Cheap fool. Gyimigyimi. Shut up! Ne nkwaseasem!! Mtcheew
Cheap fool. Gyimigyimi. Shut up! Ne nkwaseasem!! Mtcheew
Jerusalem 4 hours ago
Don't mind that goat. Erroneously thinking he is the one who invented computer. Apuu. I wonder whether he has washed his anus this morning. Or yet to
Don't mind that goat. Erroneously thinking he is the one who invented computer. Apuu. I wonder whether he has washed his anus this morning. Or yet to
Foster 4 hours ago
Who even invited him to the summit? And he didn't go with Wontumi?
Who even invited him to the summit? And he didn't go with Wontumi?
$700 MILLION GOLDBOD LOOT 4 hours ago
The great Bawumia has spoken. Today, the foolish NDC who criticized the Ghana card and your digitization push, have accepted it and disgraced themselves. Shameless fools in power.
The great Bawumia has spoken. Today, the foolish NDC who criticized the Ghana card and your digitization push, have accepted it and disgraced themselves. Shameless fools in power.
Kofi 4 hours ago
Ghana’s only hope for the future. Well done Dr. Bawumia.
Ghana’s only hope for the future. Well done Dr. Bawumia.
K Poku-London-UK 4 hours 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. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
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.
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. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
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.
4 comments I just briefly read shows the level of mentality and low brain power of all 4. This is not an insult but just suprised at the level of ignorance displayed by such comments.
4 comments I just briefly read shows the level of mentality and low brain power of all 4. This is not an insult but just suprised at the level of ignorance displayed by such comments.
Be informed 4 hours ago
Massa, comments don’t solve problems. If you were not ignorant yourself, you’d have realised that digitisation is not an event, it’s a process. You can’t just do catch up with the giants, you need to invest and this i ... read full comment
Massa, comments don’t solve problems. If you were not ignorant yourself, you’d have realised that digitisation is not an event, it’s a process. You can’t just do catch up with the giants, you need to invest and this investment has been going on for a while now. Many government institutions have been digitising eg land commission, SSNIT, PPA, survey department, hospitals etc.
GOLDEN 4 hours ago
MAKE OWN RESEARCH BEFORE YOU EMBRACE IT,THERE ARE BOTH POSITIVE AND NEGATIVE SIDES,DO NOT JUST FOLLOW THE CROWD WITHOUR CHECKING FACTS!!!!!!!
MAKE OWN RESEARCH BEFORE YOU EMBRACE IT,THERE ARE BOTH POSITIVE AND NEGATIVE SIDES,DO NOT JUST FOLLOW THE CROWD WITHOUR CHECKING FACTS!!!!!!!
TRUTH 3 hours ago
hey this man!
From Digitalisation to AI.
He will soon move on to deities and mystics.
hey this man!
From Digitalisation to AI.
He will soon move on to deities and mystics.
La Pleasure man 3 hours ago
Bawuliar aka the Walewale donkey, global champion for AD (artificial dumbness).
Bawuliar aka the Walewale donkey, global champion for AD (artificial dumbness).
Nana K 3 hours ago
What's the useless pig saying,
What's the useless pig saying,
COOLBLUE 3 hours ago
When did Bawuliar became an IT specialist?
I thought Akufo Addo once introduced and presented this man to Ghanaians as an economic brain only for him to fail abysmally only to prove to Ghanaians that he probable graduated ... read full comment
When did Bawuliar became an IT specialist?
I thought Akufo Addo once introduced and presented this man to Ghanaians as an economic brain only for him to fail abysmally only to prove to Ghanaians that he probable graduated in comedy, rather?
Bawuliar must give us a break, he's neither an econmist nor IT specialist. Bawuliar has proven to be a celebrated stand up comedian.
Zugu. Of zabzugu / TataleN/R 2 hours ago
Instead of talking about the economy this walewale Adam smith is still talking about AI. Who told him Africans haven’t embraced AI
Better shut up if you have nothing to say please Adam smith
Instead of talking about the economy this walewale Adam smith is still talking about AI. Who told him Africans haven’t embraced AI
Better shut up if you have nothing to say please Adam smith
Kim 16 minutes ago
He started the nonsense again, talk about the economy.As for you we know you are a liar.
He started the nonsense again, talk about the economy.As for you we know you are a liar.
Cheap fool. Gyimigyimi. Shut up! Ne nkwaseasem!! Mtcheew
Don't mind that goat. Erroneously thinking he is the one who invented computer. Apuu. I wonder whether he has washed his anus this morning. Or yet to
Who even invited him to the summit? And he didn't go with Wontumi?
The great Bawumia has spoken. Today, the foolish NDC who criticized the Ghana card and your digitization push, have accepted it and disgraced themselves. Shameless fools in power.
Ghana’s only hope for the future. Well done Dr. Bawumia.
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 ...
read full comment
4 comments I just briefly read shows the level of mentality and low brain power of all 4. This is not an insult but just suprised at the level of ignorance displayed by such comments.
Massa, comments don’t solve problems. If you were not ignorant yourself, you’d have realised that digitisation is not an event, it’s a process. You can’t just do catch up with the giants, you need to invest and this i ...
read full comment
MAKE OWN RESEARCH BEFORE YOU EMBRACE IT,THERE ARE BOTH POSITIVE AND NEGATIVE SIDES,DO NOT JUST FOLLOW THE CROWD WITHOUR CHECKING FACTS!!!!!!!
hey this man!
From Digitalisation to AI.
He will soon move on to deities and mystics.
Bawuliar aka the Walewale donkey, global champion for AD (artificial dumbness).
What's the useless pig saying,
When did Bawuliar became an IT specialist?
I thought Akufo Addo once introduced and presented this man to Ghanaians as an economic brain only for him to fail abysmally only to prove to Ghanaians that he probable graduated ...
read full comment
Instead of talking about the economy this walewale Adam smith is still talking about AI. Who told him Africans haven’t embraced AI
Better shut up if you have nothing to say please Adam smith
He started the nonsense again, talk about the economy.As for you we know you are a liar.