IMF HAS EXPOSED NDC AND MAHAMA
Mahama’s claim that he and the NDC left Ghana’s economy in good shape is a big lie. The recent IMF mission to Ghana has revealed that Mahama and the NDC rather mismanaged Ghana’s economy ... read full comment
IMF HAS EXPOSED NDC AND MAHAMA
Mahama’s claim that he and the NDC left Ghana’s economy in good shape is a big lie. The recent IMF mission to Ghana has revealed that Mahama and the NDC rather mismanaged Ghana’s economy before they were disgracefully chased out of power. Joel Toujas-Bernate, leader of the mission, noted that: “In 2016, the overall fiscal deficit (on a cash basis) deteriorated to an estimated 9 percent of GDP, instead of declining to 5¼ percent of GDP as envisaged under the IMF-supported program. The large deviation was mainly due to poor oil and non-oil revenue performance and large expenditure overruns. As a result, the government’s debt-to-GDP ratio increased further to close to 74 percent of GDP at end-2016.”
He further welcomed government’s intention to control public spending and protection of the public purse.
“Significant public spending commitments that bypassed public finance management (PFM) systems were reported. We welcome the new government’s intention to conduct a full audit of outstanding obligations, its commitment to transparency and its readiness to take strong remedial actions to ensure the integrity of the PFM systems going forward.
The large financial imbalances of state-owned enterprises in the energy sector also need to be addressed with urgency to avoid the build-up of contingent liabilities for the new government. We welcome the new government’s commitments to encourage its departments and agencies to implement growth-enhancing reforms in a fiscally sustainable manner,” he added
AGYEMANG 7 years ago
When two elephants fight who suffers? Asarco Marfo says one thing and Ken Ofori Atta says another, who is the finance minister? Jimi jimi NPP. And you also have enough money to share to teachers and nurse trainees? what about ... read full comment
When two elephants fight who suffers? Asarco Marfo says one thing and Ken Ofori Atta says another, who is the finance minister? Jimi jimi NPP. And you also have enough money to share to teachers and nurse trainees? what about your free dams and factories? Hahahahaaaaa
NANA ADDO 7 years ago
NPP IN CONFUSION ALREADY. FOR OFORI ATTA IS THERE TO COLLECT HIS MONEY GIVEN TO NPP FOR THEIR CAMPAIGN. HE AND BAWUMEA NOT IN CONTROL. OSAFO AND NANA RUINING THE SHOW. WHO TO BELIEVE NOW. THEY ARE CONFUSED.OHHHH GHANA WHY BRO ... read full comment
NPP IN CONFUSION ALREADY. FOR OFORI ATTA IS THERE TO COLLECT HIS MONEY GIVEN TO NPP FOR THEIR CAMPAIGN. HE AND BAWUMEA NOT IN CONTROL. OSAFO AND NANA RUINING THE SHOW. WHO TO BELIEVE NOW. THEY ARE CONFUSED.OHHHH GHANA WHY BROUGHT NPP TO KILL YOUR NATION.???
SD 7 years ago
I don't believe you. Have you finished building roads, providing potable water and electricity to my village and enough hospitals and schools for us?
I don't believe you. Have you finished building roads, providing potable water and electricity to my village and enough hospitals and schools for us?
Lori 7 years ago
Mustapha Hamid is insultingly stupid on this matter.
Mustapha Hamid is insultingly stupid on this matter.
jabthahxy 7 years ago
You rather you are stupid
You rather you are stupid
APONKYE 7 years ago
Osafo Marfo thought he had power over the Ministers. Now even a Deputy Minister (the moron Kwaku Kwarteng) has rubbish his ideas.
And where does Bawumia fit in? Is it not the VP who is supposed to supervise the economic ... read full comment
Osafo Marfo thought he had power over the Ministers. Now even a Deputy Minister (the moron Kwaku Kwarteng) has rubbish his ideas.
And where does Bawumia fit in? Is it not the VP who is supposed to supervise the economic management of the regime?
Now with Osafo Marfo supervising Bawumia and Deputy Ministers snubbing Osafo Marfo, confusion done come OOHHH!!!!!!
Kobby 7 years ago
These people are full of lies.Where did you get that enough resources from?These got to prove that ndc left enough.The same old and one way of stealing commencing always Ghana@ 50 &60
These people are full of lies.Where did you get that enough resources from?These got to prove that ndc left enough.The same old and one way of stealing commencing always Ghana@ 50 &60
NANA USA 7 years ago
All that l need to know where the money will come from .Tell Ghanaians that l will get the money from point A,B or C period.Atta Akyea hit the nail right on the head.
All that l need to know where the money will come from .Tell Ghanaians that l will get the money from point A,B or C period.Atta Akyea hit the nail right on the head.
Kofi Asoi 7 years ago
they believe they can do it so seat back and watch them
they believe they can do it so seat back and watch them
Kobby 7 years ago
Watch without demanding anything? we are not in a banana republic.Did they sit quietly and watch Ndc?
Watch without demanding anything? we are not in a banana republic.Did they sit quietly and watch Ndc?
AAziz Issahaku 7 years ago
Free education is here,fuel ? price need's reduction not increases in transportation fare's
Free education is here,fuel ? price need's reduction not increases in transportation fare's
BOY KOFI 7 years ago
Nana Addo made a categorical statement during the 2012 Presidential Debate the his govt will use the oïl revenue to finance the free shs.I don't know which component so Mr Ofori Atta should stop lying.There must be transpare ... read full comment
Nana Addo made a categorical statement during the 2012 Presidential Debate the his govt will use the oïl revenue to finance the free shs.I don't know which component so Mr Ofori Atta should stop lying.There must be transparency in governance.Don't worry be happy.
Opoku Ababio 7 years ago
Where do you get that resources from if the economy is broke? You are gradually exposing yourself
Where do you get that resources from if the economy is broke? You are gradually exposing yourself
NPPigs 7 years ago
You mean the heritage fund that the NDC set up? Thank the NDC for having the wisdom to set up the fund for rainy days. No you idiots wnat to decimate the fund all in the name of making the NPP look good in the sight of Ghanai ... read full comment
You mean the heritage fund that the NDC set up? Thank the NDC for having the wisdom to set up the fund for rainy days. No you idiots wnat to decimate the fund all in the name of making the NPP look good in the sight of Ghanaians.
In Economics, there is a theorem of "Capital Accumulation: Postponing Present Consumption".
The NPP is raiding the national coffers (the family jewelry) just to satisfy its short-term whims.
Myambun 7 years ago
IN FACT, NPP IS A PARTY OF LIES! TELL US WHERE AND WHEN YOU MADE UP THOSE ENOUGH RESOURCES? YOU BETTER ACKNOWLEDGE JM BEFORE IT IS TOO LATE. BECAUSE NOTHING CAN HIDE IN THIS WORLD. IT IS JUST A MATTER OF TIME.
IN FACT, NPP IS A PARTY OF LIES! TELL US WHERE AND WHEN YOU MADE UP THOSE ENOUGH RESOURCES? YOU BETTER ACKNOWLEDGE JM BEFORE IT IS TOO LATE. BECAUSE NOTHING CAN HIDE IN THIS WORLD. IT IS JUST A MATTER OF TIME.
BOY KOFI 7 years ago
The oïl Management Act has 4 components.
1.Annual Budget Funding Money.
2.GNPC Funds.
3.Stabilisation Fund.
4.Heritage Fund.
Therefore,NPP has many options to select one of the components or combine without necessarily ... read full comment
The oïl Management Act has 4 components.
1.Annual Budget Funding Money.
2.GNPC Funds.
3.Stabilisation Fund.
4.Heritage Fund.
Therefore,NPP has many options to select one of the components or combine without necessarily touching the Heritage Fund if my understanding is right.Thank you.
Papa 7 years ago
You are missing a point
You are missing a point
sakasalia 7 years ago
enough resources!!???? hmmmmmmm!
enough resources!!???? hmmmmmmm!
Mawusi Zublatavi 7 years ago
All the folks talking about the impossibilities of Free Education. Where were you stupid fools when Mahama and NDC folks were looting and raping Ghana!! Where were you people when corruption of the highest order was being per ... read full comment
All the folks talking about the impossibilities of Free Education. Where were you stupid fools when Mahama and NDC folks were looting and raping Ghana!! Where were you people when corruption of the highest order was being perpertrated against Ghana!!!? Where were you guys when contracts were super overly inflated like this Sibton deal. Stipid fools and illiterate goons. Schooled but not educated empty heads. God will punish all of you one at a time. Onyaaaaa eeei!!
pkofi 7 years ago
I thought you said NDC and 'chop' all the money.
I thought you said NDC and 'chop' all the money.
Joe 7 years ago
If free education is resisted by political opponents then the free education in the north should stop
If free education is resisted by political opponents then the free education in the north should stop
boat 7 years ago
when I hear these NDC fool soldiers talking like this I pity them, where were u fools when ur so glorified ministers of States were Choping money left right center? U ar being used like bulldozers to construct roads, wen de r ... read full comment
when I hear these NDC fool soldiers talking like this I pity them, where were u fools when ur so glorified ministers of States were Choping money left right center? U ar being used like bulldozers to construct roads, wen de road is prefect, bulldozers don't drive on it. Look at how ur senseless leaders shared money to campus ladies n u ar there still supporting these fools, infact i see u NDC guys inflicted with evil spirit, u need Jesus to see lightness wai! Nana Addo serve Ghanaians wai, God bless u much!!
THE CRUSADER 7 years ago
Yes sir the p/ndc customs and the toolboth traps if closed can take Ghana far,not talking of abuse of our royalties by NANANOM.
Yes sir the p/ndc customs and the toolboth traps if closed can take Ghana far,not talking of abuse of our royalties by NANANOM.
david 7 years ago
well then why wont the church back offfffff,this carismatics guys nad co with their tithe claims not even 10% of nations budjet funds thus npp promises......
well then why wont the church back offfffff,this carismatics guys nad co with their tithe claims not even 10% of nations budjet funds thus npp promises......
Ghanaba 7 years ago
Imcompetent gallor varried views on Gov'mt policy no straight talk.
Imcompetent gallor varried views on Gov'mt policy no straight talk.
Animals Kingdom 7 years ago
We are watching, where did the money comes from, you call the Ndc names, but ar saying enough resources, politicians of today, thieves, thieves and thieves forever and forever.
We are watching, where did the money comes from, you call the Ndc names, but ar saying enough resources, politicians of today, thieves, thieves and thieves forever and forever.
DDT 7 years ago
We were told NDC left poor economy with little resources. So were did you get that enough money you are talking about within one month in office ? What Ghanaians did NDC can be done to you NPP if yo ... read full comment
We were told NDC left poor economy with little resources. So were did you get that enough money you are talking about within one month in office ? What Ghanaians did NDC can be done to you NPP if you want to rule with lies. Time will tell.
ROGUE LAWYER 7 years ago
just tell the voters and the whole nation where the money shall come from.
trying to hide behind the promise screen made people doubt it sustainability .our democracy is transparent so akuffu addo cannot run an opaque adm ... read full comment
just tell the voters and the whole nation where the money shall come from.
trying to hide behind the promise screen made people doubt it sustainability .our democracy is transparent so akuffu addo cannot run an opaque administration to fool the people.
this question of source had been kept mute far too long, what is akuffu Addo hiding in his campaign promises ?
IMF HAS EXPOSED NDC AND MAHAMA
Mahama’s claim that he and the NDC left Ghana’s economy in good shape is a big lie. The recent IMF mission to Ghana has revealed that Mahama and the NDC rather mismanaged Ghana’s economy ...
read full comment
When two elephants fight who suffers? Asarco Marfo says one thing and Ken Ofori Atta says another, who is the finance minister? Jimi jimi NPP. And you also have enough money to share to teachers and nurse trainees? what about ...
read full comment
NPP IN CONFUSION ALREADY. FOR OFORI ATTA IS THERE TO COLLECT HIS MONEY GIVEN TO NPP FOR THEIR CAMPAIGN. HE AND BAWUMEA NOT IN CONTROL. OSAFO AND NANA RUINING THE SHOW. WHO TO BELIEVE NOW. THEY ARE CONFUSED.OHHHH GHANA WHY BRO ...
read full comment
I don't believe you. Have you finished building roads, providing potable water and electricity to my village and enough hospitals and schools for us?
Mustapha Hamid is insultingly stupid on this matter.
You rather you are stupid
Osafo Marfo thought he had power over the Ministers. Now even a Deputy Minister (the moron Kwaku Kwarteng) has rubbish his ideas.
And where does Bawumia fit in? Is it not the VP who is supposed to supervise the economic ...
read full comment
These people are full of lies.Where did you get that enough resources from?These got to prove that ndc left enough.The same old and one way of stealing commencing always Ghana@ 50 &60
All that l need to know where the money will come from .Tell Ghanaians that l will get the money from point A,B or C period.Atta Akyea hit the nail right on the head.
they believe they can do it so seat back and watch them
Watch without demanding anything? we are not in a banana republic.Did they sit quietly and watch Ndc?
Free education is here,fuel ? price need's reduction not increases in transportation fare's
Nana Addo made a categorical statement during the 2012 Presidential Debate the his govt will use the oïl revenue to finance the free shs.I don't know which component so Mr Ofori Atta should stop lying.There must be transpare ...
read full comment
Where do you get that resources from if the economy is broke? You are gradually exposing yourself
You mean the heritage fund that the NDC set up? Thank the NDC for having the wisdom to set up the fund for rainy days. No you idiots wnat to decimate the fund all in the name of making the NPP look good in the sight of Ghanai ...
read full comment
IN FACT, NPP IS A PARTY OF LIES! TELL US WHERE AND WHEN YOU MADE UP THOSE ENOUGH RESOURCES? YOU BETTER ACKNOWLEDGE JM BEFORE IT IS TOO LATE. BECAUSE NOTHING CAN HIDE IN THIS WORLD. IT IS JUST A MATTER OF TIME.
The oïl Management Act has 4 components.
1.Annual Budget Funding Money.
2.GNPC Funds.
3.Stabilisation Fund.
4.Heritage Fund.
Therefore,NPP has many options to select one of the components or combine without necessarily ...
read full comment
You are missing a point
enough resources!!???? hmmmmmmm!
All the folks talking about the impossibilities of Free Education. Where were you stupid fools when Mahama and NDC folks were looting and raping Ghana!! Where were you people when corruption of the highest order was being per ...
read full comment
I thought you said NDC and 'chop' all the money.
If free education is resisted by political opponents then the free education in the north should stop
when I hear these NDC fool soldiers talking like this I pity them, where were u fools when ur so glorified ministers of States were Choping money left right center? U ar being used like bulldozers to construct roads, wen de r ...
read full comment
Yes sir the p/ndc customs and the toolboth traps if closed can take Ghana far,not talking of abuse of our royalties by NANANOM.
well then why wont the church back offfffff,this carismatics guys nad co with their tithe claims not even 10% of nations budjet funds thus npp promises......
Imcompetent gallor varried views on Gov'mt policy no straight talk.
We are watching, where did the money comes from, you call the Ndc names, but ar saying enough resources, politicians of today, thieves, thieves and thieves forever and forever.
We were told NDC left poor economy with little resources. So were did you get that enough money you are talking about within one month in office ? What Ghanaians did NDC can be done to you NPP if yo ...
read full comment
just tell the voters and the whole nation where the money shall come from.
trying to hide behind the promise screen made people doubt it sustainability .our democracy is transparent so akuffu addo cannot run an opaque adm ...
read full comment