Ghana explores a return to International bond market

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Kwasi 8 years ago

Ghana government is always announcing its intention to borrow. But it has not announced any plans to improve its revenue collection procedures so as to refrain from going to the international banks with a cup in hand for loan ...
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Ghana government is always announcing its intention to borrow. But it has not announced any plans to improve its revenue collection procedures so as to refrain from going to the international banks with a cup in hand for loans. When will this exercise stop?
E. Amponsah(amponsaheli23@yahoo.com) 8 years ago

Why are they not accounting to us all the monies collected from the Eurobond? I wonder whether investments from these monies can pay back the loans. Are we getting value for money?

Why are they not accounting to us all the monies collected from the Eurobond? I wonder whether investments from these monies can pay back the loans. Are we getting value for money?
United Ghana 8 years ago

E, the sad news is the money wasn't invested in wealth creation, but, was used largely for recurrent govt expenditure & some infrastructure projects for political purposes. All they're good for is borrowing & stealing.

E, the sad news is the money wasn't invested in wealth creation, but, was used largely for recurrent govt expenditure & some infrastructure projects for political purposes. All they're good for is borrowing & stealing.
makiba 8 years ago

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0247494676