Let us put Heritage Fund on national agenda – Veep

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Boamah 9 years ago

The Vice President makes a lot of sense.

The Vice President makes a lot of sense.
FACT 9 years ago

FROM ECONOMICS STANDPOINT,THE HERITAGE FUND MUST BE USED NOW ON BUILDING INFRASTRUCTURE BECAUSE THE COST OF CONSTRUCTION INCREASES OVER TIME. HOWEVER,THE HERITAGE FUND MUST NOT BE USED ON CONSUMPTION OF GOODS AND SERVICES BEC ...
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FROM ECONOMICS STANDPOINT,THE HERITAGE FUND MUST BE USED NOW ON BUILDING INFRASTRUCTURE BECAUSE THE COST OF CONSTRUCTION INCREASES OVER TIME. HOWEVER,THE HERITAGE FUND MUST NOT BE USED ON CONSUMPTION OF GOODS AND SERVICES BECAUSE IT WOULD BE UNFAIR TO FUTURE GENERATIONS.
LOOTERS 9 years ago

If the US$20 billion loan contracted since 2009 has done nothing to our economy, what can a mere US120 million Heritage Fund do for Ghana? The NDC Looting Brigade has eaten all the meat and now wants to swallow the bone !!!

If the US$20 billion loan contracted since 2009 has done nothing to our economy, what can a mere US120 million Heritage Fund do for Ghana? The NDC Looting Brigade has eaten all the meat and now wants to swallow the bone !!!
KB 9 years ago

MR. JABESH AMISSAH ARTHUR, FATHER OF THE VICE PRESIDENT DIED A SHORT WHILE AGO. A VERY FINE MAN, MAY HE REST IN PEACE.

MR. JABESH AMISSAH ARTHUR, FATHER OF THE VICE PRESIDENT DIED A SHORT WHILE AGO. A VERY FINE MAN, MAY HE REST IN PEACE.
FACT 9 years ago

Let Ghana put the voting out of the NDC gov't at the ballot box on the national agenda, or better still, a call for fresh elections immediately.
From what the Veep is saying, are Ghanaians to assume that the contents of the ...
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Let Ghana put the voting out of the NDC gov't at the ballot box on the national agenda, or better still, a call for fresh elections immediately.
From what the Veep is saying, are Ghanaians to assume that the contents of the stabilization fund have already become amenable to the intricacies of their unrepentant penchant for thievery and looting, for which reason, the heritage fund, a very well thought through investment fund to cater for the unborn generation, when our oil resource is depleted, should come under the sledgehammer, under the itchy fingers of the Mahama/Amissah Arthur led NDC gov't?
In any case how much is the heritage fund and how much has been looted by the Mahama family and friends looting brigands?
It is clear Ghana should put the massive voting out of the Mahama/Amissah Arthur NDC gov't out of power on the national agenda.
Say the TRUTH 9 years ago

Touching on the depreciation, Vice President Amissah-Arthur explained that “depreciation is not always as bad as some people may want us to believe.” He said the structure of the economy was such that the cedi must deprec ...
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Touching on the depreciation, Vice President Amissah-Arthur explained that “depreciation is not always as bad as some people may want us to believe.” He said the structure of the economy was such that the cedi must depreciate for the economy to remain competitive.

For export sector to be sustained, domestic currency must depreciate against other currencies. Stable cedi will make exports cheaper than imports but the fall must not be too fast,” the Vice President noted.

I CAN'T BELIEVE A VP WHOSE GOVERNMENT IS NOW TRYING TO PROMOTE GHANAIAN INDUSTRIES & BUYING "MADE IN GHANA GOODS" CAN SEE THAT HAVING SUCH THOUGHT THE DEPRCIATION OF THE CEDI IS GOOD & FORGETTING THAT THAT IS VERY BAD FOR GHANA INDUSTRIES THAT MAINLY DEPEND ON IMPORTATION OF RAW MATERIALS AND ADD ON MATERIALS FOR THE MANUFACTURING OF "MADE IN GHANA GOODS" WOULD BE ABLE TO SURVIVE IN THE CURRENT GLOBAL COMPETITION THAT CRITICALLY DEPEND ON COMPETITIVE ADVANTAGE, LOWER COST OF PRODUCTION & SELLING GOODS IN A COMPETITIVE LOWER PRICES- IN THE GLOBAL WORLD WHERE THERE SEEM TO BE NO BORDERS NOW IN TRADE ALL OVER THE WORLD!!!

VP YOU ARE VERY WRONG....NO WONDER NDC'S MANAGEMENT OF THE ECONOMY IS IN BAD SHAPE!!!!!!
Obrefo 9 years ago

You guys are thieves. CREATE, LOOT and SHARE policy is sinking Ghana. Now you want to open up a debate on the heritage fund. It's a non starter. How much is the heritage fund now? I read is about $120 million. Just two judgem ...
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You guys are thieves. CREATE, LOOT and SHARE policy is sinking Ghana. Now you want to open up a debate on the heritage fund. It's a non starter. How much is the heritage fund now? I read is about $120 million. Just two judgement debts you guys doled out to your criminal partners are more than this. Shame on you. Go shove your stupid idea in your ass.
mr amin 9 years ago

my God is the vice prez saying that the depreciation of the cedi is good for the economy. with our level of export its a disadvantage. why do want the labour of farmer to be bought cheaply while we buy expensive from them. Ha ...
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my God is the vice prez saying that the depreciation of the cedi is good for the economy. with our level of export its a disadvantage. why do want the labour of farmer to be bought cheaply while we buy expensive from them. Have u forgotten that if the cedi fall govt revenue loses value how do u achieve your expenditure? i dont want to say u are ignorant of the effect of a weak cuttency. when the cedi loses value then our sweat is in vain becausd yr bank account loses value too. is the cedi fall that has cripple the economy. i totaly disagree with what the vise said. u should go out of power with this idea. we need strog currency to improve our purchesing power n creat jobs.
Nii 9 years ago

Depreciation is not always bad for the economy. It rather encourages other countries to increase their imports of Ghanaian goods. However, in this situation it is bad for our economy because we don't produce enough products. ...
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Depreciation is not always bad for the economy. It rather encourages other countries to increase their imports of Ghanaian goods. However, in this situation it is bad for our economy because we don't produce enough products. As demand for our products increase, prices would rise up in the long run. A country like china uses this strategy. They keep cost low, and currency weaker in order to induce imports from other country. Plus they have large market shares. Ghana cannot afford this kind of strategy.
senior citizen Germany 9 years ago

Amissah Arthur talks politzely and sencibly than most of the rulling members of the NDC.He choses words of wisdom and profession to convince the populace to butress his claim of the countrys tattered economy which if right m ...
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Amissah Arthur talks politzely and sencibly than most of the rulling members of the NDC.He choses words of wisdom and profession to convince the populace to butress his claim of the countrys tattered economy which if right measures are taken by his government would be sustained in the future.
YENTIE OBIAA 9 years ago

OH, WHY VEEP, YOU WANT TO CHOP THE BONE TOO? PLEASE, LEAVE THIS ONE ALONE.IF THE MEAT ITSELF WASN'T SUFFICIENT, WHAT WILL THE BONE DO, EH?

OH, WHY VEEP, YOU WANT TO CHOP THE BONE TOO? PLEASE, LEAVE THIS ONE ALONE.IF THE MEAT ITSELF WASN'T SUFFICIENT, WHAT WILL THE BONE DO, EH?
Whatever 9 years ago

This is how the discussion should have been introduced

This is how the discussion should have been introduced

Let us put Heritage Fund on national agenda – Veep

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