DR. BAWUMIA ON NDC: ----
“You inherited an economy with the highest resources in the history of Ghana. Tax resources, four times higher than the NPP; Cocoa, three times higher; Gold, three times higher; you have borrowed ... read full comment
DR. BAWUMIA ON NDC: ----
“You inherited an economy with the highest resources in the history of Ghana. Tax resources, four times higher than the NPP; Cocoa, three times higher; Gold, three times higher; you have borrowed more than all the governments put together and still we can’t feel a better economy, then you have failed. Mahama deserves F in economic management,” Bawumia asserted.
Speaking in an interview with Nsempawura on a Koforidua-based Eastern FM, the former Deputy Governor said for instance, the NDC government inherited a total debt of GHC 9.5 billion in 2009 and has increased it to GHC 90 billion within six years.
By the end of the year, Ghana’s debt will hit about US$ 40 billion looking at the current borrowing trend, he predicted.
With the sum of US$ 40 billion, he said, a good management team will allocate just US$ 2 billion to each region for development but the contrary is happening under the NDC government.
In economic management, every government with such an amount of money should be able to pay nurses, teachers, doctors, NHIS, and take care of all the social intervention programmes in Ghana, Dr. Bawumia analysed.
According to Dr. Mahamudu Bawumia, President Mahama and the NDC government can best be described as a “toxic mixture of incompetent and corruption which has exploded into ‘Wahala’ and Suffering”.
He feared for the future of the Ghanaian youth under the NDC administration, and challenged the youth to join the NPP to recapture power from the NDC in the 2016 General elections.
bigbrosam 8 years ago
The central bank needs loan from IMF for what,?
The central bank needs loan from IMF for what,?
SIMON 8 years ago
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Danso 8 years ago
It seems to all reasonable people that it is rather you who is not playing with a full deck. perhaps you can try and understand the above.
It seems to all reasonable people that it is rather you who is not playing with a full deck. perhaps you can try and understand the above.
Danso 8 years ago
This comment is in response to comment from dunce "Boss".
This comment is in response to comment from dunce "Boss".
BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 8 years ago
Nana Binaddo Buhari isn't a problem to only the Ashanti/ Akyem tribal Npp party, but for Ghana as whole. When President Mahama busily fixing our economy and putting plans to put an end to our power crisis, Nana Binaddo roamin ... read full comment
Nana Binaddo Buhari isn't a problem to only the Ashanti/ Akyem tribal Npp party, but for Ghana as whole. When President Mahama busily fixing our economy and putting plans to put an end to our power crisis, Nana Binaddo roaming in Volta Region ,telling them he Nana Binaddo is too old to steal Ghana''s money. When President Mahama busily commissioning completed projects and cutting sods to start a new ones, Nana Binaddo is hiding in his Nima flag staff house selecting who he should work with and who he shouldn't, when President Mahama is busily fighting corruption, Nana Binaddo is protecting the corrupt official inside his Npp party who has stolen $5.million and asking and pleading with his Npp folks not to go and discuss the matter in the Media , what Nana Binaddo and his Npp hiding from Ghanaians? The fact of the matter is that, he Nana Binaddo is NOT a leader and for that matter cannot lead Ghana, he is a very low energy person who only wanted to be worship by his gullible followers. He should forget 2016 period.
truthbetold 8 years ago
NDC and their diversionary tactics... I didn't know "Nana Binaddo Buhari" was the president of Ghana. Please address the issue and stop your jaundiced approach to matters on deck.
Its actually obtuse and infantile, how you ... read full comment
NDC and their diversionary tactics... I didn't know "Nana Binaddo Buhari" was the president of Ghana. Please address the issue and stop your jaundiced approach to matters on deck.
Its actually obtuse and infantile, how you advance your arguments,unsubstantiated as they are to claim in your brief thievery. Who has watched on as SADA,GYEEDA, WOYOME etc have depleted our hard-earned monies. Posterity will be the best judge, just hang-in there and behave as the proverbial ostrich.
Maame Abena 8 years ago
The NDC has just return Ghana to HIPC.
The NDC ministers do not read the fine prints of agreements.
How can they borrow almost 1billion from IMF for Ghana and not seek the parliament of Ghana's approval?
The NDC has just return Ghana to HIPC.
The NDC ministers do not read the fine prints of agreements.
How can they borrow almost 1billion from IMF for Ghana and not seek the parliament of Ghana's approval?
Mallam Tula. 8 years ago
Massa; This Ato Forson guy is a complete fraudester and like Oduro -Barton and Betty Mould are first class purveyors of fraud on all Ghanaians ;it is a shame that such a young man with great future in front of him has subdued ... read full comment
Massa; This Ato Forson guy is a complete fraudester and like Oduro -Barton and Betty Mould are first class purveyors of fraud on all Ghanaians ;it is a shame that such a young man with great future in front of him has subdued himself to these fraudulent activities because the IMF SDR drawings is a complete fraud on Ghanaians and like the judges oneday At Forson will come realise that allying himself to stealing and telling lies to Ghanaians does not pay .
WAA LOOK 8 years ago
Just look at them, a bunch of serious thieves exploiting the ignorant masses and stealing so very much that they create more kayayeis and trokosis..... ide biiiii keke thieves ide biiiii keke thieves ide biiiii keke thieves i ... read full comment
Just look at them, a bunch of serious thieves exploiting the ignorant masses and stealing so very much that they create more kayayeis and trokosis..... ide biiiii keke thieves ide biiiii keke thieves ide biiiii keke thieves ide
kakabo 8 years ago
Since when did the central bank start borrowing for the government. Tweaa. and yet he calls himself a deputy minister of Finance.
Since when did the central bank start borrowing for the government. Tweaa. and yet he calls himself a deputy minister of Finance.
Pelicles 8 years ago
I have been saying that truants don't rule because they do not understand the intricacies of government. Imagine this Ato Forson guy and his mindset. They lack commonsense and simple understanding. What is the role of a ce ... read full comment
I have been saying that truants don't rule because they do not understand the intricacies of government. Imagine this Ato Forson guy and his mindset. They lack commonsense and simple understanding. What is the role of a central bank and how can the CB borrow on behalf of the government by bypassing Parliament?
These little things always confuses NDC hence, our current predicament.
Joe Turkey 8 years ago
Since when has the BOG, by itself, contracted any loans - internal or external to our borders? Ignorant buffoons.
Since when has the BOG, by itself, contracted any loans - internal or external to our borders? Ignorant buffoons.
Teehee 8 years ago
Isnt there a price in Ghana to pay for such stupid and gargantuan lies by the Deputy Minister? And they call themselves Honourable, Honourable my foot, schmuck!
Isnt there a price in Ghana to pay for such stupid and gargantuan lies by the Deputy Minister? And they call themselves Honourable, Honourable my foot, schmuck!
Nana 8 years ago
Thank you, Honourable Kyei-Mensah for once again highlighting this thievery by NDC government for its appendages. HEAVEN KNOWS HOW MANY SUCH LOANS HAVE BEEN CONTRACTED, ON THE BLIND SIDE OF PARLIAMENT AND THE REST OF GHANAIAN ... read full comment
Thank you, Honourable Kyei-Mensah for once again highlighting this thievery by NDC government for its appendages. HEAVEN KNOWS HOW MANY SUCH LOANS HAVE BEEN CONTRACTED, ON THE BLIND SIDE OF PARLIAMENT AND THE REST OF GHANAIANS, INTO THEIR POCKETS!!
With all those MORONS or simpletons in our Parliament, you may not get the necessary support to stop the NDC majority rubber-stamping such thieving schemes any way, but at least it exposes to us citizens the OFFICIAL fraud and thievery being constantly perpetuated by these "HONOURABLE" and "EXCELLENCY" crooks. Ghana has now become worse than HIPIC because of such DELIBERATE fraudulent acts by our "LEADERS".
Dr Robert K Glah 8 years ago
Forson was wrong and the minority was wrong. Argument of the minority cannot hold water in any event.
Forson was wrong and the minority was wrong. Argument of the minority cannot hold water in any event.
Nokware_ Asa 8 years ago
Because this 'useless talkative' and 'career MP' for Suame, has always been too eager to score cheap political points, rather than give serious consideration to many of these very important national issues, and then offer bet ... read full comment
Because this 'useless talkative' and 'career MP' for Suame, has always been too eager to score cheap political points, rather than give serious consideration to many of these very important national issues, and then offer better solutions/ prescriptions that will help our nation move forward.
I can`t wait to hear about all the 'good stuff' Anas and his team, have has picked up on many of these 'noise-makers'.
asare gabriel 8 years ago
i agree with the minority Mr Ato Forson should stop what he is saying
i agree with the minority Mr Ato Forson should stop what he is saying
Prekese- London 8 years ago
The managers of BoG should be made to account for the money because they took the money for themselves and not on behalf of Ghana because Ghanaians did not agree on it
The managers of BoG should be made to account for the money because they took the money for themselves and not on behalf of Ghana because Ghanaians did not agree on it
Nagyei Serebour 8 years ago
npp is always sabotaging the government policies and programmes. this is very wrong and unfair to ghanaians. all the the npp does is either to organize boycott,sabotage or speak evil of everything. why? evil men and women are ... read full comment
npp is always sabotaging the government policies and programmes. this is very wrong and unfair to ghanaians. all the the npp does is either to organize boycott,sabotage or speak evil of everything. why? evil men and women are ashamed.
Nkwantabisa, Italy. 8 years ago
Eye awerehosem,asembeba dabi.
Eye awerehosem,asembeba dabi.
Kwamina Kwabina 8 years ago
Mr. Minister, how could a central bank of a country go for imf loan. It's a country that goes for an imf loan. Did have two sets of documentation with a central bank of Ghana with inf and another documentation with Ghana and ... read full comment
Mr. Minister, how could a central bank of a country go for imf loan. It's a country that goes for an imf loan. Did have two sets of documentation with a central bank of Ghana with inf and another documentation with Ghana and imf. This government of NDC knows what the law of the land is but don't work within the law. Is all about short cuts and corruption
Go away you stupid npp man, gay man
DR. BAWUMIA ON NDC: ----
“You inherited an economy with the highest resources in the history of Ghana. Tax resources, four times higher than the NPP; Cocoa, three times higher; Gold, three times higher; you have borrowed ...
read full comment
The central bank needs loan from IMF for what,?
Learn how to change $18 to over $300,000 in less than 12 months. contact us via wassup only on +233547489948
It seems to all reasonable people that it is rather you who is not playing with a full deck. perhaps you can try and understand the above.
This comment is in response to comment from dunce "Boss".
Nana Binaddo Buhari isn't a problem to only the Ashanti/ Akyem tribal Npp party, but for Ghana as whole. When President Mahama busily fixing our economy and putting plans to put an end to our power crisis, Nana Binaddo roamin ...
read full comment
NDC and their diversionary tactics... I didn't know "Nana Binaddo Buhari" was the president of Ghana. Please address the issue and stop your jaundiced approach to matters on deck.
Its actually obtuse and infantile, how you ...
read full comment
The NDC has just return Ghana to HIPC.
The NDC ministers do not read the fine prints of agreements.
How can they borrow almost 1billion from IMF for Ghana and not seek the parliament of Ghana's approval?
Massa; This Ato Forson guy is a complete fraudester and like Oduro -Barton and Betty Mould are first class purveyors of fraud on all Ghanaians ;it is a shame that such a young man with great future in front of him has subdued ...
read full comment
Just look at them, a bunch of serious thieves exploiting the ignorant masses and stealing so very much that they create more kayayeis and trokosis..... ide biiiii keke thieves ide biiiii keke thieves ide biiiii keke thieves i ...
read full comment
Since when did the central bank start borrowing for the government. Tweaa. and yet he calls himself a deputy minister of Finance.
I have been saying that truants don't rule because they do not understand the intricacies of government. Imagine this Ato Forson guy and his mindset. They lack commonsense and simple understanding. What is the role of a ce ...
read full comment
Since when has the BOG, by itself, contracted any loans - internal or external to our borders? Ignorant buffoons.
Isnt there a price in Ghana to pay for such stupid and gargantuan lies by the Deputy Minister? And they call themselves Honourable, Honourable my foot, schmuck!
Thank you, Honourable Kyei-Mensah for once again highlighting this thievery by NDC government for its appendages. HEAVEN KNOWS HOW MANY SUCH LOANS HAVE BEEN CONTRACTED, ON THE BLIND SIDE OF PARLIAMENT AND THE REST OF GHANAIAN ...
read full comment
Forson was wrong and the minority was wrong. Argument of the minority cannot hold water in any event.
Because this 'useless talkative' and 'career MP' for Suame, has always been too eager to score cheap political points, rather than give serious consideration to many of these very important national issues, and then offer bet ...
read full comment
i agree with the minority Mr Ato Forson should stop what he is saying
The managers of BoG should be made to account for the money because they took the money for themselves and not on behalf of Ghana because Ghanaians did not agree on it
npp is always sabotaging the government policies and programmes. this is very wrong and unfair to ghanaians. all the the npp does is either to organize boycott,sabotage or speak evil of everything. why? evil men and women are ...
read full comment
Eye awerehosem,asembeba dabi.
Mr. Minister, how could a central bank of a country go for imf loan. It's a country that goes for an imf loan. Did have two sets of documentation with a central bank of Ghana with inf and another documentation with Ghana and ...
read full comment