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• ll 2 months ago

  when you overborrow and you go to IMF just be prepared for hardship they are not interested in the welfare of the people they are only interested in countries in default paying back their paymasters whether the people suffer ...
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  when you overborrow and you go to IMF just be prepared for hardship they are not interested in the welfare of the people they are only interested in countries in default paying back their paymasters whether the people suffer or not is not their concern

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• Tonto 2 months ago

  STOP GIVING THE DOLLAR TO ABOKYI...OOOOO TOOMMM

  STOP GIVING THE DOLLAR TO ABOKYI...OOOOO TOOMMM

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• Barima 2 months ago

  For a country that can raise 6B in 6 months gold sale why go to IMF for relief . ?

  For a country that can raise 6B in 6 months gold sale why go to IMF for relief . ?

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• Mr. Smith 2 months ago

  Barima, good question. Aside that Ghana is the 1st largest producer of gold in Africa and the 6th in the world!! South Africa is No 8 in the world whilst Burkina Faso is No 15. So what excuse do we have being poor?

  Barima, good question. Aside that Ghana is the 1st largest producer of gold in Africa and the 6th in the world!! South Africa is No 8 in the world whilst Burkina Faso is No 15. So what excuse do we have being poor?

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• Tt 2 months ago

  I think it’s part of the deal,the previous government signed with IMF and this I believe is the last trench of money to be paid to the government

  I think it’s part of the deal,the previous government signed with IMF and this I believe is the last trench of money to be paid to the government

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• Nkonim 2 months ago

  Gyimii saa and stupid poilitics. China did that because it was going through industrial revolution. Ghana is a country that imports even toothpick and you are comparing your miserable predicament to China. These are the lawy ...
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  Gyimii saa and stupid poilitics. China did that because it was going through industrial revolution. Ghana is a country that imports even toothpick and you are comparing your miserable predicament to China. These are the lawyers and professors we have. How can we develop as a nation when we have Kwadwo Nkansa and Christiana Awuni selling us 24 hour economy?

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• Jude 2 months ago

  Then, why shouldn't Ghana go back to the fixed exchange rate system as it used to be under Kutu Acheampong?

  Then, why shouldn't Ghana go back to the fixed exchange rate system as it used to be under Kutu Acheampong?

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• Mental charter 2 months ago

  Masa concentrate on the law..... what was yur position when the cedi was appreciating..... ignorant people leading the country

  Masa concentrate on the law..... what was yur position when the cedi was appreciating..... ignorant people leading the country

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• Akroma 2 months ago

  So why do guys (meaning poor countries) continue to go beg them (IMF and World Bank) to bail you out after messing up your finances.If I was in charge of these organizations, none of these countries would be giving any more f ...
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  So why do guys (meaning poor countries) continue to go beg them (IMF and World Bank) to bail you out after messing up your finances.If I was in charge of these organizations, none of these countries would be giving any more financial assistance.Ghana has gone to IMF 17 times since independence. It’s like you have a brother or sister in Ghana and you live in overseas and you keep sending him or her money anytime they ask. They become lazy and reliant on you.

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• COD 2 months ago

  Did the Bretton Woods advise us to embark on a $100,000.00 parliamentary loan facility to every Dishounorable parliamentarian, Mr. Kpebu?

  Did the Bretton Woods advise us to embark on a $100,000.00 parliamentary loan facility to every Dishounorable parliamentarian, Mr. Kpebu?

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• Yaw Nkansah 2 months ago

  You are very wise person and God bless you.

  You are very wise person and God bless you.

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• Alidu 2 months ago

  Kpedu, you are becoming krokro too much, just focus on your law profession

  Kpedu, you are becoming krokro too much, just focus on your law profession

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• FAA 2 months ago

  This Martin Kpebu man doesn't know economics. What he needs to do is to advice the Ghana government to create jobs and make consume goods in Ghana so the Ghana will not depend on the Dollar. What the Bank of Ghana is doing is ...
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  This Martin Kpebu man doesn't know economics. What he needs to do is to advice the Ghana government to create jobs and make consume goods in Ghana so the Ghana will not depend on the Dollar. What the Bank of Ghana is doing is wasting the foreign reserve money that could have been channeled for development. That is a waste of Money. Stupid

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• Kwame 2 months ago

  These institutions are not interested in your welfare. U think they are working for u, no they are working for their pay masters, the US and the Europe. US and Europeans are using them to push neoliberal agenda in developing ...
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  These institutions are not interested in your welfare. U think they are working for u, no they are working for their pay masters, the US and the Europe. US and Europeans are using them to push neoliberal agenda in developing countries so they have control over US. Why World Bank tell the government to shop the intervention because the cedi is doing against their currency so they have yo come in and say all sort of nonsense, so we stop the good thing we are doing and go back to square one the their currency will thrive and we start suffering. They have contributed greatly to our suffering and ours leaders are making it possible for them unfortunately. Let use our brain and manage ourself as country well.

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• Kay 2 months ago

  When did Martin Kpebu became financial expert and economics. Emotional lawyer always talking to matters he has no ideas. Technology and industries are back bone of any nation. Why do you send people to Australia to learn mini ...
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  When did Martin Kpebu became financial expert and economics. Emotional lawyer always talking to matters he has no ideas. Technology and industries are back bone of any nation. Why do you send people to Australia to learn mining whilst we have Tarkwa school of mining.

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• Yaw Nkansah 2 months ago

  Yes,they can accept to share the blame but who suffers?Ghana and her people are suffering but the politicians continue to enjoy.
  Until the old ways of handling the economy is changed, and politicians decide to stop their cor ...
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  Yes,they can accept to share the blame but who suffers?Ghana and her people are suffering but the politicians continue to enjoy.
  Until the old ways of handling the economy is changed, and politicians decide to stop their corrupt activities, and the people rise up to demand accountability, things will continue to be bad.
  Ghanaians be bold and rise up!

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• K O Nash 2 months ago

  The country Ghana government is very very corrupt, I can say the most corrupt country on this earth Ghana. Leadership has to face the same going on in Nepal this is going to happen soon to Ghana leaders they are all corrupt t ...
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  The country Ghana government is very very corrupt, I can say the most corrupt country on this earth Ghana. Leadership has to face the same going on in Nepal this is going to happen soon to Ghana leaders they are all corrupt thieves. From the past and present leaders all must be killed and set a new constitution for the country.Constitution that will make citizens happy where there’s no laws there’s no civilization and this is Ghana. No one is above the laws in every civilized nation.

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• DONT BLAME IMF AND WORLD BANK FOR CEDI FALLS 2 months ago

  MARTIN YOU CANT BLAME IMF AND WORLD BANK FOR THE DEPRECIATION OF THE CEDI AGAINST MAJOR FOREIGN CURRENCIES. THE RATE IS BASED ON DEMAND AND SUPPLY AND IN SO FAR AS FOREIGN CURRENCIES WHICH HAVE HIGHER RATE AND USED GLOBALLY F ...
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  MARTIN YOU CANT BLAME IMF AND WORLD BANK FOR THE DEPRECIATION OF THE CEDI AGAINST MAJOR FOREIGN CURRENCIES. THE RATE IS BASED ON DEMAND AND SUPPLY AND IN SO FAR AS FOREIGN CURRENCIES WHICH HAVE HIGHER RATE AND USED GLOBALLY FOR TRADE HAVE INELASTIC DEMAND BY TRADERS AND BUSINESS MEN ANY EXCESSIVE DEMAND OVER SUPPLY WILL AUTOMATICALLY AFFECT DEPRECIATION OF THE CEDI BASED THESE FACTORS
  1.GHANA ECONOMY IS IMPORT ONE ,WHICH MEANS WE CONSUME MORE FOREIGN GOODS THAN WHAT IS MADE IN GHANA.
  2.COST OF PRODUCTION IN GHANA IS SO HIGH THAT BUSINESS MEN PREFER TO IMPORT RATHER TO PRODUCE LOCALLY.
  3.CHRISTMAS IS JUST 3MONTHS AWAY THEREFORE THIS IS TIME WHERE TRADERS AND BUSINESS WOULD HAVE THEIR ORDERS TO BE IMPORTED ON TIME BEFORE CHRISTMAS THERE DEMAND OF FOREIGN CURRENCIES GO HIGH AROUND SEPTEMBER AND OCTOBER.
  4.TRANSFER OF PROFITS IN FOREIGN CURRENCIES TO ABROAD. WE SHOULD NOT FORGET THAT MOST OF THESE FOREIGN BUSINESSES AND INVESTORS USUALLY WOULD HAVE TO CHANGE THEIR PROFIT INTO FOREIGN CURRENCIES AND SENT INTO THEIR ACCOUNTS TO PAY FUNDS BORROWED FROM THESE BANKS OUTSIDE GHANA.
  5.MODERNITION AND WESTERNISATION OF GHANAIANS LIFESTYLE HAVE BROUGHT A HIGH DEMAND FOR FOREIGN GOODS AFFECTING OUR DAILY LIFE STYLE AND CRAVING FOR USAGE OF FOREIGN GOODS OVER LOCAL GOODS .WE ALWAYS SEE FOREIGN GOODS BEING BETTER THAN LOCAL PRODUCTS.

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• Michael Gilbert Essien 2 months ago

  Yes, the truism is that they profit a lot from the borrowing countries. So they don't care whether the loans are utilized properly to benefit the citizens or not. They are just at the corner waiting again for such countries t ...
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  Yes, the truism is that they profit a lot from the borrowing countries. So they don't care whether the loans are utilized properly to benefit the citizens or not. They are just at the corner waiting again for such countries to come back and take loans again and again so that they can keep on profiting from them.

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• Joe Boy 2 months ago

  I can't stop laughing at Martin Kpebu. When NPP was in power, Martin Kpebu said the cedi was managed by incompetent Akuffo Addo, under NDC, it's the IMF and World Bank that should be blamed. He is a shame

  I can't stop laughing at Martin Kpebu. When NPP was in power, Martin Kpebu said the cedi was managed by incompetent Akuffo Addo, under NDC, it's the IMF and World Bank that should be blamed. He is a shame

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• Busiah 2 months ago

  My brother everybody is aware but we don't want to take of it and we borrowing. Since 1957 Ghana hasn't been able to create anything good all that we know is IMF.

  My brother everybody is aware but we don't want to take of it and we borrowing. Since 1957 Ghana hasn't been able to create anything good all that we know is IMF.

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