Ignore TUC’s caution against IMF bailout – Prof. Baah

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SEIDU JOHNSON 10 years ago

GHANA IS COLLAPS THROUGH THOSE GREEDY NDC CRIMINAL LEADERS, THEY SHOULD KEEP ON DESTROYING OUR FUTURE BUT A DAY WILL COME

GHANA IS COLLAPS THROUGH THOSE GREEDY NDC CRIMINAL LEADERS, THEY SHOULD KEEP ON DESTROYING OUR FUTURE BUT A DAY WILL COME
MOGADISHU 10 years ago

HOW MUCH DID THEY PAY YOU? AKWASI AMANKWAA AFRIFA'S CIA CLASSMATE

HOW MUCH DID THEY PAY YOU? AKWASI AMANKWAA AFRIFA'S CIA CLASSMATE
Zoobie-Zoobie 10 years ago

Comments on everything that he knows nothing about

Comments on everything that he knows nothing about
Whatever 10 years ago

This professor, his eyes hasn't opened yet

This professor, his eyes hasn't opened yet
Anoymous Coward 10 years ago

Professor Nmoasem.

Professor Nmoasem.
ensorerobby@ texas u.s.a 10 years ago

thank you. he should name one african country who succeeded economically under IMF. SOUTH KOREA is one country who neither depended on IMF nor foreign aid to turn their economy around and today they an industrial super power ...
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thank you. he should name one african country who succeeded economically under IMF. SOUTH KOREA is one country who neither depended on IMF nor foreign aid to turn their economy around and today they an industrial super power. remember they launched their economic development program the same year ghana went under IMF under Rawlings administration. it can be avoided and no one want an economy which is being remote controlled by an organization called IMF. HOW MANY DEVELOPED COUNTRIES HAVE GONE TO IMF FOR HELP knowing what rules and regulation it carry's. if the united states went to china for a bail out to restructure its economy then the Prof should understand IMF is a no go area. the only problem our economy is facing is over borrowing, tax avoidance talking of big company's left off the hook and not paying their taxes, needed expansionary fiscal and monetary policies not contractionary policies of increasing taxes as the government is doing in times where consumer confidence is low. then lowering interest rates tighten screws on importation, promoting made in ghana goods and finally protecting our infant industries from competition from textiles industries from china.
tell me what IMF will do a part from the measures listed here. may be withdrawing government grants and subsidies the old IMF approach in solving economic issues. our economy is on life support and kind of sad the way things are going. the government has to tighten it screws on corruption and accountability. one area that has caused ghana alot in tax evasion is the tema harbour and they should reform that area by making importers pay their duty's at the bank just like the school tuition and fee approach so no one individual handles that money. you get your invoice on duty go to the bank pay your duty come back to the port show your invoice, the port confirms with the bank and you get your goods and every one is happy. we need fiscal discipline and serious probe into accountability and IMF should not be our last resort. we have able minded men who can revive our economy but too much political nepotism, party loyalty calling a spade a spoon and do nothing parliament got us this far. they have given the government too much free ride and blank cheques to implement measures that are currently hurting the economy. we can come out of this if the government applies some of the items listed within my comments and IMF should not be our last resort. africa should forge on its own going forward and thats the basic reason we advocated for independence.
DAN 10 years ago

THEY CAUSE MORE POVERTY BY RAISE TARIFFS AND LOAN RATES TO REAL PEOPLE(THE CITIZENS) WHILE LOWERING IMPORT DUTIES FOR EUROPEAN COUNTRYS, LIKE THE epa TREATYS

THEY CAUSE MORE POVERTY BY RAISE TARIFFS AND LOAN RATES TO REAL PEOPLE(THE CITIZENS) WHILE LOWERING IMPORT DUTIES FOR EUROPEAN COUNTRYS, LIKE THE epa TREATYS
KWAME, BELGIUM 10 years ago

The TUC is no more a platform for the working people because the big man had changed the TUC to a political party and this is why he is making political statements.

The TUC is no more a platform for the working people because the big man had changed the TUC to a political party and this is why he is making political statements.
Badu 10 years ago

who will bear the hardships that will come from the prescriptions that will come with the bailout? More by the workers, and the poor.

who will bear the hardships that will come from the prescriptions that will come with the bailout? More by the workers, and the poor.
GHANAMAN 10 years ago

Why don't we just sell Professor Baah and all those Western educated fools.

Surely, we can make some dollars to put up houses for future kids.

The best form of resource is the people or what we Ghanaians call manpower ...
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Why don't we just sell Professor Baah and all those Western educated fools.

Surely, we can make some dollars to put up houses for future kids.

The best form of resource is the people or what we Ghanaians call manpower.

When is gov't going to develop and tap that resources instead of always borrowing the surplus of other nations' manpower.
Mensah 10 years ago

If the TUC is saying NO to IMF, then they have to forget about pay increase since about 70% of that bailout will definitely go into paying of workers salaries, which they are demanding for.
We are tired of your politics.

If the TUC is saying NO to IMF, then they have to forget about pay increase since about 70% of that bailout will definitely go into paying of workers salaries, which they are demanding for.
We are tired of your politics.
MENSAH 10 years ago

MAHAMA & CO, have caused the economic hardship to the Ghanaian citizenry,but not the TUC.
The TUC stands for the common workers,who do not know how our wealth is spent by the government.
IF THE TUC HAS NOT PLAYED ANY PART I ...
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MAHAMA & CO, have caused the economic hardship to the Ghanaian citizenry,but not the TUC.
The TUC stands for the common workers,who do not know how our wealth is spent by the government.
IF THE TUC HAS NOT PLAYED ANY PART IN THE ECONOMIC HARDSHIP THAT AFFECTS THE COMMON MAN ON THE STREET,HE BACKS,THEN IT HAS EVERY RIGHTS TO FORCE FOR PAY INCREASE FOR HIS CLIENTS:

THE POOR WORKERS.

Mahama has been offered with all the tools to make it big for Ghana,but has blown it.
Therefore,it isn't the TUC to fix it.
The TUC IS RATHER PREVENTING A FURTHER HARDSHIP,that will come,if GHANA GOES FOR A BAILOUT FROM THE IMF.
So I don't know what MR.AMOAKO-BAAH,claims here.
Adjei Koti 10 years ago

Resources are developed and tapped with money. Biggot....

Resources are developed and tapped with money. Biggot....
GHANAMAN 10 years ago

YOU SHOULD BE ON THE LIST OF THOSE TO BE SOLD FOR THAT MONEY.

YOU SHOULD BE ON THE LIST OF THOSE TO BE SOLD FOR THAT MONEY.
DAN 10 years ago

THAT STUPID CAP YOU WEAR ON YOUR HEAD AND LONG BEARD WILL NOT PROTECT YOU FROM SATAN AND THE HEAT WILL BE MUCH HOTTER THAN THE SAHARA DESERT!

THAT STUPID CAP YOU WEAR ON YOUR HEAD AND LONG BEARD WILL NOT PROTECT YOU FROM SATAN AND THE HEAT WILL BE MUCH HOTTER THAN THE SAHARA DESERT!
Pelicles 10 years ago

The statement from this man is a testament that our educated elites are the main problems facing Ghana. Why can't this man accept the fact that IMF loans are a curse rather than a blessing to any developed nation?

I wonde ...
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The statement from this man is a testament that our educated elites are the main problems facing Ghana. Why can't this man accept the fact that IMF loans are a curse rather than a blessing to any developed nation?

I wonder who appoints this man to head the Political Science Department of KUST and what he is actually teaching his students.

Ghana can ignore the IMF loans by cleaning the "system" that is rife with "waste" and that will generate enough money to help revive the economy.

By the way, NDC top politicians keep denying that the economy is on death bed so, why are they contemplating on getting IMF loans?
Kodwo 10 years ago

Even the current IMF boss has admitted the IMF didn't really help those countries they were "bailing" out.

With all your academic background, you must be advising the government to PRODUCE and EXPORT its way out of the mes ...
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Even the current IMF boss has admitted the IMF didn't really help those countries they were "bailing" out.

With all your academic background, you must be advising the government to PRODUCE and EXPORT its way out of the mess it has created, and not go about borrowing at every opportunity.

You must encourage the government to wage war on GHOST names on its PAY ROLL and you must encourage the government to improve its TAX and REVENUE collections.

You must advise the government on how well to use the oil revenue, so that all citizens will benefit, e.g. use oil money for schools and hospitals and mass transportation, etc., and no, for example, the Failed STX housing programme, the Guinea Fowl and Tree planting projects, which have benefited chronies, only.

Nutty Professor.
LONTO-BOY 10 years ago

I would rather wish President Mahama's Government, focused on the points raised in your commentary than seek an IMF bail-out for the country's ailing economy.

The fact is that the terms and conditions of the IMF bail-out w ...
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I would rather wish President Mahama's Government, focused on the points raised in your commentary than seek an IMF bail-out for the country's ailing economy.

The fact is that the terms and conditions of the IMF bail-out will potentially impose tough conditions to force the Government to cut public expenditure, withdraw all subsidies which will eventually drive up energy and food prices, increase taxation on already burdened vast majority of people in order to increase state revenue. The Government could be forced into privatisation of state assets which could potentially lead to joblessness.

The problem of this NDC Government is incompetence, corruption, waste and profligacy.
Akadu Mensema 10 years ago

Tweaa! These Banza profs

Tweaa! These Banza profs
Merlic, London 10 years ago

Akadu, you should not be saying this. The Prof has a case even though the IMF may not be ideal.

Akadu, you should not be saying this. The Prof has a case even though the IMF may not be ideal.
MOGADISHU 10 years ago

THIS AND OTHER LOUDMOUTHED CIA ASSETS ARE SINGING THEIR MASTERS' VOICE. ROBOCOP INTELLECTUALLS

THIS AND OTHER LOUDMOUTHED CIA ASSETS ARE SINGING THEIR MASTERS' VOICE. ROBOCOP INTELLECTUALLS
Dr Robert Glah 10 years ago

Ignore Prof. Richard Amoako Baah and the Trade Union Congress because what they said was academic and not supported with practical experience, reason and alternatives at the disposal of Ghana.

Indeed, if there are proven a ...
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Ignore Prof. Richard Amoako Baah and the Trade Union Congress because what they said was academic and not supported with practical experience, reason and alternatives at the disposal of Ghana.

Indeed, if there are proven alternatives for Ghana, the IMF would refuse a bail out application for aid, because the Fund is the last resort.

The President had already indicated that he would exorcize the ghosts undermining stability of the economy to avoid the IMF path.

Focus on that alternative.
Fidelis 10 years ago

I fully support Prof. Amoako Baah for his disagreement with the TUC Secretary'S warning. Does Mr. Asamoah think about the good of this nation at all. I think this the man is becoming an enemy to the country and the earlier he ...
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I fully support Prof. Amoako Baah for his disagreement with the TUC Secretary'S warning. Does Mr. Asamoah think about the good of this nation at all. I think this the man is becoming an enemy to the country and the earlier he is demoted the better for the nation. He is not acting in the best interest of the country and he must be told to the face.
Nansei 10 years ago

For lack of knowledge, my people perish in their stupidity. Don't you guys know that IMF and The World Bank are the cause of out fiscal woes today? Ignorant is indeed a serious disease! dummy thinking people! " Wani tua Okram ...
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For lack of knowledge, my people perish in their stupidity. Don't you guys know that IMF and The World Bank are the cause of out fiscal woes today? Ignorant is indeed a serious disease! dummy thinking people! " Wani tua Okraman bini, na wore kohwea ahe" Really? Lord have mercy on porr African, please!
DZATANUU 10 years ago

There are certain steps we can take to avoid anorther embarrasment,for Ghana going Bankrupt.
First Ghanaians must be patient,when it comes to our needs.Ghanaians want some basic necessities ,but are not prepared to pay for ...
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There are certain steps we can take to avoid anorther embarrasment,for Ghana going Bankrupt.
First Ghanaians must be patient,when it comes to our needs.Ghanaians want some basic necessities ,but are not prepared to pay for it.We Must Educate,our people about TAXES,to fund our projects.Second,our educational system.must be overhailed,to meet our needs.Students from H.School,Universities,must ,be trained to come out ready to meet our needs.It does not make sense,for College graduates,to come out of school looking for Government work.Our educational system,must encourage Entrepreneurship.Soft loans must be available for ,young men and women to start their own business,after going trough rigirous,trsining.
We must have along term plan,and explain to GHANAIANS,THAT NOTHING IS FREE.I just celebrated my 72nd B/DAY
Merlic, London 10 years ago

I am NDC and have always voted NDC. However, this is about our country hence our lives. The position of the Secretary General of the TUC is flawed but should not be discounted at its face value. If Mr Asamoah is putting guide ...
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I am NDC and have always voted NDC. However, this is about our country hence our lives. The position of the Secretary General of the TUC is flawed but should not be discounted at its face value. If Mr Asamoah is putting guided pressure on the government so to influence and shape Ghana's economic strategies, then, I agree with him. I say so because the Mahama government has far too long been disappointingly indifferent, slow, sluggish and woefully inept in shaping any settled and consistent fiscal policies for the country. At the moment, the country requires the TUC's ruthless hand to help install discipline and remove wanton waste and/or corruption from our society. Otherwise, I would say that telling the government to increase wages in the face of our crumbling economy whilst limiting its options to access funding is both undesirable and unethical. For that reason, I fully agree with the Prof.
MENSAH 10 years ago

One's reward(pay) is determined by the kind of problem(s),product and services,he chooses to solve(render).
It looks like,many Ghanaians think they deserve,qualify for some things freely.
MONEY DOESN'T GROW ON TREES,THE SAY ...
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One's reward(pay) is determined by the kind of problem(s),product and services,he chooses to solve(render).
It looks like,many Ghanaians think they deserve,qualify for some things freely.
MONEY DOESN'T GROW ON TREES,THE SAY GOES.
One has to labour for,earn it.
THERE ARE LOTS OF BUSINESSES AVAILABLE TO EXPLORE IN GHANA,TO MAKE IT,BUT PEOPLE DO NOT RECOGNIZE THEM.
Foreigners just come there and make it big,out of our ignorance.
THERE ARE SIMPLE THINGS I WILL TEACH WHEN I COME HOME,FROM CANADA.THAT WILL HELP THE YOUTH TO WORK,FOR THEIR DAILY BREAD.
That would not require any big money to start it.
SHIT BOOM HIS OFFICE ON CAMPUS 10 years ago

GHANA YOUTH MUST STAND UP AGAINST SUCH USELESS MEN LIKE THIS PROF. THE STUDENT AT GO ON ALUTA AGAINST THIS PROF FOR ITS THEIR FUTURE THAT THE PROF I TELLING MAHAMA TO SELL!!! SHIT BOOM HIS OFFICE ECT UNTIL GHANAIAN START ...
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GHANA YOUTH MUST STAND UP AGAINST SUCH USELESS MEN LIKE THIS PROF. THE STUDENT AT GO ON ALUTA AGAINST THIS PROF FOR ITS THEIR FUTURE THAT THE PROF I TELLING MAHAMA TO SELL!!! SHIT BOOM HIS OFFICE ECT UNTIL GHANAIAN START DOING THIS THE POLITICAL ELITE THIEVES WILL TAKE US FOR A RIDE!! LOOK AT SADA?
Nansei 10 years ago

What does Prof. Baah know abut economics, finance or the IMF and World bank assistance to Africa? Does he know anything about the structural adjustment programs (SAPs) forced on our neck by the IMF and World Bank which Dr. Kw ...
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What does Prof. Baah know abut economics, finance or the IMF and World bank assistance to Africa? Does he know anything about the structural adjustment programs (SAPs) forced on our neck by the IMF and World Bank which Dr. Kwasi Botwey under the PNDC regime implemented? Did it help us? Look, IMF and World policies are the number cause of our economic crunch! Only fools will turn to them for help. Stop the massive looting of the state's coffers and the unprecedented corruption and utilize the resources that you have. African leaders are such have such a dummy brains that I can't imagine what to say anymore. Listen to a whole Prof talking nonsense as if he has no brains! Africa is just a joke.Thanks.
Wofa Koo 10 years ago

Kofi Asamoah have a very concrete advise for the president and Ghana`s next generation. Prof. Baah need to find time to visit Kofi Asamoah for more solid elaborations.

IMF is a giant killer for most especially, 3rd world c ...
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Kofi Asamoah have a very concrete advise for the president and Ghana`s next generation. Prof. Baah need to find time to visit Kofi Asamoah for more solid elaborations.

IMF is a giant killer for most especially, 3rd world countries. Mahama must be wary with any deal with them. It`s so sad Ghana (one time African Giant)has being mismanaged and dropped into such state.
Whatever 10 years ago

What has financial loans from the IMF and World Bank done for us in the last 3 decades? The conditions and the effect-reach on our lives has been terrible, terrible exceedingly. Imposition of general hardships, dependency, m ...
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What has financial loans from the IMF and World Bank done for us in the last 3 decades? The conditions and the effect-reach on our lives has been terrible, terrible exceedingly. Imposition of general hardships, dependency, misery, official corruption and laziness, capital flight, neglect of social sector, surrendering of natural resources. Its a tragedy
African Tiger 10 years ago

Yeah western educated fools like this professor are very stupid. When did the IMF ever help any country? Even in Europe thye don't want to deal with the IMF. The BRICS countries want to set up an alternative to the IMF. Weste ...
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Yeah western educated fools like this professor are very stupid. When did the IMF ever help any country? Even in Europe thye don't want to deal with the IMF. The BRICS countries want to set up an alternative to the IMF. Western Educated African fools. I now prefer the village educated folks who manage their farms and businesses than these educated idiots who are the elite in Ghana now.
Kplamasi 10 years ago

its brainless people like this passing themselves of as intellectuals in our country that is why the country is like this.

its brainless people like this passing themselves of as intellectuals in our country that is why the country is like this.
Lord Tennison 10 years ago

John Mahama MUST resign now!!!

John Mahama MUST resign now!!!
MENSAH 10 years ago

Why did KUFUOR go for the BAILOUT FROM THE IMF?
Because JJ RAWLING BLEW IT.

WHY WOULD NDC GO FOR THE BAILOUT?
BECAUSE MAHAMA HAS BLOWN IT,WITH ALL THE NECESSARY AND REQUIRED TOOLS NEEDED TO HAVE SUCCEEDED,AT HIS DISPOSAL ...
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Why did KUFUOR go for the BAILOUT FROM THE IMF?
Because JJ RAWLING BLEW IT.

WHY WOULD NDC GO FOR THE BAILOUT?
BECAUSE MAHAMA HAS BLOWN IT,WITH ALL THE NECESSARY AND REQUIRED TOOLS NEEDED TO HAVE SUCCEEDED,AT HIS DISPOSAL.
Therefore,both the (P)NDC & NDC do not have the acumen in doing business for any gains,for GHANA.
SO DO WE HAVE TO ALWAYS START AGAIN,AFTER NPP HAS STRAIGHTENED THE WAY WE SHOULD TREAD ON?
Have this NDC GOVERNMENT,taken any inventory on what they do,before starting a new one?
DO THEY HAVE ANY ECONOMIC TEAM?
I can hardly believe what is happening to our economy,in the phase of the oil reserve we have and the technical know-how as well.
NDC,A LIABILITY,INSTEAD OF AN ASSET.
nanaabro 10 years ago

Prof, where were you when the President and MP'S pay were increased? why are they given free cars, suv's , drivers, petro, housing etc.? Why a country of about 26milion we have almost 280 mp's and over 90 ministers? Prof,we w ...
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Prof, where were you when the President and MP'S pay were increased? why are they given free cars, suv's , drivers, petro, housing etc.? Why a country of about 26milion we have almost 280 mp's and over 90 ministers? Prof,we will be happy if you can answer this questions to our satisfaction, then will talk about the TUC's issue. but until then, please keep quiet.

Ignore TUC’s caution against IMF bailout – Prof. Baah

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