NPP WERE BRAGGING WITH IMF MONEY FOR THEIR SUCCESS
NPP WERE BRAGGING WITH IMF MONEY FOR THEIR SUCCESS
PRINCE KWASI ADADE (OFIE P33) 9 years ago
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion in six years an ... read full comment
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion in six years and ask yourself what they have done with all that money,” the running mate to Nana Akufo-Addo said.
He said, though a lot more money has been spent, it is a paradox of economic management that this level of excessive spending has only led to greater hardships being visited on the people.
“NDC inherited a public debt stock of GHS9.5 billion in 2009,” the former Deputy Governor of the central bank said. “Today, Ghana’s debt has gone up to GHS65.7 billion. So when I say the stakes are high I am talking about the destiny of our country, Ghana, the future of the youth.”
“The NDC has been taxing everything, including condoms and cutlasses. In terms of resources, this NDC government has had more resources than any other government. We did not have oil. Yet, Ghanaians know what we did with the limited resources we had. We spent money responsibly to create the NHIS, introduce Capitation Grant, expand access to education, we spent wisely on infrastructure and built more roads than any other government,” he said.
Agyemann Osei 9 years ago
please tell your Bawumia to grow up before talking,
Has he forgotten what kuffour did the first 6years in office??
kuffour borrowed, sold ghana to hipc and went to imf.
Ndc., Borrowed yes, went IMF, yes but did not sold g ... read full comment
please tell your Bawumia to grow up before talking,
Has he forgotten what kuffour did the first 6years in office??
kuffour borrowed, sold ghana to hipc and went to imf.
Ndc., Borrowed yes, went IMF, yes but did not sold ghana to Hipc.
fools grow up
we are wiser than you think.
jOE BOY 9 years ago
NPP REALLY SHOULD SHUT UP; SO THAT WE WILL CAMPARE THEM AND TRASH THEM WITH NDC;:
NPP REALLY SHOULD SHUT UP; SO THAT WE WILL CAMPARE THEM AND TRASH THEM WITH NDC;:
jOE BOY 9 years ago
CORRECTION
CORRECTION
bens 9 years ago
you see how stupid you are?
how much did kuffour borrowed before selling ghana to hipc.
that 5.5billion was even after he sold ghana to hipc. fools
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed U ... read full comment
you see how stupid you are?
how much did kuffour borrowed before selling ghana to hipc.
that 5.5billion was even after he sold ghana to hipc. fools
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion
TOGBE AGOVE IV 9 years ago
ABOAFUNU IT WAS YOUR STUPID RAWSHIT WHO SENT YOU TO HIPC.HOW MUCH DID RAWLINGS LEFT BEHIND AFTER SHARING OUR MONEY TO HIS NDC BOSSES.YOU COMMENT AS IF THERE IS NO BRAIN YOUR SKULL.HE CAME WITH ACCOUNTABILITY BUT LEFT WITHOUT ... read full comment
ABOAFUNU IT WAS YOUR STUPID RAWSHIT WHO SENT YOU TO HIPC.HOW MUCH DID RAWLINGS LEFT BEHIND AFTER SHARING OUR MONEY TO HIS NDC BOSSES.YOU COMMENT AS IF THERE IS NO BRAIN YOUR SKULL.HE CAME WITH ACCOUNTABILITY BUT LEFT WITHOUT ACCOUNTING TO YOU ANYONE,YOU ARE RATHER STUPID LIKE YOUR PARTY FOUNDER AND THAT YOUR ADWANFUNU LEADER.
BBC NEWS! !!!!!!!!!!!!!!!!!!!!!!!!!!! 9 years ago
Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not l ... read full comment
Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not lead the country Ghana.
pop 9 years ago
do you know how much debt from NPP borrowing was cancelled by HIPC??
let ndc too go hipc and we see how much did the borrow. it maybe zero cedis comparing to npp.
do you know how much debt from NPP borrowing was cancelled by HIPC??
let ndc too go hipc and we see how much did the borrow. it maybe zero cedis comparing to npp.
mugu1 9 years ago
hey pop do you know what HIPC is ? otherwise you wouldn't pop your shamefull head up for that silly question
hey pop do you know what HIPC is ? otherwise you wouldn't pop your shamefull head up for that silly question
Captein 9 years ago
It is very easy to mislead and misinform the people for political gains. Since Ghana is not accounting savvy and people tend to see only two dimensional whereas we are currently in 5.0 I would say you may be right but how abo ... read full comment
It is very easy to mislead and misinform the people for political gains. Since Ghana is not accounting savvy and people tend to see only two dimensional whereas we are currently in 5.0 I would say you may be right but how about doing the double ledger that you are used to for a second.
And you will know that if you added the gifted money from HIPC I, HIPCII, MDA, AGOA most favored status, etc. also the infamous redenomination in Ghana of July 2007, which is replacing every money that Ghana and Ghanaians had at home and anywhere in the world could be brought and changed without any questioning and no limitation or deadline, very openended invitation to even laundered money the was redenominated under Bawumio
ivy 9 years ago
NDC IS GOING TO ROCK THE COUNTRY NOW; NPP WILL BE HISTORY:
NDC IS GOING TO ROCK THE COUNTRY NOW; NPP WILL BE HISTORY:
JDiM 9 years ago
NDC has already done the looting of IMF loan they are like dogs you can't trust them with bones.
NDC has already done the looting of IMF loan they are like dogs you can't trust them with bones.
Agyemann Osei 9 years ago
that is it, that is why npp is affraid, because, npp did totally nothing until Hipc and imf came to thei rescue
that is it, that is why npp is affraid, because, npp did totally nothing until Hipc and imf came to thei rescue
BERE 9 years ago
NPP COULD NOT ANYTHING BEFORE IMF CAME TO THEIR RESQUE; THE SAME THING IS GOING TO HAPPEN WITH NDC
NPP COULD NOT ANYTHING BEFORE IMF CAME TO THEIR RESQUE; THE SAME THING IS GOING TO HAPPEN WITH NDC
freedom&corruption 9 years ago
rescue NOT 'resque' please
rescue NOT 'resque' please
BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 9 years ago
LEAVE NPP ALONE AND FIX THE ECONOMY, BEFORE GHANAIANS KICK YOUR USELESS ASS OFF JUBILEE HOUSE, EVEN DEAD GOAT MAHAMA KNOWS IMF WILL BRING HARDSIP SINCE THE WHOLE MONEY IS FOR NDC CAMPAIGN
LEAVE NPP ALONE AND FIX THE ECONOMY, BEFORE GHANAIANS KICK YOUR USELESS ASS OFF JUBILEE HOUSE, EVEN DEAD GOAT MAHAMA KNOWS IMF WILL BRING HARDSIP SINCE THE WHOLE MONEY IS FOR NDC CAMPAIGN
KWAA 9 years ago
So NDC is not ashamed that,they have run to the IMF.Now they are rejoicing over a $940,million dollar loan.My God,which type of myopic leadership do we have in Ghana?If they couldn't manage $27 billion loans in six years,why ... read full comment
So NDC is not ashamed that,they have run to the IMF.Now they are rejoicing over a $940,million dollar loan.My God,which type of myopic leadership do we have in Ghana?If they couldn't manage $27 billion loans in six years,why do they think $940million can make a difference?Are they not ashamed to borrow money to pay off interest on debts?And they think IMF will solve all the mess they have plunged Ghana into.
SARPONG 9 years ago
Are these Ndc people that stupid? How can 978 million dollars bail out this messed up economy with strigent rules when more than 20 billion dollars borrowed the past four years has not solved our problems?
This loan is goi ... read full comment
Are these Ndc people that stupid? How can 978 million dollars bail out this messed up economy with strigent rules when more than 20 billion dollars borrowed the past four years has not solved our problems?
This loan is going to be released in three tranches for the next three years with the first one for this year being a mere $114 million. Even some of this money will not be released into the economy as the government has said it will use part of this loan to settle part of its indebtedness to Bank of Ghana.
One billion borrowed through the sale of government bonds last year did not see any improvement in the economy and you expect $114 million this year to change the lives of Ghanaians? These Ndc fool soldiers are really out to lunch.
KEKELI 9 years ago
NPP ARE PROPHETS OF DOOM.
NPP ARE PROPHETS OF DOOM.
JDM 9 years ago
If 3 billion dollars chinese loan couldn't help how can 918 million dollars do?
If 3 billion dollars chinese loan couldn't help how can 918 million dollars do?
ben 9 years ago
Panicking for what.whilst sending us back to IMF.hmmm Ghana.NDC also wants us to go into slavely again.criminals and idiots.bogus.
Panicking for what.whilst sending us back to IMF.hmmm Ghana.NDC also wants us to go into slavely again.criminals and idiots.bogus.
kakabo 9 years ago
You can spin this propaganda for as much as you can. The NDC have had not less than $26 billion in loans and revenues in 6 years and yet the country is in shit. So what magic do you think $900m in 3 years can do. Go on tick ... read full comment
You can spin this propaganda for as much as you can. The NDC have had not less than $26 billion in loans and revenues in 6 years and yet the country is in shit. So what magic do you think $900m in 3 years can do. Go on tickle yourself and laugh . Madness at the highest level.
BOTAN AYO 9 years ago
CAN NDC DO BETTER THING WITH $960 MILLION . THEY WILL STEAL MORE THAN $300MILLION. THEY ARE GOOD IN STEALING GHANA MONIES. CLUELESS GOVERNMENT.
CAN NDC DO BETTER THING WITH $960 MILLION . THEY WILL STEAL MORE THAN $300MILLION. THEY ARE GOOD IN STEALING GHANA MONIES. CLUELESS GOVERNMENT.
Nii Lartey Nartey. 9 years ago
NPP is made of intelligent and brilliant people who can add up economic indicators and predict the outcome right and therefore can not be threaten by any bailout monies and projects which are designed to further worsen the su ... read full comment
NPP is made of intelligent and brilliant people who can add up economic indicators and predict the outcome right and therefore can not be threaten by any bailout monies and projects which are designed to further worsen the suffering of the
country and people.
Just show me where in the entire world where IMF bailouts has brought a single relief to that country, just one?
Ghana in the 90s under the Rawlings's long term served finance minister, the so called IMF darling boy, Kwesi Botchey, had millions of bailouts from same exploitative institution with hundreds promised projects, now just show me a single beneficial structure we gained as legacy from all those bailouts? If anything, the IMF bailouts only criminally put monies in foreign accounts of the former campus poor rats who shamelessly today walk as the country's most rich free on our streets and sleeping in huge mansions comfortably with their families.
NPP is full of self made internationally respected academics and professionals unlike the violently tyrant outlawed criminally adored NDC bigotries.
HON. SAM 9 years ago
Thank you Sir.
They berated Dr.Bawumia for predicting that Ghana would have to go to the IMF for a bailout,and the Dr.has been proven right.
Thank you Sir.
They berated Dr.Bawumia for predicting that Ghana would have to go to the IMF for a bailout,and the Dr.has been proven right.
BERE 9 years ago
NPP DID EVERYTHING TO BLOCK NDC SUCCESS
NPP DID EVERYTHING TO BLOCK NDC SUCCESS
Danny 9 years ago
As a country ,we cannot manage our affiars and proud of bail outs.Is this what the founding fathers of Ghana fought for? We need to be able to mage our own resources and economy instead of the current trend. If te politician ... read full comment
As a country ,we cannot manage our affiars and proud of bail outs.Is this what the founding fathers of Ghana fought for? We need to be able to mage our own resources and economy instead of the current trend. If te politicians cannot do that ,then they are there for the loot.Ghana after 58 years still looking for bailouts. No need for any Ghanaian to be happy.
Kwame-Belgium 9 years ago
Oh, am so sorry for my NPP people. We must accept it that we know everything too much and this is not good for Ghana.
BRAVO, NDC
Oh, am so sorry for my NPP people. We must accept it that we know everything too much and this is not good for Ghana.
BRAVO, NDC
Joe 9 years ago
Hahahaaa we have a lot of jokers in this country!!! If after borrowing $60 billion you failed to make an impact what can $900million do?? This government is a waste of our time.
Hahahaaa we have a lot of jokers in this country!!! If after borrowing $60 billion you failed to make an impact what can $900million do?? This government is a waste of our time.
KWASHIE ADJAH 9 years ago
THIS NDC PARTY IS SO SHALLOW IN THEIR ASSESSMENT OF THE CURRENT ECONOMIC STRAITS OF THE NATION, IT BEGGARS BELIEF. A PALTRY IMF BAILOUT FUNDS OF US$900 MILLION FOR THREE YEARS, @US$300 MILLION A YEAR(US$110 MILLION OF THIS PA ... read full comment
THIS NDC PARTY IS SO SHALLOW IN THEIR ASSESSMENT OF THE CURRENT ECONOMIC STRAITS OF THE NATION, IT BEGGARS BELIEF. A PALTRY IMF BAILOUT FUNDS OF US$900 MILLION FOR THREE YEARS, @US$300 MILLION A YEAR(US$110 MILLION OF THIS PAID TO BANK OF GHANA TO SUPPORT THE DEPRECIATING CEDI) AND NDC THINK THIS AMOUNT WILL DEAL WITH THE ECONOMIC HARDSHIPS OF GHANA. THE SHALLOWNESS OF NDC THINKERS IS NO DOUBT THE CAUSE OF GHANA'S CURRENT PREDICAMENT. THE NDC AS PARTY, HAS NO PROPER GRASP OF HOW THE ECONOMY WORKS AND HOW TO RUN IT, HENCE THE WASTED 26 YEARS OF GHANA'S HISTORY AS A NATION, FRAUGHT WITH STEALING, GROSS CORRUPTION, INCOMPETENCE, INEPTITUDE, LAWLESSNESS, POVERTY, SUFFERING AND HOPELESSNESS. GHANA IS IN TROUBLE AND THE NDC IS YET CANNOT FATHOM THE DIRE SITUATION GHANA IS IN, TILL THEY SEE THE REALITY OF THEIR MISRULE AND FOLLY IN RUINING GHANA'S ECONOMY, LAID BARE BEFORE THEM.
candy wiafe 9 years ago
I pity those who are clapping for NDC for their successful dragging of Ghana into IMF strings - how can u own are car n the steering wheel is operated by your detractors?. who told you IMF has something palatable for Ghana - ... read full comment
I pity those who are clapping for NDC for their successful dragging of Ghana into IMF strings - how can u own are car n the steering wheel is operated by your detractors?. who told you IMF has something palatable for Ghana - you can insult , insinuate n even threaten the good people of Ghana but the truth shall be seen very soon whether by depending on this IMF bait , we can move on as an independent country - and to those who are toning on tribal lines , it will be much better if you desist from that cos tribalism breaks a country apart
KOO 9 years ago
Reading some of these comments tell a lot about what misinformation and lack of education has done to these people.Before Rawlings left office,he was advised by IMF to go HIPIC for the(no hope) situation of Ghana's economy, h ... read full comment
Reading some of these comments tell a lot about what misinformation and lack of education has done to these people.Before Rawlings left office,he was advised by IMF to go HIPIC for the(no hope) situation of Ghana's economy, however he could not accept it out of pride and knowing that his term of at the presidency was almost due.However Kuffour had the guts to do it to save the economy.What makes the Republic think that NPP has panicked over the programs of IMF.Is this the first time that The IMF has come to save Ghana?.It has happened on many occasions under the NDC but the end result has always been the same.Why then will NPP worry about this?.
Kofi Wayo Teye BaakaJnr 9 years ago
This is complete nonsense talk. The NDC got us there . whats the big deal about being scared when we know half of the money will be misused by foolish Mahama AND HIS TEAM
This is complete nonsense talk. The NDC got us there . whats the big deal about being scared when we know half of the money will be misused by foolish Mahama AND HIS TEAM
NANA AKUFO ADDO 9 years ago
BAWUMIA IS THE MOLE IN NPP. BAWUMIA WILL BE EXPOSED AT THE APPROPRIATE TIME. BAWUMIA IS THE MOLE IN NPP. HIS UNDERWORLD DEALINGS WILL BE EXPOSED.
BAWUMIA IS THE MOLE IN NPP. BAWUMIA WILL BE EXPOSED AT THE APPROPRIATE TIME. BAWUMIA IS THE MOLE IN NPP. HIS UNDERWORLD DEALINGS WILL BE EXPOSED.
KWAKU ANANSE 9 years ago
NDC IS NOW A CONCERT PARTY. JOKERS REALLY!!!!!!! HOW DID A GREAT NATION LIKE GHANA, END UP IN WITH THIS MESS CRIMINAL JOKE CALLED NDC. GOD SAVE GHANA!!
NDC IS NOW A CONCERT PARTY. JOKERS REALLY!!!!!!! HOW DID A GREAT NATION LIKE GHANA, END UP IN WITH THIS MESS CRIMINAL JOKE CALLED NDC. GOD SAVE GHANA!!
GBEWAA 9 years ago
DEY THERE!!
ONLY A FOOL THINKS GABBY AND AKUFO-ADDO HAVE PARTED WAYS!!
THIS IS A TYPICAL SMOKESCREEN.
GABBY HAS SET UP ANOTHER "CONSULTANCY" IN TIME TO BE USED BY AKUFO-ADDO AND GABBY AS A CONDUIT TO SYPHON OUT BILLI ... read full comment
DEY THERE!!
ONLY A FOOL THINKS GABBY AND AKUFO-ADDO HAVE PARTED WAYS!!
THIS IS A TYPICAL SMOKESCREEN.
GABBY HAS SET UP ANOTHER "CONSULTANCY" IN TIME TO BE USED BY AKUFO-ADDO AND GABBY AS A CONDUIT TO SYPHON OUT BILLIONS OF GHANA'S MONEY TO THE UK AND OTHER PERSONAL FOREIGN BANK ACCOUNTS OF THE TWO IF AKUFO-ADDO EVER BECOMES GHANA'S PRESIDENT.
THIS CREATE LOOT AND SHARE WILL BE CALLED "CONSULTANCY" FEES, AND IT HAS BEEN DESIGNED PURPOSELY ALONG THE LINES OF WOYOME'S "CONSULTANCY" JUDGMENT DEBTS FEES.
AFTERALL, IF NDC'S WOYOME AND OTHERS HAVE LARGELY SUCCEEDED IN SUCH A MASSIVE NATIONAL LOOT AND GONE SCOT-FREE, WHY NOT THE NPP?
GABBY HAS RELOCATED TO THE UK MAINLY TO PREPARE THE GROUNDS FOR THIS CREATE LOOT AND SHARE CULTURE AMONG GHANA'S ENTIRE LEADERSHIP, INCLUDING POLITICIANS
Adjabitiase 9 years ago
Silly propaganda
Silly propaganda
Ekow 9 years ago
You see how this dirty Ewe tribe see only evil and wicked things. These Ewe criminals have stolen our money and sent us to IMF and now turning around to deceive their very poor illiterate Ewes. A whole tribe with no brains
You see how this dirty Ewe tribe see only evil and wicked things. These Ewe criminals have stolen our money and sent us to IMF and now turning around to deceive their very poor illiterate Ewes. A whole tribe with no brains
Kojo E 9 years ago
What is good about an IMF Bail Out to make the NPP shake in its jitters? Stupid ignorant paper!
What is good about an IMF Bail Out to make the NPP shake in its jitters? Stupid ignorant paper!
Ugly akufo addo 9 years ago
Idiot oldfool
Idiot oldfool
TOGBE AGOVE IV 9 years ago
HAHAHA,HAVE YOU FORGOTTEN THAT MAHAMAH IS STILL A RAPIST,HE STARTED IT IN HIS SCHOOL DAYS AT TAMALE SECONDARY SCHOOL HIS RECORD IS STILL THERE.
HAHAHA,HAVE YOU FORGOTTEN THAT MAHAMAH IS STILL A RAPIST,HE STARTED IT IN HIS SCHOOL DAYS AT TAMALE SECONDARY SCHOOL HIS RECORD IS STILL THERE.
Osei Yao 9 years ago
NPP, TYPICAL OF THE DANQUAH-BUSIAH TRADITION HAS NEVER HAD LONG TERM THOGHT-OUT PROGRAMME. DANQUAH AND BUSIAH SPENT THEIR TIME POINTING OUT WHAT NKRUMAH WAS DOING WRONG. NKRUMAH WAS PROVED RIGHT AGAIN AND AGAIN. TIME WILL CAT ... read full comment
NPP, TYPICAL OF THE DANQUAH-BUSIAH TRADITION HAS NEVER HAD LONG TERM THOGHT-OUT PROGRAMME. DANQUAH AND BUSIAH SPENT THEIR TIME POINTING OUT WHAT NKRUMAH WAS DOING WRONG. NKRUMAH WAS PROVED RIGHT AGAIN AND AGAIN. TIME WILL CATCH OUT NPP AGAIN AND AGAIN. THEY WILL NEVER COME TO POWER AGAIN.
ADAMU 9 years ago
This reporter is useless. Is borrowing an achievement to be proud of? Also, what difference would this tiny amount of loan do to the development of the country? What matters in 2016 is the repercussions of dumsor, whether it ... read full comment
This reporter is useless. Is borrowing an achievement to be proud of? Also, what difference would this tiny amount of loan do to the development of the country? What matters in 2016 is the repercussions of dumsor, whether it is fixed or not.
Captein 9 years ago
You want to tell me which country has never borrowed anything or owed? Certianly not in Africa neither in Europe under prevailing global conditions. So just do the research to be informed. Every country owe somewhere or some ... read full comment
You want to tell me which country has never borrowed anything or owed? Certianly not in Africa neither in Europe under prevailing global conditions. So just do the research to be informed. Every country owe somewhere or something it is how you use it for growth and expectecd out come.
ok 9 years ago
REPUBLIC MY FOOT!
REPUBLIC MY FOOT!
fkbf 9 years ago
NPP have every cause to panic over IMF programme except the ignorant ones who do not know because the conditions attached are killing
NPP have every cause to panic over IMF programme except the ignorant ones who do not know because the conditions attached are killing
Captein 9 years ago
IMF BAILOUT, yes it is a positive move, the amount to disbursed is colossal and possibly the highest in history.
The question is what will be the expected outcomes, for Ghanaians who also need to be part of independent monit ... read full comment
IMF BAILOUT, yes it is a positive move, the amount to disbursed is colossal and possibly the highest in history.
The question is what will be the expected outcomes, for Ghanaians who also need to be part of independent monitor in case there corruption along the way, this, which had been the main cause of Ghana's woes in preventing for example, government officials living within their pay/salaries.
State officials, head of institutions, I.e. MDAs paying fair market rent for government housing, justifying the use of governm er nt vehicles and the many other linkeages of the "ghost names", paying domestic workers on public accounts which is a major leak in our culture.
The phenomenom of gifts and giving in hard cash when officials go on visits.
These are monies not budgetted for but leaks and it is not private money of the state official. All these attitudes need to be curtailed if we are to benefit from the $0.9billion loan.
The money itself need to be delivered timely to make any impact. Not at this time when we are under the pressure of preparing for elections in about 8 months.
The other serious non-commitant part of this report is not providing the expected growth component leaving it to the rot of too much discretion and discretionary formulations and broadly stated objectives which are difficult to test or pinpoint.
I doubt the impact for just a little over$1.4million is to be received anyway. Which is even less than govt's new 4S wage bill/salary bill in a period.
Finally, for the growth component missing in the stated objectives and obvious missing outcomes, it sounds more like a patch work of filling the "potholes" left a cluster bomb explosion.
Hence, the real job is knowing what outcomes to expect and in what periods, ideally in every quarter for the next year and a half e.g., Q1, Q2, Q3......and beyond without such a staggering, tgere cannot be proper monitoring to arrest all the pissible leaks on timeI will caution.
All said is what will give us value for the borrowed money and the noteably high interests we shall be paying on the said loan.
The sad thing is that when it comes to spending govts forget about the high interests the will be paying and treat the money like gifts.
Abu Samson USA 9 years ago
NPP is panic be`cos mahama led NDC has capsized the nations for finally sealing of with IMF. NDC is so pathetic and treacherous. Ghana need Late Gen. Acheampong to come back with "Ye tuoa" we shall not pay. There is no way ma ... read full comment
NPP is panic be`cos mahama led NDC has capsized the nations for finally sealing of with IMF. NDC is so pathetic and treacherous. Ghana need Late Gen. Acheampong to come back with "Ye tuoa" we shall not pay. There is no way mahama/NDC or Ghana can pay the humongous debt they are creating.
BBC NEWS! !!!!!!!!!!!!!!!!!!!!!!!!!!! 9 years ago
Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not l ... read full comment
Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not lead the country Ghana.
Addo tum 9 years ago
Some Ghanaians are stupid, Panic for borrowing? hahahahaha, Putting Ghana in debt?
Some Ghanaians are stupid, Panic for borrowing? hahahahaha, Putting Ghana in debt?
Joe Turkey 9 years ago
What's the pride of borrowing on cooked economic numbers. More debt means more interest to pay. It leaves future governments so leveraged they may have to borrow more to survive. What $900 million. Mahama has more than that i ... read full comment
What's the pride of borrowing on cooked economic numbers. More debt means more interest to pay. It leaves future governments so leveraged they may have to borrow more to survive. What $900 million. Mahama has more than that in his account. His hotel in Dubai is worth more than that.
K Man 9 years ago
This loan is but a drop of what has been wasted and what is needed to get Ghana back to the level pre Mahama.
This article is getting excited because somehow another inadequate loan was approved...if you serioulsy think G ... read full comment
This loan is but a drop of what has been wasted and what is needed to get Ghana back to the level pre Mahama.
This article is getting excited because somehow another inadequate loan was approved...if you serioulsy think Ghanaians are waiting on loans and somehow this "small change" is going to help fix Ghana's problems in 18 months than honestly the reporter must be high on life or something esle.
KDK 9 years ago
THE NDC SHOULD BE ASHAMED OF WHAT THEY ARE SAYING. AFTER DISBURSING OVER ONE BILLION DOLLARS ($1BILLION), THROUGH PAYMENT OF DUBIOUS JUDGEMENT THEY ARE STILL MAKING NOISE BECAUSE IMF IS GIVEN GHANA $918M? SHAME, SAD DAY FOR T ... read full comment
THE NDC SHOULD BE ASHAMED OF WHAT THEY ARE SAYING. AFTER DISBURSING OVER ONE BILLION DOLLARS ($1BILLION), THROUGH PAYMENT OF DUBIOUS JUDGEMENT THEY ARE STILL MAKING NOISE BECAUSE IMF IS GIVEN GHANA $918M? SHAME, SAD DAY FOR THE INCOMPETENT GOVT OF GHANA(NDC).
TEE 9 years ago
MAHAMA IS JUST A STUPID FOOL SENSELESS
MAHAMA IS JUST A STUPID FOOL SENSELESS
TEE 9 years ago
INCOMPETENT VISIONLESS IDIOT DEAD RAT MAHAMAM SONE
INCOMPETENT VISIONLESS IDIOT DEAD RAT MAHAMAM SONE
kutsii. 9 years ago
One time wise person has becone si fookish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrate ... read full comment
One time wise person has becone si fookish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrateful. No wonder NPP loses in Bawumia's hometown. Nonsense
kutsii. 9 years ago
One time wise person has become so foolish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrate ... read full comment
One time wise person has become so foolish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrateful. No wonder NPP loses in Bawumia's hometown. Nonsense
attu zongo 9 years ago
More hardship for ghanaians, bcos IMF said no jobs for the next 3 yrs, no salary increments for the next 3 yrs no new projects for the next 3 yrs and so forth, so ndc has driven ghana backwards with too much stealing BUT the ... read full comment
More hardship for ghanaians, bcos IMF said no jobs for the next 3 yrs, no salary increments for the next 3 yrs no new projects for the next 3 yrs and so forth, so ndc has driven ghana backwards with too much stealing BUT the only good policy of IMF is that dumsor must end Now,!
Chris 9 years ago
This is trash.
This is trash.
mahama Jinapor 9 years ago
Why do we have to wait for many years in economic hardships under the NDC failed governance only for a u'turn to IMF for salvation when they new very well that they were in the path of mess.God save Ghana long live Nana Akufo ... read full comment
Why do we have to wait for many years in economic hardships under the NDC failed governance only for a u'turn to IMF for salvation when they new very well that they were in the path of mess.God save Ghana long live Nana Akufo Addo.
kwesi 9 years ago
This is clearly NDC propaganda that lacks credibility. Is the NDC believing that $918 million over 3 years will rescue Ghana? Are they so stupid?
I think the NPP has many smart people who do not see $918m a solution to Gha ... read full comment
This is clearly NDC propaganda that lacks credibility. Is the NDC believing that $918 million over 3 years will rescue Ghana? Are they so stupid?
I think the NPP has many smart people who do not see $918m a solution to Ghana's problems.
SO WHY WILL NPP PANIC OVER THIS?
TINA DANQUAH 9 years ago
"IF THE RAINS ($27M)COULD NOT FILL THE BASIN, HOW COULD THE DEW ($0.9M)FILL THE CUP"? IF BORROWING $27MILLION OVER 6YEARS COULD NOT TRANSFORM THE ECONOMY, I WONDER WHAT $0.9MILLION COULD DO IN 2.5YEARS? THESE NDC APOLOGIST CA ... read full comment
"IF THE RAINS ($27M)COULD NOT FILL THE BASIN, HOW COULD THE DEW ($0.9M)FILL THE CUP"? IF BORROWING $27MILLION OVER 6YEARS COULD NOT TRANSFORM THE ECONOMY, I WONDER WHAT $0.9MILLION COULD DO IN 2.5YEARS? THESE NDC APOLOGIST CALLING THEMSELVES NEWSPAPERS SHOULD GIVE US A BREAK
KWAME ERIC 9 years ago
i like this npp/ndc gimic, let's think of how to improve Ghana and burry our parties smal. adeeen Ghanafo
i like this npp/ndc gimic, let's think of how to improve Ghana and burry our parties smal. adeeen Ghanafo
Kofi, Koforidua 9 years ago
yturfgh
yturfgh
jaja 9 years ago
NDC should bring Ghana where it was prior to their coming to office however ghanains will reject them come 2016 bcos we are feed up with them
NDC should bring Ghana where it was prior to their coming to office however ghanains will reject them come 2016 bcos we are feed up with them
jaja 9 years ago
ndc your world bank is collapsing just visit the regional capital and see what is happening in Ho u will wonder if this is indeed a world bank
ndc your world bank is collapsing just visit the regional capital and see what is happening in Ho u will wonder if this is indeed a world bank
pablo 9 years ago
Kojo E, gentlemen dont insult. Sorry for you try and establish a sensible paper let's see.
Kojo E, gentlemen dont insult. Sorry for you try and establish a sensible paper let's see.
kojo brenya 9 years ago
It is not about the IMF bailout which matters, it is about how this meagre amount could help salvage the already shattered economy of Ghana, after the mahama led government and its appointees have stolen and squandered every ... read full comment
It is not about the IMF bailout which matters, it is about how this meagre amount could help salvage the already shattered economy of Ghana, after the mahama led government and its appointees have stolen and squandered every available funds of the nation.
What are we jubilating over ? with this our credibility crisis ? shame unto the propaganda ndc .
It is only foolish people who think the ndc can bring about the positive change descerning people are crying for.
Be wise FOOLISH PEOPLE FOLLOWING THE NDC 111
Obaapa 9 years ago
Hahaha sooo funny l fel very sad for my country Ghana under dis dwanfuno president
Hahaha sooo funny l fel very sad for my country Ghana under dis dwanfuno president
DICK ATAA AYI 9 years ago
Any one with a small knowledge in economics can tell you that the IMF loan is peanut when compared with our need. The NDC is only hoping to gain creditability from the international donor nations to support the budget.
Then ... read full comment
Any one with a small knowledge in economics can tell you that the IMF loan is peanut when compared with our need. The NDC is only hoping to gain creditability from the international donor nations to support the budget.
Then the "choping" will resume since the looting NDC BRIGADE cannot control itself.
GYAKARI 9 years ago
IMF BAIL OUT NOT FATHER CHRISTMAS!!!!!!!
FOOLISH PEOPLE IN NDC GOVERNMENT including(the DEAD GOAT MAHAMA)
IMF BAIL OUT NOT FATHER CHRISTMAS!!!!!!!
FOOLISH PEOPLE IN NDC GOVERNMENT including(the DEAD GOAT MAHAMA)
Victor A. Young 9 years ago
Pathetic NDC! They're saying the IMF bail out is the best thing ever to happen to Ghana. But I will continue to ask the NDC: after slaughtering and feasting on a fat cow, what will a mere poultry chicken meat do to your fat b ... read full comment
Pathetic NDC! They're saying the IMF bail out is the best thing ever to happen to Ghana. But I will continue to ask the NDC: after slaughtering and feasting on a fat cow, what will a mere poultry chicken meat do to your fat belly? NDC have squandered over $27 Billion in loans and couldn't use that to improve the economy and also help stabilize the Cedi, while it keeps on losing value against major international currencies; what will IMF's 950 Million loan do to you? I just want the NDC come on the airwaves through their propaganda minister, Felix Ofosu Kwaakye to throw more light on this issues. We'll be listening attentively.
samuel boadi 9 years ago
what really makes u think we are panic since with the 2.7 billion the economy cud nt seen any change.
what really makes u think we are panic since with the 2.7 billion the economy cud nt seen any change.
Banza Yaro 9 years ago
The NPP has a right to be panicky because, they're going to inherit a totally messed up economy created by you turkeys in the NDC. You guys could not build a house with the billions you borrowed and you're now telling us you ... read full comment
The NPP has a right to be panicky because, they're going to inherit a totally messed up economy created by you turkeys in the NDC. You guys could not build a house with the billions you borrowed and you're now telling us you can build a city with a million. What a sham with the intend to raid again !!!!!!!!!! When it comes to government money, these NDC folks behave like the rainbow. You see it now, and it's gone in a flash with all its beauty before the eyes of a bewildered child. It's like Mama, where is the beautiful thing God just showed us? The stunned mama's only answer is like "Oh, the devil just stole it".
THEY ARE LIKE THAT.
NPP WERE BRAGGING WITH IMF MONEY FOR THEIR SUCCESS
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion in six years an ...
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please tell your Bawumia to grow up before talking,
Has he forgotten what kuffour did the first 6years in office??
kuffour borrowed, sold ghana to hipc and went to imf.
Ndc., Borrowed yes, went IMF, yes but did not sold g ...
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NPP REALLY SHOULD SHUT UP; SO THAT WE WILL CAMPARE THEM AND TRASH THEM WITH NDC;:
CORRECTION
you see how stupid you are?
how much did kuffour borrowed before selling ghana to hipc.
that 5.5billion was even after he sold ghana to hipc. fools
DR. BAWUMIA:-----------
“In the last six years, the NDC has borrowed U ...
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ABOAFUNU IT WAS YOUR STUPID RAWSHIT WHO SENT YOU TO HIPC.HOW MUCH DID RAWLINGS LEFT BEHIND AFTER SHARING OUR MONEY TO HIS NDC BOSSES.YOU COMMENT AS IF THERE IS NO BRAIN YOUR SKULL.HE CAME WITH ACCOUNTABILITY BUT LEFT WITHOUT ...
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Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not l ...
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do you know how much debt from NPP borrowing was cancelled by HIPC??
let ndc too go hipc and we see how much did the borrow. it maybe zero cedis comparing to npp.
hey pop do you know what HIPC is ? otherwise you wouldn't pop your shamefull head up for that silly question
It is very easy to mislead and misinform the people for political gains. Since Ghana is not accounting savvy and people tend to see only two dimensional whereas we are currently in 5.0 I would say you may be right but how abo ...
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NDC IS GOING TO ROCK THE COUNTRY NOW; NPP WILL BE HISTORY:
NDC has already done the looting of IMF loan they are like dogs you can't trust them with bones.
that is it, that is why npp is affraid, because, npp did totally nothing until Hipc and imf came to thei rescue
NPP COULD NOT ANYTHING BEFORE IMF CAME TO THEIR RESQUE; THE SAME THING IS GOING TO HAPPEN WITH NDC
rescue NOT 'resque' please
LEAVE NPP ALONE AND FIX THE ECONOMY, BEFORE GHANAIANS KICK YOUR USELESS ASS OFF JUBILEE HOUSE, EVEN DEAD GOAT MAHAMA KNOWS IMF WILL BRING HARDSIP SINCE THE WHOLE MONEY IS FOR NDC CAMPAIGN
So NDC is not ashamed that,they have run to the IMF.Now they are rejoicing over a $940,million dollar loan.My God,which type of myopic leadership do we have in Ghana?If they couldn't manage $27 billion loans in six years,why ...
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Are these Ndc people that stupid? How can 978 million dollars bail out this messed up economy with strigent rules when more than 20 billion dollars borrowed the past four years has not solved our problems?
This loan is goi ...
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NPP ARE PROPHETS OF DOOM.
If 3 billion dollars chinese loan couldn't help how can 918 million dollars do?
Panicking for what.whilst sending us back to IMF.hmmm Ghana.NDC also wants us to go into slavely again.criminals and idiots.bogus.
You can spin this propaganda for as much as you can. The NDC have had not less than $26 billion in loans and revenues in 6 years and yet the country is in shit. So what magic do you think $900m in 3 years can do. Go on tick ...
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CAN NDC DO BETTER THING WITH $960 MILLION . THEY WILL STEAL MORE THAN $300MILLION. THEY ARE GOOD IN STEALING GHANA MONIES. CLUELESS GOVERNMENT.
NPP is made of intelligent and brilliant people who can add up economic indicators and predict the outcome right and therefore can not be threaten by any bailout monies and projects which are designed to further worsen the su ...
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Thank you Sir.
They berated Dr.Bawumia for predicting that Ghana would have to go to the IMF for a bailout,and the Dr.has been proven right.
NPP DID EVERYTHING TO BLOCK NDC SUCCESS
As a country ,we cannot manage our affiars and proud of bail outs.Is this what the founding fathers of Ghana fought for? We need to be able to mage our own resources and economy instead of the current trend. If te politician ...
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Oh, am so sorry for my NPP people. We must accept it that we know everything too much and this is not good for Ghana.
BRAVO, NDC
Hahahaaa we have a lot of jokers in this country!!! If after borrowing $60 billion you failed to make an impact what can $900million do?? This government is a waste of our time.
THIS NDC PARTY IS SO SHALLOW IN THEIR ASSESSMENT OF THE CURRENT ECONOMIC STRAITS OF THE NATION, IT BEGGARS BELIEF. A PALTRY IMF BAILOUT FUNDS OF US$900 MILLION FOR THREE YEARS, @US$300 MILLION A YEAR(US$110 MILLION OF THIS PA ...
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I pity those who are clapping for NDC for their successful dragging of Ghana into IMF strings - how can u own are car n the steering wheel is operated by your detractors?. who told you IMF has something palatable for Ghana - ...
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Reading some of these comments tell a lot about what misinformation and lack of education has done to these people.Before Rawlings left office,he was advised by IMF to go HIPIC for the(no hope) situation of Ghana's economy, h ...
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This is complete nonsense talk. The NDC got us there . whats the big deal about being scared when we know half of the money will be misused by foolish Mahama AND HIS TEAM
BAWUMIA IS THE MOLE IN NPP. BAWUMIA WILL BE EXPOSED AT THE APPROPRIATE TIME. BAWUMIA IS THE MOLE IN NPP. HIS UNDERWORLD DEALINGS WILL BE EXPOSED.
NDC IS NOW A CONCERT PARTY. JOKERS REALLY!!!!!!! HOW DID A GREAT NATION LIKE GHANA, END UP IN WITH THIS MESS CRIMINAL JOKE CALLED NDC. GOD SAVE GHANA!!
DEY THERE!!
ONLY A FOOL THINKS GABBY AND AKUFO-ADDO HAVE PARTED WAYS!!
THIS IS A TYPICAL SMOKESCREEN.
GABBY HAS SET UP ANOTHER "CONSULTANCY" IN TIME TO BE USED BY AKUFO-ADDO AND GABBY AS A CONDUIT TO SYPHON OUT BILLI ...
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Silly propaganda
You see how this dirty Ewe tribe see only evil and wicked things. These Ewe criminals have stolen our money and sent us to IMF and now turning around to deceive their very poor illiterate Ewes. A whole tribe with no brains
What is good about an IMF Bail Out to make the NPP shake in its jitters? Stupid ignorant paper!
Idiot oldfool
HAHAHA,HAVE YOU FORGOTTEN THAT MAHAMAH IS STILL A RAPIST,HE STARTED IT IN HIS SCHOOL DAYS AT TAMALE SECONDARY SCHOOL HIS RECORD IS STILL THERE.
NPP, TYPICAL OF THE DANQUAH-BUSIAH TRADITION HAS NEVER HAD LONG TERM THOGHT-OUT PROGRAMME. DANQUAH AND BUSIAH SPENT THEIR TIME POINTING OUT WHAT NKRUMAH WAS DOING WRONG. NKRUMAH WAS PROVED RIGHT AGAIN AND AGAIN. TIME WILL CAT ...
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This reporter is useless. Is borrowing an achievement to be proud of? Also, what difference would this tiny amount of loan do to the development of the country? What matters in 2016 is the repercussions of dumsor, whether it ...
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You want to tell me which country has never borrowed anything or owed? Certianly not in Africa neither in Europe under prevailing global conditions. So just do the research to be informed. Every country owe somewhere or some ...
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REPUBLIC MY FOOT!
NPP have every cause to panic over IMF programme except the ignorant ones who do not know because the conditions attached are killing
IMF BAILOUT, yes it is a positive move, the amount to disbursed is colossal and possibly the highest in history.
The question is what will be the expected outcomes, for Ghanaians who also need to be part of independent monit ...
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NPP is panic be`cos mahama led NDC has capsized the nations for finally sealing of with IMF. NDC is so pathetic and treacherous. Ghana need Late Gen. Acheampong to come back with "Ye tuoa" we shall not pay. There is no way ma ...
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Akan's Npp party has chosen the people they affectionately called "pepefou" Dr. Pink sheets fraudsters Bawumia to be the Npp frontier for 2016 campaigns , this shows clearly that Nana Buhari Binaddo is very sick and can not l ...
read full comment
Some Ghanaians are stupid, Panic for borrowing? hahahahaha, Putting Ghana in debt?
What's the pride of borrowing on cooked economic numbers. More debt means more interest to pay. It leaves future governments so leveraged they may have to borrow more to survive. What $900 million. Mahama has more than that i ...
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This loan is but a drop of what has been wasted and what is needed to get Ghana back to the level pre Mahama.
This article is getting excited because somehow another inadequate loan was approved...if you serioulsy think G ...
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THE NDC SHOULD BE ASHAMED OF WHAT THEY ARE SAYING. AFTER DISBURSING OVER ONE BILLION DOLLARS ($1BILLION), THROUGH PAYMENT OF DUBIOUS JUDGEMENT THEY ARE STILL MAKING NOISE BECAUSE IMF IS GIVEN GHANA $918M? SHAME, SAD DAY FOR T ...
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MAHAMA IS JUST A STUPID FOOL SENSELESS
INCOMPETENT VISIONLESS IDIOT DEAD RAT MAHAMAM SONE
One time wise person has becone si fookish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrate ...
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One time wise person has become so foolish in the eyes of the international economic community bcos of the hypnotism of an old evil dwarf. Bawumia has become foolish. Poor Bawumia who was educated by NDC money is very ungrate ...
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More hardship for ghanaians, bcos IMF said no jobs for the next 3 yrs, no salary increments for the next 3 yrs no new projects for the next 3 yrs and so forth, so ndc has driven ghana backwards with too much stealing BUT the ...
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This is trash.
Why do we have to wait for many years in economic hardships under the NDC failed governance only for a u'turn to IMF for salvation when they new very well that they were in the path of mess.God save Ghana long live Nana Akufo ...
read full comment
This is clearly NDC propaganda that lacks credibility. Is the NDC believing that $918 million over 3 years will rescue Ghana? Are they so stupid?
I think the NPP has many smart people who do not see $918m a solution to Gha ...
read full comment
"IF THE RAINS ($27M)COULD NOT FILL THE BASIN, HOW COULD THE DEW ($0.9M)FILL THE CUP"? IF BORROWING $27MILLION OVER 6YEARS COULD NOT TRANSFORM THE ECONOMY, I WONDER WHAT $0.9MILLION COULD DO IN 2.5YEARS? THESE NDC APOLOGIST CA ...
read full comment
i like this npp/ndc gimic, let's think of how to improve Ghana and burry our parties smal. adeeen Ghanafo
yturfgh
NDC should bring Ghana where it was prior to their coming to office however ghanains will reject them come 2016 bcos we are feed up with them
ndc your world bank is collapsing just visit the regional capital and see what is happening in Ho u will wonder if this is indeed a world bank
Kojo E, gentlemen dont insult. Sorry for you try and establish a sensible paper let's see.
It is not about the IMF bailout which matters, it is about how this meagre amount could help salvage the already shattered economy of Ghana, after the mahama led government and its appointees have stolen and squandered every ...
read full comment
Hahaha sooo funny l fel very sad for my country Ghana under dis dwanfuno president
Any one with a small knowledge in economics can tell you that the IMF loan is peanut when compared with our need. The NDC is only hoping to gain creditability from the international donor nations to support the budget.
Then ...
read full comment
IMF BAIL OUT NOT FATHER CHRISTMAS!!!!!!!
FOOLISH PEOPLE IN NDC GOVERNMENT including(the DEAD GOAT MAHAMA)
Pathetic NDC! They're saying the IMF bail out is the best thing ever to happen to Ghana. But I will continue to ask the NDC: after slaughtering and feasting on a fat cow, what will a mere poultry chicken meat do to your fat b ...
read full comment
what really makes u think we are panic since with the 2.7 billion the economy cud nt seen any change.
The NPP has a right to be panicky because, they're going to inherit a totally messed up economy created by you turkeys in the NDC. You guys could not build a house with the billions you borrowed and you're now telling us you ...
read full comment