Dr. Mahamudu Bawumia made these comments while addressing students of the Jasikan College of Education on Tuesday.
“What is most shocking (and also a clear manifestation of a problem in economic management) is that His E ... read full comment
Dr. Mahamudu Bawumia made these comments while addressing students of the Jasikan College of Education on Tuesday.
“What is most shocking (and also a clear manifestation of a problem in economic management) is that His Excellency President Mahama clearly does not know the value of exactly how much this NDC government has borrowed in the last eight years. It is so sad that this has even become an issue for debate. Sadly, the two public comments President Mahama has recently made on Ghana’s public debt are patently false and I am sure if His Excellency was properly briefed, he would not subject himself to such embarrassment,” he added.
OFOSUAA 8 years ago
“I will provide a simple example to explain this point. Assume that the exchange rate of the cedi to the dollar today is 1:1 (i.e.,. One cedi equals one dollar). If the government of Ghana borrows GhC 100 today, then the do ... read full comment
“I will provide a simple example to explain this point. Assume that the exchange rate of the cedi to the dollar today is 1:1 (i.e.,. One cedi equals one dollar). If the government of Ghana borrows GhC 100 today, then the dollar equivalent of the additional debt stock would be $100. Therefore, if the government wants to undertake projects with the loan, it can do $100 worth of projects.
Assume that four years down the road the exchange rate depreciates to 4 cedis to one dollar. This will mean that the GHC 100 that was on the books will now be valued as $25 dollars. This will be the book value of the debt in dollar terms. Notwithstanding the impact of depreciation of the cedi on the dollar value of the debt, it does not mean that four years ago the government did not borrow the equivalent of $100,” he indicated.
Me 8 years ago
You don't want us to vote yet want our skills? you people have pro
blems paa
You don't want us to vote yet want our skills? you people have pro
blems paa
ajetye 8 years ago
She has therefore asked them to contact the Ghana Mission in New York or any of the embassies abroad where Diaspora desks have been created to listen to their concerns, criticisms and suggestions, saying that "nothing is too ... read full comment
She has therefore asked them to contact the Ghana Mission in New York or any of the embassies abroad where Diaspora desks have been created to listen to their concerns, criticisms and suggestions, saying that "nothing is too small for Ghana's development.
Ogyam 8 years ago
Period.
Let them continue to rig the election.
Period.
Let them continue to rig the election.
USA 8 years ago
Rawlings spent 19 good years destroying Ghana when other nations were educating their children in science and technology, the result, a Ghanaian government that can't even produce a common brochure for events.
Remember, Ra ... read full comment
Rawlings spent 19 good years destroying Ghana when other nations were educating their children in science and technology, the result, a Ghanaian government that can't even produce a common brochure for events.
Remember, Rawlings destroyed the excellent Ghanaian educational system.
Today all of them parading with fake doctorate degrees.
Tweea 8 years ago
The same tune these government officials have been singing all these years.
They rather want your money
The same tune these government officials have been singing all these years.
They rather want your money
anokwale 8 years ago
Most Ghanaians can only help their family. You need extremely deep pockets to do something in Ghana. Take care of your family first and set up a kiosk for the niece or nephew who shows promise. End of story.
Most Ghanaians can only help their family. You need extremely deep pockets to do something in Ghana. Take care of your family first and set up a kiosk for the niece or nephew who shows promise. End of story.
Kofi 8 years ago
Okay, we will work hard in the snow and bring our resources to be stolen by thieves parading as government officials! The days when people thought Ghana was home is over. Home is where one finds peace and opportunities to dev ... read full comment
Okay, we will work hard in the snow and bring our resources to be stolen by thieves parading as government officials! The days when people thought Ghana was home is over. Home is where one finds peace and opportunities to develop. Why are people in government stealing to acquire property overseas if they thought there was any hope for the country? We are not idiots. All my children are Americans and they are not coming to Ghana. Why should they if even their parents who grew up over there could not stay there?
Amavie 8 years ago
Please madam Ambassador, tell your lazy government to stop the naked stealing and massive corruption. Do you think those in the diaspora are stupid? People bust their as** to earn a living and accumulate capital. You want the ... read full comment
Please madam Ambassador, tell your lazy government to stop the naked stealing and massive corruption. Do you think those in the diaspora are stupid? People bust their as** to earn a living and accumulate capital. You want them to invest in a corrupt system that is only interested in reaping where they haven't sown? STOP KIDDING YOURSELF! Charity begins at home. Let these clowns clean up their act, put in place a system that will encourage those in diaspora to invest. Until then, HOME IS WHERE YOU HAVE YOUR PEACE!
Chamcham 8 years ago
Is this lip service"
we live to see.
Is this lip service"
we live to see.
GOD'S SERVANT 8 years ago
The government is only interested in using skills, contributions of diaspora but not our rights to vote.
Why our franchise has been denied. When is the ROPA LAW coming into effect to allow the diaspora to vote?
The government is only interested in using skills, contributions of diaspora but not our rights to vote.
Why our franchise has been denied. When is the ROPA LAW coming into effect to allow the diaspora to vote?
mike 8 years ago
i believe that you are a very smart person that ghana can benefit from your inteligence. Please help out here. I am ghanaian living in Alaska with other family members at Palau, Golonia and Guam Islands.Since national electio ... read full comment
i believe that you are a very smart person that ghana can benefit from your inteligence. Please help out here. I am ghanaian living in Alaska with other family members at Palau, Golonia and Guam Islands.Since national elections are conducted ONLY at a designated polling stations or embassies, how can my vote be counted?
GOD'S SERVANT 8 years ago
Interested only in our interest, what about our franchise, our right to vote by the ROPA LAW?
Interested only in our interest, what about our franchise, our right to vote by the ROPA LAW?
YARO 8 years ago
what can $250 pay for? These are a bunch of jokers
what can $250 pay for? These are a bunch of jokers
Obrefo 8 years ago
You've disenfranchised us due to politics but has the audacity to insult our intelligence. Go to hell.
You've disenfranchised us due to politics but has the audacity to insult our intelligence. Go to hell.
BRO DAN -TRC 8 years ago
BLESSED PEOPLE OF AFRICA, DIGNIFIED PEOPLE OF THE NATIONS OF THE WORLD, NOBLE PEOPLE OF GHANA; THANK GOD WE ARE NOT OF THEM WHO -ACT- ANYHOW!!! YEA; BLESSED ONES; IT IS (MARCH- "17"-TH 2016) AND ACCORDING TO THE PERFECT WILL ... read full comment
BLESSED PEOPLE OF AFRICA, DIGNIFIED PEOPLE OF THE NATIONS OF THE WORLD, NOBLE PEOPLE OF GHANA; THANK GOD WE ARE NOT OF THEM WHO -ACT- ANYHOW!!! YEA; BLESSED ONES; IT IS (MARCH- "17"-TH 2016) AND ACCORDING TO THE PERFECT WILL AND PURPOSE OF GOD HAVE NEW VIDEOS ARRIVED ON THE FACEBOOK PAGE "TRC" FOR MANKIND AND THE NATIONS OF THE WORLD. YEA; "IT IS FINISHED". SELAH. THEREFORE "OCCUPY TILL ICOME".SELAH.
TOGETHER WE CAN! WITH GOD; WE CAN!! GOD BLESS AFRICA TO "BE STRONG AND GOOD COURAGE" AND "UNITE" FOR THE "VISION AND THE MISSION" ON THE BEHALF OF "GOD AND HUMANITY". GOD BLESS YOU AND YOUR NATION AS YOU SACRIFICES YOUR LIFE ON BEHALF OF YOUR NATION AND THE PEOPLE AS REQUIRED BY THE "NATIONAL VISION" THAT THE THE NATION BE BUILT UP IN UNITY. GOD BLESS YOU AND YOUR NATION AS YOU ARISE WITH -HUMANITY AND THE NATIONS OF THE WORLD- AGAINST ("THE WORKERS OF INIQUITY") WHO SEEK AGAINST "THE LAWS OF GOD" AND "THE LAWS OF MAN" TO MAKE MY -TWO INNOCENT- CHILDREN; THE REWARD FOR "CRIMES AGAINST HUMANITY"!!! AND, GOD BLESS OUR HOMELAND GHANA!!
NOTE
MUCH THANKS TO -GHANAWEB-AND "KENTE FM". THIS POSTING HAS NOTHING TO DO WITH THE ARTICLE.AS USUAL, THE SPACE WAS USED TO REACH OUT TO HUMANITY.
Anim Asare 8 years ago
my company Diamond Coast Construction,is looking for more links,and we also offer free consultation.
hope to here from you.
contact..
00233-208871181
Anim
my company Diamond Coast Construction,is looking for more links,and we also offer free consultation.
hope to here from you.
contact..
00233-208871181
Anim
FOYOOSIS 8 years ago
You are already making mistakes in your bid to link prospective customers to your so-called company.
This is where it starts from; you'll never be truthful to anyone who attemps to do business with you. We know you all by ... read full comment
You are already making mistakes in your bid to link prospective customers to your so-called company.
This is where it starts from; you'll never be truthful to anyone who attemps to do business with you. We know you all by your deeds.
You're not trustworthy, frauds all over.
COD 8 years ago
How do you lure people to come to Ghana whilst some teachers are not paid for four years of service in the education sector? It is madness.
How do you lure people to come to Ghana whilst some teachers are not paid for four years of service in the education sector? It is madness.
nanaoo 8 years ago
Oh mother Ghana, I wise I can be of good use to you but our politician has let you down it's all about them. Madam ambass. I do not know if you are living on the next human plane to say such a thing for diaspora to bring thei ... read full comment
Oh mother Ghana, I wise I can be of good use to you but our politician has let you down it's all about them. Madam ambass. I do not know if you are living on the next human plane to say such a thing for diaspora to bring their skills while we at the diaspora can't even get a common passport renewal. I guess you should know what's going on before making statements or if you know about this then you are buffoon.
Mass 8 years ago
Please for God sake never hear from these evil people. I am secure in USA with the best education, mind and money. All my brothers and sisters died. First, Rawlings and the with killed them. We are educated Aliens who monito ... read full comment
Please for God sake never hear from these evil people. I am secure in USA with the best education, mind and money. All my brothers and sisters died. First, Rawlings and the with killed them. We are educated Aliens who monitor Ghana and Africa. Please don't go to Ghana. Go and visit and see their stupidity. It will be only 2weeks at most 4weeks. I bet you will come back to the world of security and a peace of being.
Dr. Mahamudu Bawumia made these comments while addressing students of the Jasikan College of Education on Tuesday.
“What is most shocking (and also a clear manifestation of a problem in economic management) is that His E ...
read full comment
“I will provide a simple example to explain this point. Assume that the exchange rate of the cedi to the dollar today is 1:1 (i.e.,. One cedi equals one dollar). If the government of Ghana borrows GhC 100 today, then the do ...
read full comment
You don't want us to vote yet want our skills? you people have pro
blems paa
She has therefore asked them to contact the Ghana Mission in New York or any of the embassies abroad where Diaspora desks have been created to listen to their concerns, criticisms and suggestions, saying that "nothing is too ...
read full comment
Period.
Let them continue to rig the election.
Rawlings spent 19 good years destroying Ghana when other nations were educating their children in science and technology, the result, a Ghanaian government that can't even produce a common brochure for events.
Remember, Ra ...
read full comment
The same tune these government officials have been singing all these years.
They rather want your money
Most Ghanaians can only help their family. You need extremely deep pockets to do something in Ghana. Take care of your family first and set up a kiosk for the niece or nephew who shows promise. End of story.
Okay, we will work hard in the snow and bring our resources to be stolen by thieves parading as government officials! The days when people thought Ghana was home is over. Home is where one finds peace and opportunities to dev ...
read full comment
Please madam Ambassador, tell your lazy government to stop the naked stealing and massive corruption. Do you think those in the diaspora are stupid? People bust their as** to earn a living and accumulate capital. You want the ...
read full comment
Is this lip service"
we live to see.
The government is only interested in using skills, contributions of diaspora but not our rights to vote.
Why our franchise has been denied. When is the ROPA LAW coming into effect to allow the diaspora to vote?
i believe that you are a very smart person that ghana can benefit from your inteligence. Please help out here. I am ghanaian living in Alaska with other family members at Palau, Golonia and Guam Islands.Since national electio ...
read full comment
Interested only in our interest, what about our franchise, our right to vote by the ROPA LAW?
what can $250 pay for? These are a bunch of jokers
You've disenfranchised us due to politics but has the audacity to insult our intelligence. Go to hell.
BLESSED PEOPLE OF AFRICA, DIGNIFIED PEOPLE OF THE NATIONS OF THE WORLD, NOBLE PEOPLE OF GHANA; THANK GOD WE ARE NOT OF THEM WHO -ACT- ANYHOW!!! YEA; BLESSED ONES; IT IS (MARCH- "17"-TH 2016) AND ACCORDING TO THE PERFECT WILL ...
read full comment
my company Diamond Coast Construction,is looking for more links,and we also offer free consultation.
hope to here from you.
contact..
00233-208871181
Anim
You are already making mistakes in your bid to link prospective customers to your so-called company.
This is where it starts from; you'll never be truthful to anyone who attemps to do business with you. We know you all by ...
read full comment
How do you lure people to come to Ghana whilst some teachers are not paid for four years of service in the education sector? It is madness.
Oh mother Ghana, I wise I can be of good use to you but our politician has let you down it's all about them. Madam ambass. I do not know if you are living on the next human plane to say such a thing for diaspora to bring thei ...
read full comment
Please for God sake never hear from these evil people. I am secure in USA with the best education, mind and money. All my brothers and sisters died. First, Rawlings and the with killed them. We are educated Aliens who monito ...
read full comment