Tell Ghanaians the positive aspects of loans - Bagbin to NPP

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Kofi, USA 8 years ago

THIS IS AN EXCELLENCY ACHIEVEMENT

THIS IS AN EXCELLENCY ACHIEVEMENT
Jato Julor (J.J.) Rawlings 8 years ago

Has he heard of bad loans before ?

This incestuous rapist of a MP, who has impregnated all female members of his wife's family with the exception of the mother-in-law seems to be suffering from bird-flu.

What sense does ...
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Has he heard of bad loans before ?

This incestuous rapist of a MP, who has impregnated all female members of his wife's family with the exception of the mother-in-law seems to be suffering from bird-flu.

What sense does it make for the Mahama govt to contract loans(to be paid later with interest) to buy sanitary pads for NDC schoolchildren ?
Mahmoud 8 years ago

It's not the duty of the opposition to praise the government's failures, in fact, it is their duty expose them to the government and to Ghanaians so that the government could reverse and do the right thing.

It's not the duty of the opposition to praise the government's failures, in fact, it is their duty expose them to the government and to Ghanaians so that the government could reverse and do the right thing.
Kojo 8 years ago

These MPs are just ignorant and cruel. Where is the development that previous loans (Eurobond) have brought? Taking loans is slavery. You work for your creditors.

These MPs are just ignorant and cruel. Where is the development that previous loans (Eurobond) have brought? Taking loans is slavery. You work for your creditors.
nana 8 years ago

MPs and ministers take loans they know we cannot pay, they tax hard working ghanaians to pay for it. The rich will get richer so far as the poor is led by evil non thinking lazy arses.

MPs and ministers take loans they know we cannot pay, they tax hard working ghanaians to pay for it. The rich will get richer so far as the poor is led by evil non thinking lazy arses.
sam 8 years ago

everything you say is 100% truth

everything you say is 100% truth
Jumbo 8 years ago

The government´s economic Team must be up and doing in explaining the positive aspects of"good loans".Loans are sometmes a necessary evil.Some Major infrastructural projets connot simply get off groud without loans.Mention c ...
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The government´s economic Team must be up and doing in explaining the positive aspects of"good loans".Loans are sometmes a necessary evil.Some Major infrastructural projets connot simply get off groud without loans.Mention can be made of Bui dam which is adding about 400 megawatts of power to the national grid with loans acquired from the Chinese Exim Bank.

Down the Memory lanes,Akosombo dam was constructed through the magnanimity of Kaiser alumina with the Support of their shareholders from Export-Import Bank of Waschinton DC and Ghana government.According to Kains rule of Multiplier effect,the benefit from the two cited examples and many more,are huge by way of derivative companies,housing,education,hospitals and Agricalture.

Further more,we are cognizant of the fact that some loans have been contracted to Service the oil and gas infrastructure.The Problem is not about the loans but not Meeting the construction Deadlines of These mega Projects thereby leading to lose Revenue.

The way Forward is to surcharge any economic fallout from such an undue delay in the construction of These Projects.God help mother Ghana.

In conclution,imagine what would have happened to Ghana without Akosombo and Bui dams which were constructed with Loans.
Abeeku Mensah 8 years ago

If you have proof, willing to stand on principles and with love for country you should file rape charges against the MP; adulterous affairs does not constitute rape neither did the constitution of Ghana require a moral clause ...
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If you have proof, willing to stand on principles and with love for country you should file rape charges against the MP; adulterous affairs does not constitute rape neither did the constitution of Ghana require a moral clause based on innuendo by zealots. Loans are bad for everyone because it proves borrowers do not live within their means; Ghana never did and so is every nation on earth. The only difference between loans obtained by Ghana's government and other governments is Ghana's requests are not based on national need but on the need for ruling parties to ensure its management never have to work to make honest living after leaving office while the nation is held in servitude for a lifetime.
Kweku 8 years ago

MPs lamenting about the government's addiction to loans are trying to say, that we in Ghana don't see much good about additional loans if previous ones have not been accounted for in the sense of positive change the lives of ...
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MPs lamenting about the government's addiction to loans are trying to say, that we in Ghana don't see much good about additional loans if previous ones have not been accounted for in the sense of positive change the lives of the people.

Many countries take loans but afterwards see evidences of real change in the live of the people. We need to feel it not only in figures (89bn) but in meaningful improvements because in the end if those loans do not improve the people to be capable to pay back with some of the benefits we gain, then what was the point of going for it, just to entrench poverty? For God sakes!

Again, there have still not been light at the end of tunnel that generations after current leadership could benefits from loans and be transformed to be lenders instead. The overall point is that many successful countries prioritise and borrow their way into economically viable sectors of their economies to empower the people to be resourceful to an appreciable level of productivity that could pay back with excesses of gains. But, in Ghana's case we don't take loans into areas that could let next generations become lenders other than continuing in poor.

We don't take measures that break govt institutions, discourage private sector growth, breed corruption, etc. then borrow our way on top of it thinking loans would bring magic solutions. From history if former leaders had invested loans viably, present leaders could have been LENDERS just as China and others have done. Mr Bagbin should better encourage legislations that speak of benefits of lending not borrowing, bad leadership!
Jasmine 8 years ago

There is NO, absolutely no positive side of loans in Ghana since they are never well managed; worse, the loans always ended in individual pockets. The little left is hardly effective for anything.
And we still need to pay l ...
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There is NO, absolutely no positive side of loans in Ghana since they are never well managed; worse, the loans always ended in individual pockets. The little left is hardly effective for anything.
And we still need to pay later! Ask the John Agyekum "the thief" Diawuo Kufuor.
ed 8 years ago

you cant borrow yourself to riches Mr. bagbin ,loans must be paid off with intersect [rate of return to the lender ]and Ghana people don't want mortgage our children life's for your stupid spending spree that originate ...
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you cant borrow yourself to riches Mr. bagbin ,loans must be paid off with intersect [rate of return to the lender ]and Ghana people don't want mortgage our children life's for your stupid spending spree that originate from useless loans
PRINZY@BONN-Germany 8 years ago

Hon. Bagbin is telling us, every good thing that has happened to the country was done by loan. Oh motherghana we live in an era the conutry luck generational leaders. The natural resources god gave us has bcom lik a cake in a ...
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Hon. Bagbin is telling us, every good thing that has happened to the country was done by loan. Oh motherghana we live in an era the conutry luck generational leaders. The natural resources god gave us has bcom lik a cake in a goat hands. So can't we generate somtin by ourselves?
Zoobe-Zoobe 8 years ago

inward looking and parochial

inward looking and parochial
Zoobe-Zoobe 8 years ago

can you account for the 89 billion dollars?

can you account for the 89 billion dollars?
Dansu 8 years ago

89 billion dollars for were

89 billion dollars for were
Pelicles 8 years ago

Going for loans with attached "austerity measures" are bad. Bad in the sense that the dictates that comes with it destroy our economy.

If our leaders are that good with commonsense, they can lead the crusade by helping us ...
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Going for loans with attached "austerity measures" are bad. Bad in the sense that the dictates that comes with it destroy our economy.

If our leaders are that good with commonsense, they can lead the crusade by helping us "cut our coat according to our size".

Do we need loans? I will say no. Do not get me wrong because that is my opinion. look at our government. It is too big. Reduction is needed. We can save some money. A small nation like Ghana doesn't need that number of parliamentarians. Even the number of soldiers that we employ is too huge. What about our civil servants? Too many on government payroll. Making drastic cuts on the above can save us millions that can be channeled towards some development.

Due to partisan politics, we fear to tackle the bull by the horn fearing it may gore us to death. Also, if we design a good tax policy, we can generate enough revenue. How many millions go waste or into private pockets at the ports?

Mahama said that Ghana loses One hundred million dollars at the ports every months. Hello! Are we that stupid to let such huge sums money go waste or into private pockets then go and knock someone's door looking for loans with interest? Come on folks? Where is our commonsense?
LOANS. 8 years ago

It is a great PITY that a country with all that, Gold, Diamonds, Oil and all that, have such stupid politicians,thieves,runing the affairs of this country. What have you done with all the Loans you have been contracting? The ...
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It is a great PITY that a country with all that, Gold, Diamonds, Oil and all that, have such stupid politicians,thieves,runing the affairs of this country. What have you done with all the Loans you have been contracting? The ONLY thing you stupid fools know is LOANS,LOANS.You are just contracting LOANS which eventually vanish into your private accounts.Develope your own country from your own resources.Everything is LOANS, Loans, IDIOTS.
Oh Ghana ! 8 years ago

It is a well known fact that when you spend your own hard earned money, you usually spend it well. You make sure every pesewa works well for you. Not so when it concerns loans! Loans are 100% of the time mis-managed in Ghana. ...
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It is a well known fact that when you spend your own hard earned money, you usually spend it well. You make sure every pesewa works well for you. Not so when it concerns loans! Loans are 100% of the time mis-managed in Ghana. Always very little to show for the colossal amounts borrowed. You can always find somewhere to borrow more if needed and pass the sometimes heavy cost of borrowing and repayments to the next government and the next generation of poor Ghanaians and walk away!
Awuni 8 years ago

Ghanaians are so fools that we don't know the negative effect of Loans. Loans Loans Loans what have archived. Government collect Loan and order Machine and give it to Cronies free of charge

Ghanaians are so fools that we don't know the negative effect of Loans. Loans Loans Loans what have archived. Government collect Loan and order Machine and give it to Cronies free of charge
odensi 8 years ago

U are able to say Kutu was able to get a loan for the Bamboi bridge. Ya that's a great sign .What sign have ur loans show. Just to get a loan for the backing of our cedis for the appreciation? Stop selling our nation to put o ...
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U are able to say Kutu was able to get a loan for the Bamboi bridge. Ya that's a great sign .What sign have ur loans show. Just to get a loan for the backing of our cedis for the appreciation? Stop selling our nation to put our children's children into hardship.Start thinking of savings for the nation and future generations.Those whom we are seeking the loans are saving for the future generations. We can do this by using our resource reasonably well as them and stop the borrowing
abena-kwabena 8 years ago

There is nothing positive about securing loans. We must learn to manage our resources well, there are some things we must learn to do it our selves. What is the role of the military, can't they build bridges and roads?

There is nothing positive about securing loans. We must learn to manage our resources well, there are some things we must learn to do it our selves. What is the role of the military, can't they build bridges and roads?
Ebibiman 8 years ago

Tell ur mother Bagbin.
Cheers

Tell ur mother Bagbin.
Cheers
SAMITU ROSE 8 years ago

THE MORE U TAKE LOANS AND MISUSE THEM, THE MORE U IMPOVERISH UR PEOPLE UP NORTH AND AND IN THE VOLTA REGION WHO ARE ALREADY SO DESPERATELY POOR AND HAVE BECOME THE DRAWERS OF WATER AND HEWERS OF WOOD IN GHANA SO THINK DEEP AN ...
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THE MORE U TAKE LOANS AND MISUSE THEM, THE MORE U IMPOVERISH UR PEOPLE UP NORTH AND AND IN THE VOLTA REGION WHO ARE ALREADY SO DESPERATELY POOR AND HAVE BECOME THE DRAWERS OF WATER AND HEWERS OF WOOD IN GHANA SO THINK DEEP AND TELL UR NDC TO STOP THEIR THIEVERY AND DESTRUCTION OF GHANA
De 8 years ago

What benefits accrue from loans that aren't used for the intended purposes for which they acquired? What positive aspects of unaccounted for loans should one be proud of? Parliament seems to be doing " a good job" by approvin ...
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What benefits accrue from loans that aren't used for the intended purposes for which they acquired? What positive aspects of unaccounted for loans should one be proud of? Parliament seems to be doing " a good job" by approving several loans every year for projects in the fiscal year but only waits after two or three years after such approvals to hold the Executive to account through the sitting over the Auditor-General's report. Could Parliament be up and doing with the same enthusiasm in loans approval through regular visits to projects for which loans were okayed to ensure value for money. So much has been borrowed with little to show. Anytime loans are approved the next thing they do is get new vehicles.
Togbe 8 years ago

Loan may not be bad. The issue is tthe judicious uses of the money. Pen robber politicians, save your needless stories. God will judge us all.

Loan may not be bad. The issue is tthe judicious uses of the money. Pen robber politicians, save your needless stories. God will judge us all.
Bugri. Naabu 8 years ago

The criminal Kufour took a loan from a babering saloon and shared it among his cronies.The stupid foolish criminal Ghana has ever known. Npp should give us a break. For so many years, and for the eight good years that the Kuf ...
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The criminal Kufour took a loan from a babering saloon and shared it among his cronies.The stupid foolish criminal Ghana has ever known. Npp should give us a break. For so many years, and for the eight good years that the Kufour led tribal npp was in power, not a drop of water pass through the tabs in Adenta.Can the npp tell Ghanaians how President Mahama did that? Stupid useless primitive group.
Osaberima Nana Kwame Atta iii 8 years ago

Thant u my brother come to Kyebi we have a good drinking water here. Thants to JDM

Thant u my brother come to Kyebi we have a good drinking water here. Thants to JDM
Osei Bonsu 8 years ago

Yes Ashante Mampong we also have GOOD DRINKING WATER here. JDM all the way to 2021.

Yes Ashante Mampong we also have GOOD DRINKING WATER here. JDM all the way to 2021.
Nii 8 years ago

u are right my brother come to Nungua we have a good drinking water here. Thants to JDM

u are right my brother come to Nungua we have a good drinking water here. Thants to JDM
YB 8 years ago

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Loway 8 years ago

You can finance your own

You can finance your own
Aikins 8 years ago

Another stupid fool calling himself a ghanaian , now he has found his voice again and mahama is not corrupt again because he is getting his share of the corruption. I know one day God will listen to our prayers,

Another stupid fool calling himself a ghanaian , now he has found his voice again and mahama is not corrupt again because he is getting his share of the corruption. I know one day God will listen to our prayers,
GBEWAA 8 years ago

NO WONDER MOST OF GHANA'S "LEADERS" ARE USELESS AND IRRESPONSIBLE.

ONLY A FOOL WOULD SAY LOANS HAVE POSITIVE ASPECTS.

GHANA GOVERNMENT OFFICIALS HAVE BEEN CONTRACTING ALL KINDS OF LOANS LEFT RIGHT AND CENTRE FROM TIME I ...
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NO WONDER MOST OF GHANA'S "LEADERS" ARE USELESS AND IRRESPONSIBLE.

ONLY A FOOL WOULD SAY LOANS HAVE POSITIVE ASPECTS.

GHANA GOVERNMENT OFFICIALS HAVE BEEN CONTRACTING ALL KINDS OF LOANS LEFT RIGHT AND CENTRE FROM TIME IMMEMORIAL.

WHERE HAVE ALL THOSE LOANS TAKEN OUR ECONOMY, AND THE ECONOMY OF GHANAIAN CHILDREN YET UNBORN?

THERE'S NO SENSE IN BRAGGING ABOUT GHANA ACHIEVING HIPIC STATUS AND HAVING BAD CREDIT RATINGS OR BEGGING THE IMF AND OTHERS TO FORGIVE OUR LOANS.

NO WONDER CHINA PLAINLY REJECTED GHANA'S APPLICATION TO THEM FOR MORE LOANS.

GHANA DOESN'T EVEN HAVE A SOVEREIGN WEALTH FUND.

BAGBIN SHOULD GO AROUND CONTRACTING PERSONAL LOANS LIKE A DUMMY, AND HE PLUS HIS RELATIVES YET UNBORN WILL LIVE TO TELL THE TALE.

BADGBIN IS USELESS!!
attu zongo 8 years ago

mr bagbin, the loans only benefit ndc members bcos they are chasing the wind by stealing gangartuanly any small thing they find. just ask your ndc mps that why are they building so much fuel stations on the Ho - Aflao highway ...
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mr bagbin, the loans only benefit ndc members bcos they are chasing the wind by stealing gangartuanly any small thing they find. just ask your ndc mps that why are they building so much fuel stations on the Ho - Aflao highway no very well that there are no vehicles there to buy, ndc is very wicked so therefore 2016 is good bye for them . stealers in power. NPP will win 77% hands down to jail some of you people including president friends and family. okay. stealers in power. NPPPPP all the way.
A concerned citizen 8 years ago

FOH!! What y'all done with the loans? Further enlarge your bellies. Benefits? Nigga please! We ain't seen nothing!

FOH!! What y'all done with the loans? Further enlarge your bellies. Benefits? Nigga please! We ain't seen nothing!
Sam 8 years ago

wat is it bagbin? mention dem.

wat is it bagbin? mention dem.
Galbose 8 years ago

kuffour expanded good drinking water up north bur de people did not vote for npp.built them a world class stadium but that did not move them to vote for npp.u see how politics is?

kuffour expanded good drinking water up north bur de people did not vote for npp.built them a world class stadium but that did not move them to vote for npp.u see how politics is?
Kirk Douglas, Alabama, USA 8 years ago

This Bagbin is crazy, does borrowing have positive effect on economy? What is the ndc doing with the oil money.

This Bagbin is crazy, does borrowing have positive effect on economy? What is the ndc doing with the oil money.
Asamoah-Baffour 8 years ago

Domestic sources of revenue are more reliable and better help develop an economy. Look at Greece and learn a lesson.

Domestic sources of revenue are more reliable and better help develop an economy. Look at Greece and learn a lesson.
kofi 8 years ago

Tell where and we will go for it. They are just not available domestically

Tell where and we will go for it. They are just not available domestically
Jiggy 8 years ago

Whether he is a rapist or not, you that foolish little Inn can't achieve even a quarter of his. In our culture marrying a sister in law is not a crime. Get it you Idiot sorry to say

Whether he is a rapist or not, you that foolish little Inn can't achieve even a quarter of his. In our culture marrying a sister in law is not a crime. Get it you Idiot sorry to say
Dr. William Acquah 8 years ago

Let us cut our coats according to our cloths!

Let us cut our coats according to our cloths!
agyata 8 years ago

OH MY GOD! PONTOON not PLATEAU.
Don't you have proofreaders?

OH MY GOD! PONTOON not PLATEAU.
Don't you have proofreaders?

Tell Ghanaians the positive aspects of loans - Bagbin to NPP

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