR 10 years ago

Ghana Government thinks donors are very stupid and did not know what to do with they tax payers money.Donors has realise that money given to NDC government for development purpose were channel in to their personnal accounts t ...
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Ghana Government thinks donors are very stupid and did not know what to do with they tax payers money.Donors has realise that money given to NDC government for development purpose were channel in to their personnal accounts to enrich themselves and they the donor did not have the money the president and his ministers accumulated.According to Forbes President Mahama 1 year in office has US$900million not include the US$170million deposite at Swiss privatbank and Afriyie Ankrah has US$112million less than a year as sports minister while does donors did not have such money in their accounts.What peace off donors is that how could president Mahama not punish GRA C.E.O for using his own will without informing the president and law makers for approval and dole out tax payers money of GHC 175 million for work not done and still C.E.O GRA.Report donors receive from their representatives and world bank in Ghana is not good news that is the result of the holdup.
Akomadan Adjei Nkansah Belgium 10 years ago

NDC,MAHAMA HATE THE TRUTH,THE LAND IS RICH BUT THE PEOPLE ARE POOR,MAHAMA KILLED MILLS FOR POWER,JUST COME TO POWER TO DISTORY ,COLLAPS,CORRUPT,CHOP ALL OUR MONEY AND LEFT GHANIANS BONES,WHY,STILL MAHAMA NDC KEEP ON LIES TO G ...
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NDC,MAHAMA HATE THE TRUTH,THE LAND IS RICH BUT THE PEOPLE ARE POOR,MAHAMA KILLED MILLS FOR POWER,JUST COME TO POWER TO DISTORY ,COLLAPS,CORRUPT,CHOP ALL OUR MONEY AND LEFT GHANIANS BONES,WHY,STILL MAHAMA NDC KEEP ON LIES TO GHANIANS,LSELESS,INCOMPETENT,IDIOT,EVIL,JUJU DWARFS,GOD WILL PUNISH EC,ATUGUBA,JUDGESNDC MAHAMA ADN ALL HIS FAMILY,KEEP ON CHOPPING,2016 WILL SOON COME,HMMMMMM EI GHANA PAAAA NIE?????
AMB 10 years ago

Normally the Govt guarantee for Loans to Public Institutions is a fallback arrangement. Do the cashflow and repayment projections confirm viability without social interventions from Govt on pricing? If yes an argument could b ...
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Normally the Govt guarantee for Loans to Public Institutions is a fallback arrangement. Do the cashflow and repayment projections confirm viability without social interventions from Govt on pricing? If yes an argument could be made to exclude this. Kindly explain this further Mr Minister. You are doing the best that you can in the circumstance. It would hv been worse if we did not have somebody like you who is hardworking, honest and disciplined. You appear to be over taxing people when most costs are going up. These are disincentives to business, investment and competitiveness.
Concerned Ghanaian 10 years ago

One important thing Mr Terkper forgot to mention is the gross incompetent mismanagement, ubiquotous massive corruption spearded by people at the top. How can we justify ordinary people going into politics and within a year or ...
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One important thing Mr Terkper forgot to mention is the gross incompetent mismanagement, ubiquotous massive corruption spearded by people at the top. How can we justify ordinary people going into politics and within a year or two owning huge assets like plush houses, shopping malls fleet of petrol filling stations etc etc, when all or most of these people have not done any proper work in their lives or do not own businesses before.

The truth of the matter is that our donors can only see us as "stupid people" with a rich land, weather and resources second to none in the world, how can we be a poor nation?

Ghana has more resources and better climate than most the countries who act as our donors, so the missing variable in the equation is that we have been ruled by idiots who cannot see beyond their noses.

Even today when you go to many villages in Ghana you would find a number of people with motor cycles, cars etc etc which are all freebies given to them by govt during the election campaign time, where did that money come from?

We have created a country that everyone is after benefits and no one including the govt is interested in creation of wealth.
We have only one economic policy, tax the few smart and hardworking people who have created businesses and beg foreigners for everything frommoney to second-hand clothing.

How much does Ghana govt spend on fuel a day? How many govt vehicles are abused during the weekend involved in funerals , construction. Why should we have televisions in most offices or govt departments where most workers spend their time not working but watching Films or soaps?

Mr Terkper the solution to your financial holes can easily be filled only and only if, you and your ilk would be honest, sacrifice, ready and most important of all defer from graft, and stop chasing benefits when you tell the masses to give up their benefits and be prepared to lead this rich country - the true God's natural heaven.
William Sorkpor, USA 10 years ago

Donor countries are using tough love to wean our beloved Great Ghana off budgetary support.

I believe this is long over due.

Once upon a time, Ghana was a donor country. I wonder if any of our leaders, -- past and pre ...
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Donor countries are using tough love to wean our beloved Great Ghana off budgetary support.

I believe this is long over due.

Once upon a time, Ghana was a donor country. I wonder if any of our leaders, -- past and present -- can tell what time it was.

It is disheartening to see our Finance Minister lamenting over harm that the budget shortfalls have been doing to the running of the country's finances.

Our government has failed to draw wisdom from the old adage that says: nobody bases his or her financial plans on money that is in another person's pocket.

We cannot foot our own annual budget,
yet we want the world to stop treating us like a poor nation.

We want the world to give the respect of a middle-class country, -- even though we cannot pay our own way.

How phony can we get!

With all due respect, I consider it insanity for our leaders to consider our country a middle class nation.
We should have remained an HIPC.

A high GDP growth that does not produce jobs is hollow and meaningless.

Under sound economic principles,
real growth is driven by consumer spending.

If our people don't jobs, they cannot spend to grow the economy symmetrically.

With such a chronic high unemployment rate our leaders cannot make the claim that, the high growth they have been touting all these years has been consumer driven.

We have to face reality. Our economy is in the gutters. It has been there for a very long time. I would not blame it on anybody.

Obviously the masses of our country have not been lucky enough to have leaders, who know how to run their economic affairs in a way that would bring them wealth and dignity.

What we need going forward is to start from basics, -- depending on sound economic principles.

We don't have the luxury to be playing politics with the people's livelihood. When we mess up the economy, we are direct messing up the lives if our people. This is not right.

How pathetic can it get for a nation that calls itself a middle class nation but, is heavily dependent on foreign aid for its annual budget.

This is unacceptable.

May Lord Almighty continue to bless our beloved Great Ghana:
Amen!!!
JC 10 years ago

Donor fund is contributing to our problems. Why should they give TAX MONEY to a govt. when the MONEY is being stolen? KEEP YOUR TAX MONEY!!!!!!

Donor fund is contributing to our problems. Why should they give TAX MONEY to a govt. when the MONEY is being stolen? KEEP YOUR TAX MONEY!!!!!!
Tijani 10 years ago

bad policies and bad deals is killing Ghana. our leaders have no understanding of borrowing conditions. the borrowing continues yet, no roads, schools and hospitals. I wonder what they are doing with the oil money.

bad policies and bad deals is killing Ghana. our leaders have no understanding of borrowing conditions. the borrowing continues yet, no roads, schools and hospitals. I wonder what they are doing with the oil money.
EZEKIEL 10 years ago

HOW can a SERIOUS NATION depend so much on DONOR SUPPORT FINANCIALLY to be able to budget PROPERLY ?? ALL our leaders so far have been STUPID and LAZY, since Nkrumah who depleted our RESERVES, but we ALL KNOW for which projec ...
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HOW can a SERIOUS NATION depend so much on DONOR SUPPORT FINANCIALLY to be able to budget PROPERLY ?? ALL our leaders so far have been STUPID and LAZY, since Nkrumah who depleted our RESERVES, but we ALL KNOW for which projects,...Ak-Dam,Tema Township, Secondary Schools and Universities ETC.
The "leaders" after him were just SPENDING like there was NO TOMORROW,some even decorating themselves with a Gold Chain like a gorilla !!! WHY arte we so Stupid ???
The Donors should KEEP the MONEY....till we SHOW SIGNS of MATURITY!!! Bravo!
Songna-chebe 10 years ago

The World Bank, African Development Bank, the European Union and other foreign governments understand Ghana's source of oil revenue better than anyone. Most probably, out of the total annual production of 5MBBl, Ghana takes h ...
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The World Bank, African Development Bank, the European Union and other foreign governments understand Ghana's source of oil revenue better than anyone. Most probably, out of the total annual production of 5MBBl, Ghana takes home only an average of 12% of that-as carry interest. Still not enough to stand alone. Tell them.
NDC BREEDS STUPIDITY 10 years ago

THEY WILL BE MADE TO FACE JUSTICE

THEY WILL BE MADE TO FACE JUSTICE
G. K. Berko 10 years ago

One crucial lesson the Mahama Govt should have learnt is that the IMF plays into local Politics to the point that it applies inflexibility towards Gov'ts they favor less ideologically.

It is therefore most important to le ...
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One crucial lesson the Mahama Govt should have learnt is that the IMF plays into local Politics to the point that it applies inflexibility towards Gov'ts they favor less ideologically.

It is therefore most important to leave no stone unturned to cover all likely scenarios when negotiating with it, so that it does not shock the Govt with any hidden constraints.

That financial entity used the same tactics to deny Nkrumah's Govt financial assistance it has agreed earlier to make available when that Govt most needed it. That is why Nkrumah did not proceed on his Economic plans in piece meal fashion, only to run out of funds before major projects completed.

While the World Bank and IMF would act to swiftly show how sincere they are to assist all Gov'ts that conform to certain basic conditions, any significant attitude a Govt shows to antagonize their preferred entities in a Nation's Political contest draws their quiet revision of contracts to apply the suggested hidden constraints.

This has been a big reason for which many people around the Globe believe those Institutions still capriciously manipulate local Politics in favor of particular sides of a Nation's Politics. Some even believe the favored sides specifically request those financial Institutions to do exactly those restrictive things to the disliked Regime to help its failure and open the chances for their its favored opponents.

Whether we should believe in this behavior of the IMF or not it is always the best option to build our own developmental funds with savings, increased productivity for exports, and good management and depend on those entities the least, if ever.

We should not look forward to their aid for financing our projects let alone routine expenditures. When Argentina rejected their assistance amidst her colossal financial debacle a few years back, she not only survived but emerged surprisingly successful in overcoming that ominous Economic times.

We can do similarly, now, when we are not yet in as much terrible state as Argentina was to reap greater success and proud self-reliance.

Long Live Ghana!!!
afua 10 years ago

mahama alone have $900,000000 ,where did he got the money from? he can loan Ghana the $700million we need and he can keep the 2oo million and he can use it for the rest of his life.

mahama alone have $900,000000 ,where did he got the money from? he can loan Ghana the $700million we need and he can keep the 2oo million and he can use it for the rest of his life.
Whatever 10 years ago

That US$700 million is not a donation. It's loan that would have to be repaid by us with interest after the world bank imposed-foreign experts have chopped halve. So what is Seth Terkper complaining about?

That US$700 million is not a donation. It's loan that would have to be repaid by us with interest after the world bank imposed-foreign experts have chopped halve. So what is Seth Terkper complaining about?
Pelicles 10 years ago

We are independent as we proudly say that. We do not need the "pink-skin man" to meddle in our affairs but when it comes to money, we rely on them. I hope these donor nations will stop giving us money henceforth.

Look, we ...
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We are independent as we proudly say that. We do not need the "pink-skin man" to meddle in our affairs but when it comes to money, we rely on them. I hope these donor nations will stop giving us money henceforth.

Look, we are capable of managing our own affairs so, what the heck do we need donors support? If our leaders are that good, we can generate money internally to undertake any development we deem fit but not in Ghana where our leaders are more concern about their stomach than anything else.
MENSAH 10 years ago

When will Ghana start to discern,I have two legs,and would therefore,try to stand on them?
WHY DO WE ALWAYS THINK WE NEED HELP FROM SOMEWHERE,WHILST YOU GUYS ARE JUST EATING OUR FUNDS?
So we are always in the flow,in respon ...
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When will Ghana start to discern,I have two legs,and would therefore,try to stand on them?
WHY DO WE ALWAYS THINK WE NEED HELP FROM SOMEWHERE,WHILST YOU GUYS ARE JUST EATING OUR FUNDS?
So we are always in the flow,in response to external savior from somewhere,to come to our aid.

I HARDLY KNOW HOW TO DEFINE AND DESCRIBE GHANA'S INDEPENDENCE IN 1957.

Are we actually free or just deceiving ourselves?
WHAT IS FREEDOM,THEN?
Kweku Donsuro 10 years ago

Government is being punished for not having competent hands handling the economy. Period.

Government is being punished for not having competent hands handling the economy. Period.

Donors withhold US$700million

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