BoG bemoans businesses’ over-reliance on loans

Read Comments Comments (9)

• lankwei 8 years ago

  And at what coupon rates? Who is going to buy Bonds that yield less than T-Bills?
  There are risks involved in buying bonds. Chances are they will become JUNK Bonds.
  
  This is NOT a viable solution!

  And at what coupon rates? Who is going to buy Bonds that yield less than T-Bills?
  There are risks involved in buying bonds. Chances are they will become JUNK Bonds.
  
  This is NOT a viable solution!

  reply
• Inusah Buipe 8 years ago

  I am disappointed by the remarks of Deputy Governor Millson Narh on the over reliance of business on loans. It clearly explains why we are in this current economic mess . We have technocrats who don't understand the challenge ...
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  I am disappointed by the remarks of Deputy Governor Millson Narh on the over reliance of business on loans. It clearly explains why we are in this current economic mess . We have technocrats who don't understand the challenges the business community is facing. High inflation and unstable currency will obviously impact negatively on the turnover of most businesses.
  In any case, Has Ghana as a corporate entity not been borrowing every year to the extent that we went HIPIC ? Can Millson Narh give us one single year that this nation has not gone to the international market to borrow ? Or is Mr Deputy Governor trying to hold the businesses responsible for Govt Borrowing?

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• daladam 8 years ago

  NO BUSNISS CAN EXIST AND SHOW BIG PROFIT WITHOUT LEVRAGE AKA AS BORROWING, THE GOVT OF GHANA BARROWS EVERY DAY FROM EVERY SOURCE THEY CAN GET MONEY SO WHY IS IT THAT BUSNISS
  CANNOT BARROW TO GROW THEIR OPERATIONS?THIS BOG ...
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  NO BUSNISS CAN EXIST AND SHOW BIG PROFIT WITHOUT LEVRAGE AKA AS BORROWING, THE GOVT OF GHANA BARROWS EVERY DAY FROM EVERY SOURCE THEY CAN GET MONEY SO WHY IS IT THAT BUSNISS
  CANNOT BARROW TO GROW THEIR OPERATIONS?THIS BOG MAN IS DUBBLE TALKING BULL-SHIT CRAP NOW PLEASE DONT MIND HIM

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• SHAKA 8 years ago

  STOP THE FREE FALL OF THE CEDI AND SAVE THE ECONOMY. BANK OF GHANA IS A DISGRACE.

  STOP THE FREE FALL OF THE CEDI AND SAVE THE ECONOMY. BANK OF GHANA IS A DISGRACE.

  reply
• mensa 8 years ago

  BOG IS PART OF GHANA PROBLEM

  BOG IS PART OF GHANA PROBLEM

  reply
• mr amin 8 years ago

  Stupid BoG u allow the cedi to fall n are now talking shit. The SC should deal with u in the judgement of the cedi suit. BoG fools in control.

  Stupid BoG u allow the cedi to fall n are now talking shit. The SC should deal with u in the judgement of the cedi suit. BoG fools in control.

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• Kwesi Appea 8 years ago

  Is this a whole Deputy Governor talking like this? In the western world all the firms and private sector industries depends on loans. the problem in Ghana is the high inability to pay loans back.

  Is this a whole Deputy Governor talking like this? In the western world all the firms and private sector industries depends on loans. the problem in Ghana is the high inability to pay loans back.

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• SMILES 8 years ago

  HE THINKS THAT THE DEMAND AND SUPPLY THING IN ECONOMICS 101 IS APPLICABLE HERE. HE FORGETS "ALL THINGS BEING EQUAL." IN MY HUMBLE OPINION, IT IS AS. RESULT OF SPENDING WITHOUT PRODUCTIVITY. FOR EXAMPLE, IF YOU BORROW FOR A ...
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  HE THINKS THAT THE DEMAND AND SUPPLY THING IN ECONOMICS 101 IS APPLICABLE HERE. HE FORGETS "ALL THINGS BEING EQUAL." IN MY HUMBLE OPINION, IT IS AS. RESULT OF SPENDING WITHOUT PRODUCTIVITY. FOR EXAMPLE, IF YOU BORROW FOR A PARTY, YOU HAVE TO BORROW SOME MORE....SO ON AND SO ON.

  reply
• Obrefo 8 years ago

  It's the incompetence of our leaders and the excessive borrowing by this incompetent and criminal administration which is causing our economic problems and higher interest rates. You've the audacity to lie to us. We're not as ...
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  It's the incompetence of our leaders and the excessive borrowing by this incompetent and criminal administration which is causing our economic problems and higher interest rates. You've the audacity to lie to us. We're not as gullible as you think.

  reply