GET LOST. You are a Northerner- You are supporting a Northerner. You are playing tribal politics. Why support Bawumia. There are 5 other Southerners but you ALL Northerners support Bawumia. NPP do NOT get any VOTES from th ... read full comment
GET LOST. You are a Northerner- You are supporting a Northerner. You are playing tribal politics. Why support Bawumia. There are 5 other Southerners but you ALL Northerners support Bawumia. NPP do NOT get any VOTES from the Northering Regions of Ghana. THE OFF
K Poku-London-UK 1 month ago
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ... read full comment
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.
It insisted that the economic meltdown was “homegrown”.
In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.
“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.
The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.
But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".
Interbank Market: Cedi trades at GH¢12.35 to $1
The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.
The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.
“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.
The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.
Today, more than a quarter of Ghanaians live below the poverty line, it noted.
Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.
It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.
“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.
Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.
The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.
“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”
Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.
Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.
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prophet mohammed was a sick dog 1 month ago
Say no to islam and convert to a real religion.
Allah is satanic scum and qur'an is toilet paper............Search online for ways to move away from evil islam. You can join ex-muslim groups online and be safe.... ... read full comment
Say no to islam and convert to a real religion.
Allah is satanic scum and qur'an is toilet paper............Search online for ways to move away from evil islam. You can join ex-muslim groups online and be safe................you are not alone.
And thus We have made for every prophet an enemy among the criminals. But sufficient is your Lord as a guide and helper. Qur’an, 25:31 1 month ago
And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits. But give glad tidings to the patient.
Qur’an, 2:155
And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits. But give glad tidings to the patient.
Qur’an, 2:155
Alan Gyimi Gyimi Kyeremanteng 1 month ago
I TOLD U NPP = NKWASIAFUO PEOPLES PARTY. UMOUFIA CARTOONS CONCERT CATHEDRAL
I TOLD U NPP = NKWASIAFUO PEOPLES PARTY. UMOUFIA CARTOONS CONCERT CATHEDRAL
K Poku-London-UK 1 month ago
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do y ... read full comment
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do you see ALL the Northerners supporting Bawumia. How many votes does the NPP get from the Northern Regions of Ghana?@@@@
Jkm 1 month ago
The presidency is not a chieftaincy stool
The presidency is not a chieftaincy stool
Klaase Klose Marfhen 1 month ago
Mr Minister. I voted for the NDC. My worry is ; why di you allow heads of schools to collect unnecessary items for first year students?
Assuming there are 1,000 freshers amd each of them is asked to bring the following,
... read full comment
Mr Minister. I voted for the NDC. My worry is ; why di you allow heads of schools to collect unnecessary items for first year students?
Assuming there are 1,000 freshers amd each of them is asked to bring the following,
1. A cutlass
2. A mob and its bucket
3. Washi g powder, or detergent
4. Disinfectant, dettol, etc
5. Duster
6. Rake/hole
7. Insecticide mosquito spray
8. And many more
And surprisingly the children are made to use their own washing powder whenever they do cleanings. This is repeated every year for new comers.
My question to the minister is WHERE DO THESE ITEMS GO?
The Minister should stop this diabolic extortions immediately and carry out an audit on the items collected.
K Poku-London-UK 1 month ago
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do y ... read full comment
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do you see ALL the Northerners supporting Bawumia. How many votes does the NPP get from the Northern Regions of Ghana?????????????????????????//
Mensahoo988 1 month ago
Bawumia is a good person but is not strong & dynamic enough to lead Ghana. He will be remote controlled behind the scenes by multiple crooked 'godfathers'.
After all, they gave him the opportunity. How dare him fight the ... read full comment
Bawumia is a good person but is not strong & dynamic enough to lead Ghana. He will be remote controlled behind the scenes by multiple crooked 'godfathers'.
After all, they gave him the opportunity. How dare him fight their gigantum corruption! & insatiable materialism. Besides, Nkrumaism is in his bloodline!
Justrac Africa Ltd 1 month ago
We help secure your perimeter with modern ELECTRIC FENCE SYSTEMS that supports alarm system and backup battery system. We sell and install ELECTRIC FENCE SYSTEMS & CCTV CAMERAS. Call/WhatsApp: 0501796870 for more info. weq121 ... read full comment
We help secure your perimeter with modern ELECTRIC FENCE SYSTEMS that supports alarm system and backup battery system. We sell and install ELECTRIC FENCE SYSTEMS & CCTV CAMERAS. Call/WhatsApp: 0501796870 for more info. weq1212
oboy siki 1 month ago
its because they are not winning the 2028 elections period until 2048.....they are just going to waste money period
its because they are not winning the 2028 elections period until 2048.....they are just going to waste money period
GET LOST. You are a Northerner- You are supporting a Northerner. You are playing tribal politics. Why support Bawumia. There are 5 other Southerners but you ALL Northerners support Bawumia. NPP do NOT get any VOTES from th ...
read full comment
Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
read full comment
Say no to islam and convert to a real religion.
Allah is satanic scum and qur'an is toilet paper............Search online for ways to move away from evil islam. You can join ex-muslim groups online and be safe.... ...
read full comment
And We will surely test you with something of fear and hunger and a loss of wealth and lives and fruits. But give glad tidings to the patient.
Qur’an, 2:155
I TOLD U NPP = NKWASIAFUO PEOPLES PARTY. UMOUFIA CARTOONS CONCERT CATHEDRAL
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do y ...
read full comment
The presidency is not a chieftaincy stool
Mr Minister. I voted for the NDC. My worry is ; why di you allow heads of schools to collect unnecessary items for first year students?
Assuming there are 1,000 freshers amd each of them is asked to bring the following,
...
read full comment
There should NOT be a President from the North of Ghana after President Mahama. Enough is Enough. Southerners stop being afraid to tell the TRUTH. There should be equity and fairness. Replace Bawumia. Bawumia is a LIAR . Do y ...
read full comment
Bawumia is a good person but is not strong & dynamic enough to lead Ghana. He will be remote controlled behind the scenes by multiple crooked 'godfathers'.
After all, they gave him the opportunity. How dare him fight the ...
read full comment
We help secure your perimeter with modern ELECTRIC FENCE SYSTEMS that supports alarm system and backup battery system. We sell and install ELECTRIC FENCE SYSTEMS & CCTV CAMERAS. Call/WhatsApp: 0501796870 for more info. weq121 ...
read full comment
its because they are not winning the 2028 elections period until 2048.....they are just going to waste money period