They can go on strike if not happy. At least Mahama will use the money to fund the sanitary pads which will benefit their prostituting wives, daughters and sister.
They can go on strike if not happy. At least Mahama will use the money to fund the sanitary pads which will benefit their prostituting wives, daughters and sister.
moyo 11 years ago
Ghana labour is unproductive and reason the economy is not growing as it is expected.
Ghana labour is unproductive and reason the economy is not growing as it is expected.
Wisdom 11 years ago
Everything Is in tatters.
Sack these police officers and they will join forces as armed robbers with their experience and weapons plus Uniform
Everything Is in tatters.
Sack these police officers and they will join forces as armed robbers with their experience and weapons plus Uniform
Kofi, 11 years ago
Tweaa !
Tweaa !
Bernasko, Frankfurt 11 years ago
And these corrupt and dirty Ewe tribesmen will insult anybody who criticise this incompetent Mahama because they are feeding fat on him
And these corrupt and dirty Ewe tribesmen will insult anybody who criticise this incompetent Mahama because they are feeding fat on him
NBTT 11 years ago
The stranglehold of the Neo-Cons in Washington
On whose side is clueless and arrogant Obama on? Africans have now had plenty of time to study the man and there is nothing remotely in him to suggest he has any roots in Afric ... read full comment
The stranglehold of the Neo-Cons in Washington
On whose side is clueless and arrogant Obama on? Africans have now had plenty of time to study the man and there is nothing remotely in him to suggest he has any roots in Africa. Neither do Africans share many of the values he espouses. The man is either a closet Neo-con masquerading as a true democrat or a puppet President held captive by a clique of malevolent and sinister Neo-cons such as the notorious Victoria Nuland. These Neo-Cons are a group of politicians infesting the American political landscape who believe that America should dominate the world by hook or crook. They believe in active interventions in other countries in order to promote American interests. The influence of these politicians has syeadily grown in Washington and can be seen in the reckless ctions taken by the USA in Iraq and Libya. The trade mark of these dangerous American politicians is ARROGANCE AND HUBRIS WITH A VERY NARROW VIEW POINT OF WORLD HISTORY AND GEOPOLITICS. It isn't an exaggeration to say that this pathological group of American politicians have heavily influenced Obama's attitude towards Africa and Africans.
THE SINGLE MOST DANGEROUS TRAIT OF THESE NEO-CON POLITICIANS IS THE HUGE RISKS THEY ARE PREPARED TO TAKE IN ORDER TO FURTHER THEIR OBJECTIVES. HAVING BEEN INTOXICATED BY THEIR EASY AND SHORT TERM MILITARY VICTORIES IN IRAQ AND LIBYA WHERE THE FULL FORCE OF WESTERN POWER WAS DISPLAYED AGAINST INFINITELY WEAKER OPPONENTS THEY ARE NOE ADOPTING A SIMILAR CONFRONTATIONAL ATTITUDE TOWARDS RUSSIA, A POWERFUL NUCLEAR STATE. THE WORLD IS NOW DANGEROUSLY AT RISK OF NUCLEAR WAR AS A RESULT OF AMERICAN INTERFERENCE IN THE UKRAINE WHICH HAS MADE RUSSIA FEEL DANGEROUSLY EXPOSED STRATEGICALLY.
Corporate Vultures Descend on Ghana
Fear is the key. To get African leaders to do America's bidding the State Department's Dirty Tricks organisations, namely the NSA and CIA go ruthlessly to work. In most countries the USA already has infrastructure and networks in place that can be used if necessary to subvert and and stir up trouble for host countries. These are mostly innocent looking NGOs, think tanks whose budgets can be traced directly or indirectly back to the USA . Academic, Health and even some religious organisations have been infiltrated by these foreign intelligence organisations. Furthermore many of our influential media personalities,heads of professional bodies, journalist, corporate heads ,heads of important academic institutions,student leaders are sometimes recruited paid by these sinister foreign organisations.Political opposition leaders can come in useful and are often encouraged and funded by spy organisations to stir up trouble. All of these institutions are targeted and used by foreign intelligence organisations with access to generous budgets. THE USA MAY HAVE BEEN ANGERED BY THE TENDENCY OF THE CURRENT MAHAMA ADMINISTRATION TENDENCY TO CONTINUE TO TRADE AND DO BUSINESS WITH COUNTRIES LIKE CHINA NATURALLY AT THE EXPENSE OF A COUNTRY LIKE THE USA. THE TRUTH IS THAT COUNTRIES LIKE CHINA CONTINUE TO PRODUCE WHAT AFRICAN COUNTRIES AND OTHERS WANT.IN RETURN GHANA SUPPLIES THINGS CHINA NEEDS SUCH AS RAW MATERIALS. IN CONTRAST THE USA DOES NOT PRODUCE MUCH THAT A COUNTRY LIKE GHANA NEEDS OR WANTS. AMERICA THEREFORE SIMPLY RESORTS TO THREATS, COERCION AND ATTEMPTS TO BRING COUNTRIES UNDER ITS INFLUENCE BY OFFERING "LOANS" "DEVELOPMENT" AID INVARIABLY WITH STRINGS ATTACHED. A VERY IMPORTANT FACTOR WHICH HAS ENDERED THE CHINESE TO MANY DEVELOPING COUNTRIES IN AFRICA, ASIA AND ELSEWHERE IS THEIR EXCELLENT HABIT OF HELPING HOST NATIONS TO BUILD UP THEIR INFRASTRUCTURE SUCH AS ROADS ETC. DECADES AND DECADES OF CONTACT WITH WESTERN POWERS INCLUDING THE USA HAS NOT YIELDED SIMILAR RESULTS. IN SHORT WHILE OUR AMERICAN FRIENDS MAY SAY AND DO WHATEVER THEY LIKE THE TRUTH REMAINS THAT WESTERN COUNTRIES HAVE NOT BEEN OF AS MUCH USE TO AFRICA OR GHANA AS CHINA HAS BEEN.In an attempt to regain "lost ground" the State department in Washington is doing everything it can to lean heavily on African governments and where necessary even remove them (for example Muammar Gaddafi of Libya, who had massive trade with China).
FELLOW GHANAIANS JUDGE FOR YOURSELVES WHETHER ANY GOOD WILL COME OUT OF THIS SO-CALLED IMF LOAN. ALREADY I SEE CORPORATE AMERICAN VULTURES CIRCLING OVERHEAD AS GHANA IS BEING SLICED, DICED AND DISMEMBERED. EXPECT A FEEDING FRENZY AS THESE CORPORATE AND MULTINATIONAL PREDATORS DESCEND ON US. TO GIVE A CIVILISED APPEARANCE TO ALL OF THIS AFRICAN LEADERS ARE HAVING A "SUMMIT" WITH OBAMA IN WASHINGTON EVEN AS WE WRITE. PRAY. GHANAIANS PRAY AS NEVER BEFORE. PRAY THAT GHANA WILL BE ABLE TO ENDURE OR CAST OFF THE HEAVY YOKES ABOUT TO BE PLACED ON OUR NECKS.INFORMATION REVEALED HERE IS ALL PUBLICLY AVAILABLE AND SURPRISE SURPRISE FROM THE U.S.A. NOTHING BUT THE TRUTH (NBTT)CAN DELIVER US
Sam 11 years ago
IMANI is a prime suspect
IMANI is a prime suspect
The Trucker 11 years ago
Top Ten Reasons to Oppose the IMF
from Global Exchange
WHAT IS THE IMF?
The International Monetary Fund and the World Bank were created in 1994, shortly before the end of World War II, at a conference in Bretton Wood ... read full comment
Top Ten Reasons to Oppose the IMF
from Global Exchange
WHAT IS THE IMF?
The International Monetary Fund and the World Bank were created in 1994, shortly before the end of World War II, at a conference in Bretton Woods, New Hampshire. Both institutions are now based in Washington, DC. The IMF was designed to promote international economic cooperation and provide its member countries with short term loans in order to trade with other countries (achieve balance of payments). During the 1980's, the IMF took on an expanded role of lending money to "bailout" countries during financial crisis. This gave the IMF leverage to begin designing economic policies for over 60 countries. Countries have to follow these policies to get the IMF's "seal of approval" to get loans, international assistance, and even debt relief. Thus, the IMF has enormous influence not only in structuring the global economy, but also on real-life issues such as poverty, environmental sustainability and development. The IMF is one of the most powerful institutions on Earth--yet few know what it is. 1) The IMF has created a system of modern day colonialism that SAPs the poor to fatten the rich
The IMF, along with the WTO and the World Bank, is directing the global economy on a path of greater inequality and environmental destruction. The IMF's and World Bank's "structural adjustment policies" (SAPs) ensure debt repayment by requiring countries to cut spending on education and health; eliminate basic foods and transportation subsidies; devalue national currencies to make exports cheaper; privatize national assets; and freeze wages. These policies increase poverty, reduce countries' ability to develop strong domestic economies and allow multinational corporations to exploit workers and pollute the environment.
2) The IMF caters to wealthy countries and Wall Street
Although industrialized countries have not borrowed from the IMF in twenty years, rich countries dominate decision making. Voting power is determined by the amount of money that each country pays. The U.S. is the largest shareholder with a quota of 18%. U.S., Germany, Japan, France and Great Britain together hold about 38% of the vote. Each of these countries appoints their own representative to the executive board, while other groups of countries elect a representative. The U.S. Executive Director is Karin Lissakers, and she works closely with Lawrence Summers and the U.S. Treasury Department to design policy for the IMF. The disproportional amount of power held by wealthy countries translates into decisions that benefit wealthy bankers, investors and corporations from industrialized countries at the expense of sustainable development. Is it a surprise that the IMF then uses its leverage over cash-strapped developing countries to force them to open up to powerful transnational corporations?
3) The IMF is imposing a fundamentally flawed development model
Unlike the path followed by most industrialized countries, the IMF forces countries from the Global South to prioritize export production over the development of a diversified domestic economy. Nearly 80% of all malnourished children in the developing world live in countries where farmers have been forced to shift from food production for local consumption to the production of crops for export to the industrialized countries. The IMF also requires countries to eliminate tariffs and provide incentives for multinational corporations - such as reduced labor and environmental protections. Small businesses and farmers can't compete with large multinational corporations, resulting in sweatshop conditions where workers are paid starvation wages, live in inhumane conditions, and are unable to provide for their families. The cycle of poverty is perpetuated, not eliminated.
4) The IMF is a secretive institution with no accountability
The IMF is funded with taxpayer money, yet it operates from behind a veil of secrecy. For the most part, members of affected communities do not participate in designing loan packages. The IMF works with a select group of central bankers and finance ministry staff to decide polices without input from other government agencies such as health, education and environment departments. Furthermore, the IMF has resisted attempts to open up to public scrutiny and independent evaluation. The IMF has made elites from the Global South more accountable to First World elites than their own people.
5) IMF policies promote corporate welfare
To increase exports, countries are encouraged to give tax breaks and subsidies to export industries. Assets such as forestland and government utilities (phone, water and electricity companies) are sold off to foreign investors at rock bottom prices. Some examples: In Guyana, an Asian owned timber company called Barama received a logging concession that was 1.5 times the total amount of land all the indigenous communities were granted. Barama also received a five-year tax holiday. The IMF forced Haiti to open its market to imported, highly subsidized U.S. rice at the same time it prohibited Haiti from subsidizing its own farmers. A US corporation called Early Rice now sells nearly 50% of the rice consumed in Haiti. Haitian farmers have been forced off their land to seek work in sweatshops, and people are poorer than ever.
6) The IMF hurts workers
Many SAPs require changes in labor laws, such as eliminating collective bargaining laws and lowering wages in order to provide conditions favorable to attracting foreign investors. The IMF's mantra of "labor flexibility" permits corporations to fire at whim and move where wages are cheapest. According to the 1995 UN Trade and Development Report, employers are using this extra "flexibility" in labor laws to shed workers, rather than create jobs. In Haiti, the government was told to eliminate a statute in their labor code that mandated increases in the minimum wage when inflation exceeded 10%. By the end of 1997, Haiti's minimum wage was only $2.40 a day, just one-fifth of the minimum wage in 1971 in real terms. Workers in the U.S. are also hurt by IMF policies by having to compete with cheap, exploited labor. Two years ago, the IMF's mismanagement of the Asian financial crisis plunged South Korea, Indonesia, Thailand and other countries into deep depression that led to the creation of 200 million "newly poor." The IMF advised countries to "export their way out of the crisis." Consequently, the dumping of Asian steel in U.S. markets resulted in the layoffs of over 12,000 steelworkers.
7) The IMF's policies hurt women the most
SAPs make it much more difficult for women to meet their families' basic needs. When education costs rise due to user fees, girls are the first to be withdrawn from schools. User fees in public health facilities make it unaffordable to those who need it most. The shift to export agriculture also makes feeding one's family increasingly difficult. Women have also become more exploited in the private sector workforce as regulations are rolled back and sweatshops abound. The general lack of economic opportunity has meant an increase in prostitution and other black market jobs and indentured servitude.
8) IMF Policies hurt the environment
IMF loans and bailout packages are paving the way for natural resource exploitation on a staggering scale. The IMF does not consider environmental impacts of lending policies; and environmental ministries and groups are not included in policy making. The focus on export growth to earn hard currency to pay back loans means unsustainable liquidation of natural resources. Government cutbacks inevitably target the environmental ministry as one of the first agencies to come under the budget axe. This happened with the bailouts of Brazil, Indonesia, and Russia--countries that are renowned for their great biodiversity.
9) The IMF bails out rich bankers, creating a moral hazard and greater instability in the global economy
The IMF pushes countries to dismantle trade and investment rules, as well as raise interest rates in order to lower inflation. The removal of regulations that might limit speculation has greatly increased capital investment in developing country financial markets. More than $1.5 trillion crosses borders every day. This capital is short-term, unstable, and puts countries at the whim of financial speculators. The Mexican 1995 peso crisis was partly a result of these IMF policies. When the bubble popped, the IMF and US government stepped in to prop up interest and exchange rates, using taxpayer money to bailout Wall Street bankers for their high-risk investment. This encourages investors to continue making risky, speculative bets, increasing the instability of national economies. Furthermore, during the bailout of Asian countries, the IMF restored rich people's profits while implementing policies that threw people out of work and increased poverty. Asian governments were required to assume the bad debts of private banks, thus making the public pay the costs and draining yet more resources away from social programs and real development.
10) IMF bailouts deepen, rather then solve, economic crisis
During financial crises, such as with Mexico in 1995 and South Korea, Indonesia, Thailand, Brazil, and Russia in 1997, the IMF stepped in as the lender of last resort to "bail out" countries with huge loan packages. Yet the IMF bailouts in the Asian financial crisis did not stop the financial panic--instead, the crisis deepened and spread to more countries. The policies imposed as conditions of these loans were bad medicine, causing layoffs in the short run and undermining development in the long run. In South Korea, the IMF sparked a recession by raising interest rates and lowering the currency, resulting in more bankruptcies, increased unemployment, and government spending cuts. Under the IMF-imposed economic reforms after the peso bailout in 1995, the number of Mexicans living in extreme poverty increased more than 50% and the national average minimum wage fell 20%.
Michael 11 years ago
It is rather unfortunate every organized group is demanding from things from the government of Ghana almost everyday without assisting in providing solutions. Now when the government turns to IMF they complain. What should ... read full comment
It is rather unfortunate every organized group is demanding from things from the government of Ghana almost everyday without assisting in providing solutions. Now when the government turns to IMF they complain. What should the government do if your export revenue is far less than your imports and a big chunk of our internally revenue is used to pay salaries. When the NPP government decided to go HIPC, they were opposed. When NDC is not able to get the economy going and decides to seek assistance from IMF there is opposition. I wish the days of Operation Feed Yourself can be resurrected in Ghana. Those were the days of patriotism. Our patriotism has shifted to blind party patriotism.
ROY 11 years ago
THE BUDGET DEFICIT WHICH IS A SERIOUS FISCAL PROBLEM FACING THE GOVERNMENT WAS PARTLY CAUSED BY THE IMPLEMENTATION OF THE SINGLE SPINE SALARY (SSS)DEMANDED BY ORGANIZED LABOUR SO YOU SHOULD KEEP QUIET AND TAKE THE "IMF PILL" ... read full comment
THE BUDGET DEFICIT WHICH IS A SERIOUS FISCAL PROBLEM FACING THE GOVERNMENT WAS PARTLY CAUSED BY THE IMPLEMENTATION OF THE SINGLE SPINE SALARY (SSS)DEMANDED BY ORGANIZED LABOUR SO YOU SHOULD KEEP QUIET AND TAKE THE "IMF PILL" WHEN IT COMES.
BENONY TONY AMEKUDZI, ESQ. 11 years ago
DEAR H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA,
TO RESPECTFULLY REFER TO THE ABOVE RELATED SUBJECT_MATTER VIS-A-VIS OUR INNOVATIVE REQUEST FOR A SUMMIT TO HELP GHANA AND OTHER AFRICAN COUNTRIES TO OVER COME THEIR ECONOMIC ... read full comment
DEAR H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA,
TO RESPECTFULLY REFER TO THE ABOVE RELATED SUBJECT_MATTER VIS-A-VIS OUR INNOVATIVE REQUEST FOR A SUMMIT TO HELP GHANA AND OTHER AFRICAN COUNTRIES TO OVER COME THEIR ECONOMIC AND OTHER RELATED CHALLENGES.
THAT THE US-AFRICA SUNNIT IN WASHINGTON, DC SPEAKS FOR ITSELF AND STILL THOSE WHO CANNOT UNDERSTAND AND ALSO TO SEE THE VISION OF FRIENDSHIP AS A PROMISE ARE STILL CALLING FOR THEIR DEFEATED INTENDED DEMONSTRATION.
THAT H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA AND OTHER AFRICAN HEADS OF STATE TO HUMBLY AND RESPECTFULLY JOIN ME TO CONVEY OUR BEST GRATITUDE AND THANKS TO H.E.DR.MR>PRESIDENT BARACK OBAMA AND FEDERAL GOVERNMENT OF UNITED STATES OF AMERICA AND OTHER INVITED GUESTS AND OBSERVERS FOR THE GREAT PASSION AND COMPASSION THEY HAVE FOR GHANA AND AFRICA.
THAT THE RESULTS ARE AS FOLLOWS:
usiness News of Wednesday, 6 August 2014
Source: BBC
US-Africa Summit: US firms to invest $14bn in Africa
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Obama 1
US companies have pledged $14bn (£8.3bn) of investment in Africa in areas such as energy and infrastructure, US President Barack Obama has said.
The announcement came at the first US-Africa Leaders’ Summit, attended by over 40 African heads of state.
The summit is an effort to strengthen US ties with Africa as China increases its African investments.
Mr Obama also hosted a dinner for African leaders at the White House.
The deals announced on Tuesday included a $5bn partnership between private-equity firm Blackstone and Aliko Dangote, Africa’s richest businessman, for energy infrastructure projects in sub-Saharan Africa, as well as more investments in Mr Obama’s Power Africa initiative.
According to the White House, Power Africa received an additional $12bn in pledges towards its effort to develop energy supplies on Africa through a mix of investment and state involvement.
The World Bank announced a $5bn investment in Power Africa and General Electric said it had committed $2bn to help boost infrastructure and access to energy.
“We gave it to the Europeans first and to the Chinese later, but today it’s wide open for us,” said General Electric chief executive Jeff Immelt.
Mr Obama also said that the US would offer an additional $7bn of financing through the Doing Business in Africa (DBIA) Campaign, bringing the total new US commitments to investment in Africa announced on Tuesday to $33bn.
“Up to tens of thousands of American jobs are supported every time we expand trade with Africa”, said Mr Obama.
“As critical as all these investments are, the key to unlocking the next era of African growth is not going to be here in the US, it is going to be in Africa, ” he added.
The three-day summit ends on Wednesday.
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INTERNATIONAL LAWYER/LEGAL CONSULTANT
Obournana 11 years ago
All redundant workers must be sacked and hard workers paid well. Let every worker reapply and sign an agreement specifying responsibilities and conditions as in the US to stop all the nonsense from those bunch of political id ... read full comment
All redundant workers must be sacked and hard workers paid well. Let every worker reapply and sign an agreement specifying responsibilities and conditions as in the US to stop all the nonsense from those bunch of political idiots from their chaotic behavior.
Arya Samana 11 years ago
Again, we have an African government which loves to put its population into slavery forever and by going, again, to the IMF (and World Bank) for the loan punishment the population has been suffering for many decades. Thanks t ... read full comment
Again, we have an African government which loves to put its population into slavery forever and by going, again, to the IMF (and World Bank) for the loan punishment the population has been suffering for many decades. Thanks to the western financial institutions! Mahama and his stooges should think realistically and for and with Africa in mind. US and UK have had some evil agendas for Africa. Look at what they have done in Lybia, South Sudan, Nigeria (north) and now Kenya! DO NOT TRUST OR WORK with these agents of the decil.
K.Gyesi 11 years ago
Well spoken my brother!
Government is for the people by the people indeed!
We don't want IMF EPA GMO world bank period!!!
Choooooooooo Boiiiiiiiiiiii!!!
Well spoken my brother!
Government is for the people by the people indeed!
We don't want IMF EPA GMO world bank period!!!
Choooooooooo Boiiiiiiiiiiii!!!
DONBOLI 11 years ago
Organised Labour has been sleeping for a long time. Where were this Labour organisers when IMF and EU gave ghana policies to follow before they give money.
Where were Organised Labour when John Mahama and Hannah Tetteh signe ... read full comment
Organised Labour has been sleeping for a long time. Where were this Labour organisers when IMF and EU gave ghana policies to follow before they give money.
Where were Organised Labour when John Mahama and Hannah Tetteh signed a trade partnership with the EU.
How many people took the pain to read the terms of this agreement. How many people knew John Mahama use ECOWAS as a cover up to sign a EPA which Dr Chambas didnt approve. It was Dr Chambas who was represent ghana with the EU in the drafting stage, because he didnt believe it was fair for ghana John Mahama sack him.
Ghana and Ghanaians are back to our clonel masters our fore father fought against. EU partnership in ghanaians affairs was what our fathers and grandfather fought with their blood for.
How can John Mahama think Ghana should partner the very people we asked to leave our affairs to ourselfs in 1957.
Countries dont partner another country. Ghana can have trade with EU not partner EU.
Partnership means owner. EU cant and should not own any part of ghana.
Trade agreement is not partnership trade agreement. How many people have hear of European Partnership Agreement EPA the agreement sign by JM for EU to control our trade.
John Mahama govt policies are not the policies of NDC and no member of NDC is saying nothing. IMF and EU gives and control ALL policies taken by JM. These are the worst policies any govt can let its people go thru. Ghanaians are going to lose millions of jobs within all govt dept.
Ghana is not really for the charge EU wants from ghana. The govt cant create jobs because EU and IMF wouldnt allow it. They want more people out of the govt pay register.
John Mahama is the most wicked president.
All the promise of EU and IMF is stil cross fingers. What about the fail ghana as they have been doing for years. Ghana is still waiting for Chineans Loan.
Nobody should think the money US is giving to Ghana is new money, the money was given to ghana 2000.
If JM cant get a new promise of money we should call him useless.
The good example of NPP and how they used the first money is the reason why US govt is giving the money.
Tito 11 years ago
I am also very suspicious about the TUC. I really dont know whether the TUC, together with Mahama, are on our side, or on the side of our enemies.
Having read the contribution, IMF VAMPIRE BITES INTO GHANA'S NECK
by NBTT ... read full comment
I am also very suspicious about the TUC. I really dont know whether the TUC, together with Mahama, are on our side, or on the side of our enemies.
Having read the contribution, IMF VAMPIRE BITES INTO GHANA'S NECK
by NBTT above, I am even more convinced that the TUC leadership is also under the thumb of the wicked blood-sucking vampires.
Haile Mengistus Manasseh V11 11 years ago
What are they "TUC" complaining about? Few days ago you decided to hit the streets instead of going to work. You want gov't to solve problems for you. Instead of dialogue with gov't over means and ways to solve the country's ... read full comment
What are they "TUC" complaining about? Few days ago you decided to hit the streets instead of going to work. You want gov't to solve problems for you. Instead of dialogue with gov't over means and ways to solve the country's economic problems you went the riot way. Now gov't want to show you that the quickest ways and means of responding to your non-cooperative behaviour and impatience is to seek the help of the world's financial doctor the IMF. The economy has gone beyond emergency treatment.The real prescriptions are on the way coming.The over blown non productive sectors of the labour front would be prone to make way for equilibrium and equity. Every worker must be made to work to justify what he earns and nothing more or less. This is not the time to complain it is time to face the truth.
Lord Tennison 11 years ago
The country is broke through economic mismanagement.
The NDC is bankrupt of ideas to reverse the direction of the economy.If
all the loans contracted were judiciously spent to generate the consumption of goods and services ... read full comment
The country is broke through economic mismanagement.
The NDC is bankrupt of ideas to reverse the direction of the economy.If
all the loans contracted were judiciously spent to generate the consumption of goods and services,we would have been in a better shape.
At this juncture,they are in a land of fantasy.The Better Ghana agenda is a mirage.The money to finance it is not available.To issue a Bond whose interest payment is almost equal to the principal,is an act of desperation.Unless there is an alternative soothing funding source at our disposal,we cannot avoid the IMF.
The incompetent John Mahama-led NDC government has brought this upon Ghana.
The antagonism that has characterized the Fund's SOS efforts over the years should be put under the microscope.
The Fund should not be seen as the Devil's Advocate running around imposing harsh and unbearable conditions in poor developing countries.Rather, their efforts should be seen as one to put us back on track for our ultimate betterment.
They can go on strike if not happy. At least Mahama will use the money to fund the sanitary pads which will benefit their prostituting wives, daughters and sister.
Ghana labour is unproductive and reason the economy is not growing as it is expected.
Everything Is in tatters.
Sack these police officers and they will join forces as armed robbers with their experience and weapons plus Uniform
Tweaa !
And these corrupt and dirty Ewe tribesmen will insult anybody who criticise this incompetent Mahama because they are feeding fat on him
The stranglehold of the Neo-Cons in Washington
On whose side is clueless and arrogant Obama on? Africans have now had plenty of time to study the man and there is nothing remotely in him to suggest he has any roots in Afric ...
read full comment
IMANI is a prime suspect
Top Ten Reasons to Oppose the IMF
from Global Exchange
WHAT IS THE IMF?
The International Monetary Fund and the World Bank were created in 1994, shortly before the end of World War II, at a conference in Bretton Wood ...
read full comment
It is rather unfortunate every organized group is demanding from things from the government of Ghana almost everyday without assisting in providing solutions. Now when the government turns to IMF they complain. What should ...
read full comment
THE BUDGET DEFICIT WHICH IS A SERIOUS FISCAL PROBLEM FACING THE GOVERNMENT WAS PARTLY CAUSED BY THE IMPLEMENTATION OF THE SINGLE SPINE SALARY (SSS)DEMANDED BY ORGANIZED LABOUR SO YOU SHOULD KEEP QUIET AND TAKE THE "IMF PILL" ...
read full comment
DEAR H.E.PRESIDENT OF GHANA JOHN DRAMANI MAHAMA,
TO RESPECTFULLY REFER TO THE ABOVE RELATED SUBJECT_MATTER VIS-A-VIS OUR INNOVATIVE REQUEST FOR A SUMMIT TO HELP GHANA AND OTHER AFRICAN COUNTRIES TO OVER COME THEIR ECONOMIC ...
read full comment
All redundant workers must be sacked and hard workers paid well. Let every worker reapply and sign an agreement specifying responsibilities and conditions as in the US to stop all the nonsense from those bunch of political id ...
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Again, we have an African government which loves to put its population into slavery forever and by going, again, to the IMF (and World Bank) for the loan punishment the population has been suffering for many decades. Thanks t ...
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Well spoken my brother!
Government is for the people by the people indeed!
We don't want IMF EPA GMO world bank period!!!
Choooooooooo Boiiiiiiiiiiii!!!
Organised Labour has been sleeping for a long time. Where were this Labour organisers when IMF and EU gave ghana policies to follow before they give money.
Where were Organised Labour when John Mahama and Hannah Tetteh signe ...
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I am also very suspicious about the TUC. I really dont know whether the TUC, together with Mahama, are on our side, or on the side of our enemies.
Having read the contribution, IMF VAMPIRE BITES INTO GHANA'S NECK
by NBTT ...
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What are they "TUC" complaining about? Few days ago you decided to hit the streets instead of going to work. You want gov't to solve problems for you. Instead of dialogue with gov't over means and ways to solve the country's ...
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The country is broke through economic mismanagement.
The NDC is bankrupt of ideas to reverse the direction of the economy.If
all the loans contracted were judiciously spent to generate the consumption of goods and services ...
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