Economy is not in dire situation - Gov't

Read Article

Comments (37)

This article is closed for comments.

Read Comments Comments (37)

Kwesi Mensah 9 years ago

..and you think you can implement what it says. Just look at how he has found a convenient excuse why the distribution of the report is late.

The same modus operandi for finding excuses why nothing gets done in Ghana.

...
read full comment

..and you think you can implement what it says. Just look at how he has found a convenient excuse why the distribution of the report is late.

The same modus operandi for finding excuses why nothing gets done in Ghana.

Useless people !!
PRINCE KWASI ADADE 9 years ago

AT THE END OF KUFFOUR'S REIGN, HIS MINISTERS WERE THOROUGHLY INVESTIGATED BY EVIL NDC, AND OVER 23 MINISTERS FACED COURT ACTION BUT ALL OF THEM WERE FOUND TO BE CLEAN. YOU SEE, NDC LOST OVER 23 CASES. NOW, LET US LOOK BACK AN ...
read full comment

AT THE END OF KUFFOUR'S REIGN, HIS MINISTERS WERE THOROUGHLY INVESTIGATED BY EVIL NDC, AND OVER 23 MINISTERS FACED COURT ACTION BUT ALL OF THEM WERE FOUND TO BE CLEAN. YOU SEE, NDC LOST OVER 23 CASES. NOW, LET US LOOK BACK AND CONSIDER WHAT HAPPENED WHEN KUFFOUR WON POWER FROM NDC, 6 NDC EVIL CORRUPT BASTARDS WENT TO JAIL. SO WHY POINT A FINGER AT HON. KUFFOUR WHEN TALKING ABOUT CORRUPTION? TODAY, NDC HAS DESTROYED GHANA'S ECONOMY TOTALLY, THROUGH WHAT OUR SUPREME COURT HAS DESCRIBED AS "ALLIANCE TO CREATE, LOOT AND SHARE" HANDS OFF HON. KUFFOUR, HE AND NPP WORKED TOO HARD FOR GHANAIANS
DAVI 9 years ago

The NPP will have their input in senchi report in parliament,place where our MPs belong and we have faith in them.The NDC can NO Longer Do Tricks,Propaganda and Lies on Any of our Members.

The NPP will have their input in senchi report in parliament,place where our MPs belong and we have faith in them.The NDC can NO Longer Do Tricks,Propaganda and Lies on Any of our Members.
Gye Nyame 9 years ago

How do you start the treatment when you are in denial? Isn't the same data that Fitch used to come to their conclusions? Or did Fitch conjure it?

How do you start the treatment when you are in denial? Isn't the same data that Fitch used to come to their conclusions? Or did Fitch conjure it?
GHANAian 9 years ago

Worrying reports on deal between EU countries on new law on genetically modified crops
Press release - May 28, 2014
Brussels – Responding to reports that most member states endorsed today a Greek presidency proposal on ho ...
read full comment

Worrying reports on deal between EU countries on new law on genetically modified crops
Press release - May 28, 2014
Brussels – Responding to reports that most member states endorsed today a Greek presidency proposal on how countries could ban the cultivation of genetically modified (GM) crops in their territory, Greenpeace warns that this deal is riddled with legal holes.
Most importantly, it does not address health and environmental risks posed by GM crops. Moreover, biotech companies would be given an official role in the banning process, further increasing their influence over the European Commission and national governments.

Greenpeace EU agriculture policy director Marco Contiero said: “It looks like EU countries are falling for a Trojan horse. What the European Commission wanted to achieve through this draft law is to speed up EU approvals of GM crops -despite the fact that the European public is opposed to them. Today’s deal would do very little to help those countries who want to say ‘no’ to GM.”

EU countries should also be allowed to adopt national bans in case of persisting scientific uncertainty over the safety of a GM crop, as requested by the European Parliament. In July 2011, the European Parliament had voted to strengthen this draft GM law by recognising environmental grounds for bans, including the development of herbicide resistant weeds and biodiversity impacts, or when adequate data on the potential negative impacts of GMOs in a specific country environment were lacking.

Environment ministers are expected to discuss this deal during their 12 June Council meeting. Once they reach an agreement, the new European Parliament will have to take a position on the draft law.

Note to editors:

(1) On 11 February 2014, nineteen countries voted against a Commission plan to allow the cultivation of GM maize 1507. They also expressed concerns about the democratic gap characterizing the EU decision-making process on GM and called for its reform. These countries were France, Italy, Hungary, Greece, Romania, Poland, the Netherlands, Austria, Bulgaria, Croatia, Cyprus, Denmark, Ireland, Latvia, Lithuania, Luxembourg, Malta, Slovakia, and Slovenia.

Only five countries were in favour of the approval of GM maize 1507 (Spain, the UK, Finland, Estonia and Sweden) and four abstained (Germany, Portugal, Czech Republic and Belgium). In January 2014, a two third majority of the European Parliament also opposed the approval of GM maize 1507, urging the Commission to withdraw its proposed authorisation.

Contacts:

Marco Contiero, Greenpeace EU agriculture policy director: +32 (0)477 77 70 34 (mobile)

Greenpeace EU pressdesk: +32 (0)2 274 1911, pressdesk.eu@greenpeace.org

For breaking news and comment on EU affairs: www.twitter.com/GreenpeaceEU

Greenpeace is an independent global campaigning organisation that acts to change attitudes and behaviour, to protect and conserve the environment and to promote peace. Greenpeace does not accept donations from governments, the EU, businesses or political parties.

Categories
agriculture
Tags
gmo, national bans gmos
Kwame 9 years ago

If the economy is not in a dire situation, then why are taxing our salaries as well as taxing even ATM withdrawals? Go tell it to the marines.

If the economy is not in a dire situation, then why are taxing our salaries as well as taxing even ATM withdrawals? Go tell it to the marines.
insight to the bone 9 years ago

this man is now talking from his sodomized ass . every credible organization in the world confirms Ghana is definitely under performing due to a very corrupt govt but this perverse ndc dont want to see it , just wait and when ...
read full comment

this man is now talking from his sodomized ass . every credible organization in the world confirms Ghana is definitely under performing due to a very corrupt govt but this perverse ndc dont want to see it , just wait and when our revolution comes you will smell the pepper
Mr. Figure-Out 9 years ago

"On the absence of the NPP at the forum, Vice President Amissah-Arthur said government will be looking at the issues raised by the NPP and if they are critical to help the economy, it will be incorporated into government’s ...
read full comment

"On the absence of the NPP at the forum, Vice President Amissah-Arthur said government will be looking at the issues raised by the NPP and if they are critical to help the economy, it will be incorporated into government’s measures, saying no one person is a repository of knowledge."
God 9 years ago

This sober attitude and admission of the difficulty are good for the speedy recovery of the economy. Advice should be given to those empty barons calling themselves ministers/dep. ministers, who insult elders and experts of e ...
read full comment

This sober attitude and admission of the difficulty are good for the speedy recovery of the economy. Advice should be given to those empty barons calling themselves ministers/dep. ministers, who insult elders and experts of economics to shut their gaps and listen to constructive criticisms from people perceived to be opposition.
Dr. med.William Acquah,Germany 9 years ago

If so, then get rid of the numerous arrears.Why can`t you tell the truth?Incompetent Gov`t!

If so, then get rid of the numerous arrears.Why can`t you tell the truth?Incompetent Gov`t!
Kasapa 9 years ago

Mr Vice President you have lost control and you may need an expert to assist you otherwise it will be worse than this.

Mr Vice President you have lost control and you may need an expert to assist you otherwise it will be worse than this.
Ntim Gyakari 9 years ago

The consolidation of the Senchi Communique was a nightmare for PV. That is why he died of heart attack!! This so called engineer has no grips with economics but still for his stomach he took the job of economists. Oh Useless ...
read full comment

The consolidation of the Senchi Communique was a nightmare for PV. That is why he died of heart attack!! This so called engineer has no grips with economics but still for his stomach he took the job of economists. Oh Useless Ghana and useless President Mahama.
Blake 9 years ago

This is abject nonsense. The data they have is different from the report out there that the economy is crumbling? What data? This is pure madness. I am dying and you are saying it's a lie your data says otherwise that I am in ...
read full comment

This is abject nonsense. The data they have is different from the report out there that the economy is crumbling? What data? This is pure madness. I am dying and you are saying it's a lie your data says otherwise that I am in the best state of health. What kind of leaders are these?
NANA AKUFO ADDO 9 years ago

THE ECONOMY IS NOT IN DIRE SITUATION. FOREIGN FORCES WHO DO NOT WANT TO SEE AFRICAN COUNTRIES SUCCEED ARE BEHIND THESE RUMORS. THESE FOREIGN GOVERNMENTS AND AGENTS WANT TO SEE US IN PERPETUAL THIRD WORLD STATUS. TODAY IT IS F ...
read full comment

THE ECONOMY IS NOT IN DIRE SITUATION. FOREIGN FORCES WHO DO NOT WANT TO SEE AFRICAN COUNTRIES SUCCEED ARE BEHIND THESE RUMORS. THESE FOREIGN GOVERNMENTS AND AGENTS WANT TO SEE US IN PERPETUAL THIRD WORLD STATUS. TODAY IT IS FITCH, TOMORROW IT IS WORLD BANK, NEXT WEEK IT WILL BE IMF. WHY DONT THESE DARN ORGANIZATIONS MIND THEIR OWN FUCKING BUSINESSES? IF THEY ARE THAT GOOD, WHY COULDN'T THEY PREDICT THE SUBPRIME CRISIS IN THEIR OWN BACKYARDS? WISE UP AFRICAN PEOPLE. DON'T FALL FOR THESE ORCHESTRATED TRAPS!!
Koo Nimo 9 years ago

Mr Vice Preisdent go to Makola with with the daily minimum wage 6 cedis and fine out how much food can be bought. I do not know your pay but you dont pay rent, you have free car and you ae probable saving your share of the nu ...
read full comment

Mr Vice Preisdent go to Makola with with the daily minimum wage 6 cedis and fine out how much food can be bought. I do not know your pay but you dont pay rent, you have free car and you ae probable saving your share of the numerous judgement debt in a foreign bank. I wish you well and hope that every night you have a good sleep. As for the rest of us we are sufferring. Please do not blame the worsening economic situation on PV's death
Egya 9 years ago

And he was BOG Governor?? No wonder we have problems!!

And he was BOG Governor?? No wonder we have problems!!
John Allotei 9 years ago

The Vice-President statement about the economy is symptomatic about the so-called educated Ghanaians be it professors, PHDs or any higher degree. The educated mostly CANNOT THINK OUTSIDE THE BOX one bit.

The VP talk about ...
read full comment

The Vice-President statement about the economy is symptomatic about the so-called educated Ghanaians be it professors, PHDs or any higher degree. The educated mostly CANNOT THINK OUTSIDE THE BOX one bit.

The VP talk about data available to them govt, what is data and where does it comes from? For a start data is supposed to be a representative sample of a state or a situation or a part of information of a population.
In Ghana most data and statistics are fake; because the people who gather such information knows that our stupid politicians would not take kindly to any unpalatable conclusions so they always present them with false 'juicy data and statistics'. This has been going on since the period of Kwame Nkrumah our first president.

Another important factor is only a fool does not know that in Ghana the informal /unofficial / Black market/ or whatever you called it - of the economy is larger than the official economy or the recorded economy so any intellectual or academic looking at official data has to be circumspect about everything and look more practically into what is happening in the environment or population to draw better conclusions and that's what most of the private agencies writing about economies do - "torture the data until it squeaks"

Thus for our VP who is supposed to be an academic because he lectured once at Legon University, have been Deputy Minister once, then Governor of Bank of Ghana recently before becoming a VP to be talking like that tells you where Ghana is now. I would even pardon the President when he says things like that but not the VP with his so called vast experience in Economics mostly based on the Ghanaian scene.

The truth of the matter is that most of our intellectuals and academics are keen to get their paper qualifications and want to be called Profs and Doctors even if not working as dons in the universities and cannot think outside the text books written by their colonial masters.

Ghana being a small country endowed with so much resources, if our numerous educated intellectuals and political leadership are any good, we could move from third world economy to developed country in a maximum of 20 years, but we know 'shelley' and only good at BOASTING WITH OUR DEGREES AND TITLES AND ATTENDING FUNERALS AT ANY OPPORTUNITY.

LETS ALL START BEING HUMBLE AND HAVE LOVE FOR OUR FELLOW HUMAN BEING AND WE MAY BEGIN THE UPWARD JOURNEY.
little 9 years ago

Mr. Vice, please let me ask you was P.V. the only person at the Senchi consensus? No His death does not mean everything should be stand still.
Spare us with this your drama because Ghanaians are not fools.

Mr. Vice, please let me ask you was P.V. the only person at the Senchi consensus? No His death does not mean everything should be stand still.
Spare us with this your drama because Ghanaians are not fools.
Deluded Faggot 9 years ago

This faggot is deluded. Go on the ground and ask the ordinary Ghanaian whether there is economic hardship. Our money is devaluing before our eyes . O is it because you are living courtesy of government funds that you cannot s ...
read full comment

This faggot is deluded. Go on the ground and ask the ordinary Ghanaian whether there is economic hardship. Our money is devaluing before our eyes . O is it because you are living courtesy of government funds that you cannot see this?
AHMED YACOB 9 years ago

Amissah-Arthur is so useless. Stop these excuses and do something. He has no clue as to the state of the economy and where it is heading to. Let the dead bury the dead.

Amissah-Arthur is so useless. Stop these excuses and do something. He has no clue as to the state of the economy and where it is heading to. Let the dead bury the dead.
CHE 9 years ago

The rating agency in its rating backed it up with numbers, the VP in rebutting the report should also talk numbers and not indulge in mere speculative wishes of the government in saying things will improve AND WE ARE NOT IN D ...
read full comment

The rating agency in its rating backed it up with numbers, the VP in rebutting the report should also talk numbers and not indulge in mere speculative wishes of the government in saying things will improve AND WE ARE NOT IN DIRE STRAITS.WHAT IS THE BUDGET DEFICIT NOW???, WHAT IS YOUR RESERVE SITUATION NOW?, WHAT STEPS DO YOU HAVE IN PLACE TO ADDRESS SHORTFALLS IN REVENUE?
jijk 9 years ago

THIS VP IS COMPLETELY OUT OF LINE WITH THE REALITY OF THE ECONOMIC HARDSHIPS GHANAIANS ARE GOING THROUGH. HE IS JUDGING THE ECONOMY BY DATA? DATA CAN BE FABRICATED TO SUIT WHAT THE GOVERNMENT WANTS TO PORTRAY? WHAT ABOUT THE ...
read full comment

THIS VP IS COMPLETELY OUT OF LINE WITH THE REALITY OF THE ECONOMIC HARDSHIPS GHANAIANS ARE GOING THROUGH. HE IS JUDGING THE ECONOMY BY DATA? DATA CAN BE FABRICATED TO SUIT WHAT THE GOVERNMENT WANTS TO PORTRAY? WHAT ABOUT THE REAL SITUATION AT MAKOLA, KEJETIA AND OTHER MARKET PLACES. MAHAMA'S GOVERNMENT IS COMPLELETY OUT OF TOUCH WITH THE SUFFERING OF GHANAIANS. DATA? DATA? MY FOOT!!!!!!!!!!!!!!
Lord Tennison 9 years ago

Paa Kwesi,please do not waste our ears.There is nothing spectacular about the Senchi deliberations.It was,at best,a pleasure trip.
Why would you,as a former governor of the Bank of Ghana and a former minister of finance, wai ...
read full comment

Paa Kwesi,please do not waste our ears.There is nothing spectacular about the Senchi deliberations.It was,at best,a pleasure trip.
Why would you,as a former governor of the Bank of Ghana and a former minister of finance, wait for Dr.Bawumiah,a former deputy governor,to lecture you on the state of our economy?Especially,when the solutions to our economic problems are not far-fetched,and some of them are found in high school economics textbooks?
You have mismanaged our economy and drove many Ghanaians back to square one.
You need to curtail the "everything is in Ghana" import policy and shoot for a significant balance of trade surplus.This the MOTHER of our socioeconomic problems.
Kofi 9 years ago

Mr. Amissah Arthur, you may have your data but the situation on the ground and your own inability to provide what you promised agree with what the international bodies are saying. You are owing everybody in country amid ever- ...
read full comment

Mr. Amissah Arthur, you may have your data but the situation on the ground and your own inability to provide what you promised agree with what the international bodies are saying. You are owing everybody in country amid ever-increasing tax burden. What is this telling you?
Nima Yaro 9 years ago

Ghana can use the DBRS rating system, debt-to-GDP(I) approach. Use the change approach and inflation effect on the Ghana's currency. Ghana is around 60% whereas the USA is around 110% and yet leading the world out of the glo ...
read full comment

Ghana can use the DBRS rating system, debt-to-GDP(I) approach. Use the change approach and inflation effect on the Ghana's currency. Ghana is around 60% whereas the USA is around 110% and yet leading the world out of the global economic crisis, so you are good.
HAZOR 9 years ago

If the economy is not in dire situation why is government going to IMF for bailout?Any attempt for bailout by IMF should consider the bailout to be a gift to NDC party and not a debt own to them by Ghanaian tax payers for we ...
read full comment

If the economy is not in dire situation why is government going to IMF for bailout?Any attempt for bailout by IMF should consider the bailout to be a gift to NDC party and not a debt own to them by Ghanaian tax payers for we will not pay that bailout debt and also we will revote and bring this government down.We did not benefit from the over 50 billion in counting loans this government has incur on citizens of Ghana.IMF should think before doing any stupid bailout that will cause pain and suffering that will land them in law suite from angry Ghanaians.If Ghana insist the economy is not in dire situation,so for sure bailout is unnecessary.
kk 9 years ago

Who is this fool deceiving?

Who is this fool deceiving?
Akwasi (London) 9 years ago

is this man fit to be the V.P. of Ghana? This demonstrates that this government has forfeited all credibility. Burying his head in the sand is not only stupid but dangerous.
Ghana must rid itself of these overfed incompe ...
read full comment

is this man fit to be the V.P. of Ghana? This demonstrates that this government has forfeited all credibility. Burying his head in the sand is not only stupid but dangerous.
Ghana must rid itself of these overfed incompetent thieves
jijk 9 years ago

IF THE VEEP IS JUDGING THE ECONOMY BY DATA, THEN HE IS COMPLETELY LOST. WHO MADE UP THOSE DATA AND WHO REALLY CARES IF THE MASSES CONTINUE TO SUFFER. OH NDC!!!!!!!!!!

IF THE VEEP IS JUDGING THE ECONOMY BY DATA, THEN HE IS COMPLETELY LOST. WHO MADE UP THOSE DATA AND WHO REALLY CARES IF THE MASSES CONTINUE TO SUFFER. OH NDC!!!!!!!!!!
The Mask 9 years ago

Boachsoft Finance 2012 software, developed in East Akyem Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Tema, is helping many families across the globe to balance the family budget, amortize ...
read full comment

Boachsoft Finance 2012 software, developed in East Akyem Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Tema, is helping many families across the globe to balance the family budget, amortize loans and save for the future.

The next version is set to be released in December 2015. Use only the 2012 version.

For more information on managing family finances read the following article:

blog(dot)boachsoft(dot)com
DATA 9 years ago

So what kind of data is available to gov't and in which direction is it pointing?
Again extrapolating and projecting from the data available, in which direction is the economy headed?
The Mahama led NDC gov't should prove ...
read full comment

So what kind of data is available to gov't and in which direction is it pointing?
Again extrapolating and projecting from the data available, in which direction is the economy headed?
The Mahama led NDC gov't should prove it's mettle and justify their salaries by engaging in a rational, intelligent and intellectual manner, because what pertains is an embarrassment, it is embarrassing, my goodness.
JJ 9 years ago

LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR ...
read full comment

LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR LIAR...
Jaq Kobasco, Brazil 9 years ago

No Govt will come out to declare it is in serious economic crisis until it is too late. This attitude is also a form of crisis management.

No Govt will come out to declare it is in serious economic crisis until it is too late. This attitude is also a form of crisis management.
Whatever 9 years ago

How can a country of Gold, oil, bauxite, diamond, the largest man-made lake in the world, naturally occurring cement and sitting in the tropics have a dire economy? The problem is Ghana's economy is in foreign hands. That is ...
read full comment

How can a country of Gold, oil, bauxite, diamond, the largest man-made lake in the world, naturally occurring cement and sitting in the tropics have a dire economy? The problem is Ghana's economy is in foreign hands. That is why we are pressuring our Government to do something about it because so long this situation continue, people won't feel the impact of these God bless resources in their lives
MARCUS AMPADU 9 years ago

Please Vice-President, just be mindful of what
Mahdi Emandjra said, not long ago,
" There are no longer 'rational' criteria for assessing the global economic and financial situation" anymore.
We have to use our own common ...
read full comment

Please Vice-President, just be mindful of what
Mahdi Emandjra said, not long ago,
" There are no longer 'rational' criteria for assessing the global economic and financial situation" anymore.
We have to use our own common sense, in the light of renewable sources of energy.
Antiochus - London 9 years ago

No excuses. NDC govt have failed the nation.

No excuses. NDC govt have failed the nation.
AMPEM DARKO 9 years ago

cos you get paid every month,stupid fool

cos you get paid every month,stupid fool

Economy is not in dire situation - Gov't

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (37)

Read Comments Comments (37)