If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. (Romans 10:9) , .
.... .. .
If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. (Romans 10:9) , .
.... .. .
K. Opoku-London-UK 1 day 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.
Gonja mafia john mahama is the most arrogant and dishonest person to ever walk on the surface of this earth.
No wonder he is the cheer leader of hete speech and tribal bigotry. On top of these, he has earned the title of c ... read full comment
Gonja mafia john mahama is the most arrogant and dishonest person to ever walk on the surface of this earth.
No wonder he is the cheer leader of hete speech and tribal bigotry. On top of these, he has earned the title of chief state capture. He is using his brothers to monoplise the ownership of all juicy mineral deposits. What he hates most is to see persons with the wrong names doing same businesses as his brothers. To the gonja mafias led by drugmani mahama, a mahama can own and operate mines but an Antwi cannot do same! Are you seeing what we are seeing.
Now, all positions with the best conditions are occupied by either a mahama or mahama family member or persons from particular region. I dont have to spoonfeed anyone. You can find out for yourself. This open tribalism and discrimination that scamahama is doing is direct from Prof. Kofi Awonor's playbook. If you bear the wrong name and you following this tribal bigot, then I think we need to see a .....
People have to note that:
°Wontumi today = someone's brother tomorrow.
Wontumi is a political prisoner. He was jailed by a corrupt injustice and agenda court system. And we all know we have an agenda judge sitting at an agenda court.
Mandela 1 day ago
NPP Ashanti Bantama Barking Dogs swept out of Flagstaff House in disgrace will never stop yelling. The Republic moves forward. Mahama will never be distracted by your lunatic press conferences, demonstrations, etc. Bye arroga ... read full comment
NPP Ashanti Bantama Barking Dogs swept out of Flagstaff House in disgrace will never stop yelling. The Republic moves forward. Mahama will never be distracted by your lunatic press conferences, demonstrations, etc. Bye arrogant Black Egyptians of the Ashanti Forest. You will never smell Flagstaff House again. Never!
Hahaha 1 day ago
That relationship and nothing being done to the communities made Kyei Mensah lost his parlimentry seat. He is testifying it to the Ghanaians now. However, Mahama and NDC can only transform Ghana. Whether you like or not.
That relationship and nothing being done to the communities made Kyei Mensah lost his parlimentry seat. He is testifying it to the Ghanaians now. However, Mahama and NDC can only transform Ghana. Whether you like or not.
Tim 1 day ago
They have started again, as was the the last time, ken's sympathisers were tactful eliminated
They have started again, as was the the last time, ken's sympathisers were tactful eliminated
K. Opoku-London-UK 1 day 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.
Disgraceful party npp. A party with not a single wise or intelligent person. A party that has its member with the highest iq of about 35. A party that has idiots as its leaders. The most corrupt party. About 98 percent of it ... read full comment
Disgraceful party npp. A party with not a single wise or intelligent person. A party that has its member with the highest iq of about 35. A party that has idiots as its leaders. The most corrupt party. About 98 percent of its delegates are mostly the uninformed in society. That's why 15000 cedis can buy their conscience. When we were kids, even bread sellers in Nsawam putting npp flyers in their bread plastic bags made people buy them. Today,it's a party of insincere and corrupt people. People who are diabolical. All they are praying for,is for this current government to fail,so life becomes unbearable and so harsh like the unprecedented economic hardship their textbook, infantile bawumia made Ghanaians go through. They know although they use,refuse and abuse we ashantis after voting for them, as they call us stupid people, would vote for them.
Ko 1 day ago
Let the people decide for themselves.
Let the people decide for themselves.
Rio de Janeiro 15 hours ago
Whatever u do Ghanaians hasn't forgotten hardship NPP unleashed on Ghanaians...
Whatever u do Ghanaians hasn't forgotten hardship NPP unleashed on Ghanaians...
Basic Algebra 15 hours ago
How will the selected candidates win if the constituents decide not to vote in the general election, after being sidelined during the primaries? NPP is cursed.
How will the selected candidates win if the constituents decide not to vote in the general election, after being sidelined during the primaries? NPP is cursed.
If you declare with your mouth, “Jesus is Lord,” and believe in your heart that God raised him from the dead, you will be saved. (Romans 10:9) , .
.... .. .
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
Gonja mafia john mahama is the most arrogant and dishonest person to ever walk on the surface of this earth.
No wonder he is the cheer leader of hete speech and tribal bigotry. On top of these, he has earned the title of c ...
read full comment
NPP Ashanti Bantama Barking Dogs swept out of Flagstaff House in disgrace will never stop yelling. The Republic moves forward. Mahama will never be distracted by your lunatic press conferences, demonstrations, etc. Bye arroga ...
read full comment
That relationship and nothing being done to the communities made Kyei Mensah lost his parlimentry seat. He is testifying it to the Ghanaians now. However, Mahama and NDC can only transform Ghana. Whether you like or not.
They have started again, as was the the last time, ken's sympathisers were tactful eliminated
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
Disgraceful party npp. A party with not a single wise or intelligent person. A party that has its member with the highest iq of about 35. A party that has idiots as its leaders. The most corrupt party. About 98 percent of it ...
read full comment
Let the people decide for themselves.
Whatever u do Ghanaians hasn't forgotten hardship NPP unleashed on Ghanaians...
How will the selected candidates win if the constituents decide not to vote in the general election, after being sidelined during the primaries? NPP is cursed.