H.E JOHN MAHAMA YOUR GOOD WORKS SHALL FOLLOW YOU COME 2016. WE LOVE YOU OUR PRESIDENT.
H.E JOHN MAHAMA YOUR GOOD WORKS SHALL FOLLOW YOU COME 2016. WE LOVE YOU OUR PRESIDENT.
Nana Nketiah 10 years ago
"..Where do I begin..."
"..Where do I begin..."
Saint Ghfuo: Nyantakyi must go! 10 years ago
GH. Sovereign Wealth Fund
Western govts used proceeds from their resources to develop social and infrastructure projects. Come.to Ghana and these corrupt govt officials do the opposite!
*These Finance Ministers and politic ... read full comment
GH. Sovereign Wealth Fund
Western govts used proceeds from their resources to develop social and infrastructure projects. Come.to Ghana and these corrupt govt officials do the opposite!
*These Finance Ministers and politicians in Ghana must read these books.
*Book: "50years is enough", "Dying for growth: Global inequality and health of the poor".
*Govts must Invest in Health & Education for the poor = Higher GDPs for Ghana!
*Corruption Endemic in Africa: Corruption was set up by the colonial overlords who used their western style education to train Africans to be bureaucrats in the civil service. Thus propagating bureaucracy and corruption to favor the colonialists. This is why Boko Haram for example are livid with the corrupt, fiscal number changing, election ballot stuffing, nature of these western educated, african govt bureaucrats in. Will Boko haram end up in Ghana? Why not?
If the government can attempt to find solutions to these 3 issues. Things will be better. Instead, they engage in nefarious corrupt practices. Which prevents foreign investors from coming in becos there is stealing and no transparency in govt. So there is no money in the economy. So ghana now has to borrow the funds from imf, china etc and then these same corrupt Govts will steal that too! People like these must be jailed or shot dead!
*Book: "Dead Aid" by Dambisa Moyo
Every economist, African leader, finance minister must read this book!
*Book: "why nations fail": an abundance of natural resources is a national curse!
These nations with natural resource wealth on average have worse financial economies than nations who don't. Why you ask? Weak institutions, corruption, bad governors, managers!
*Ghana Sovereign Wealth Fund by Martin Skankar.....Norwegian Ministry of Finance
What is "Dutch Disease"?
1. 30% of proceeds from oil, gold, diamonds, cocoa revenues etc should be deposited yearly in a Ghana Sovereign Wealth Fund account, a national 401k. This money will never be touched by any govt, period! This money will be invested all over the world in socially constructive projects. Projects to be excluded can include chemical nuclear projects, environmentally disastrous projects, product based exclusions like tobacco, walmart(human rights abuses) will all be excluded. The ROI from this fund will be used to supplement infrastructure projects, free education etc...
2. A National Gas/oil Tax: Tax Revenue on all consumer gas sales, tolls, solar, wind energy sales will be deposited yearly in a federally administered Highway Trust Fund to fund new and refurbishing roads and transportation initiatives. Add tax revenue from truck/4x4 sales for the list. List this fund on the gsx or in a mutual fund/bond. Flagstaff House will tap intl this Gas tax and match all funds ponied up ty the respective regions/local govt. This is how Ghana can wean itself from poverty and begin to acquire wealth and economic sustainability. Borrowing, selling natural resources, corruption, non patriotic govts, no free public education, no healthcare for the people etc won't help Ghana!
STATE OWNED COMPANIES
*transfer all the assets to a private company. And list it on the stock market. Administered by members of the ruling govt. Who will be responsible for hiring/appointing senior executives. Govt owns 75%, Shareholders own 25%. Baoshan Steel is a Chinese state owned company and the second largest steel company in the world. Ghana, what should you learn from this?
Ngi 10 years ago
Will punish you mean? Starting from when? ...Mr. President. Ask your policemen in cocoa producing areas...they have list.
Will punish you mean? Starting from when? ...Mr. President. Ask your policemen in cocoa producing areas...they have list.
Togbe Kwami 10 years ago
Please spare our precious ears!! what r ur useless security agencies doing all these years? do u think the diversion is carried out by ordinary people?
Please spare our precious ears!! what r ur useless security agencies doing all these years? do u think the diversion is carried out by ordinary people?
Saint Ghfuo: Nyantakyi must go! 10 years ago
Shouldn't the minister of roads, transportation and highways be cutting the sod? Why are you bumrushing everything and seeking popularity and glory in everything?
Shouldn't the minister of roads, transportation and highways be cutting the sod? Why are you bumrushing everything and seeking popularity and glory in everything?
H.E JOHN MAHAMA YOUR GOOD WORKS SHALL FOLLOW YOU COME 2016. WE LOVE YOU OUR PRESIDENT.
"..Where do I begin..."
GH. Sovereign Wealth Fund
Western govts used proceeds from their resources to develop social and infrastructure projects. Come.to Ghana and these corrupt govt officials do the opposite!
*These Finance Ministers and politic ...
read full comment
Will punish you mean? Starting from when? ...Mr. President. Ask your policemen in cocoa producing areas...they have list.
Please spare our precious ears!! what r ur useless security agencies doing all these years? do u think the diversion is carried out by ordinary people?
Shouldn't the minister of roads, transportation and highways be cutting the sod? Why are you bumrushing everything and seeking popularity and glory in everything?