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 c ... read full comment
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
yaw 1 8 years ago
We appreciate your good work Prez Nana Addo, we cont' serving for u.
We appreciate your good work Prez Nana Addo, we cont' serving for u.
J0eY l0nD0n 8 years ago
Must Daily GUIDE continues the propagating of their falsehoods?
Must Daily GUIDE continues the propagating of their falsehoods?
Sir Fake Lawyer 8 years ago
NPP government is not different from NDC. I bet npp Is full of ttickish thiefing profs,,,, the real STEALERS
NPP government is not different from NDC. I bet npp Is full of ttickish thiefing profs,,,, the real STEALERS
King Adjei 8 years ago
NPP IS HERE TO STAY,NPP HAS GHANA AT HEART.THE MONEY LOOTED BY KOFI ADAMS AND ASIEDU NKETIA ALONE CAN DO SOMETHING BETTER FOR GHANAIANS...NPP GOOD LEADERSHIP IS ABOUT TO ISSUE ID CARDS,FREE SHS , AND SURELY VERY SOON MANY ... read full comment
NPP IS HERE TO STAY,NPP HAS GHANA AT HEART.THE MONEY LOOTED BY KOFI ADAMS AND ASIEDU NKETIA ALONE CAN DO SOMETHING BETTER FOR GHANAIANS...NPP GOOD LEADERSHIP IS ABOUT TO ISSUE ID CARDS,FREE SHS , AND SURELY VERY SOON MANY DISTRICTS WILL HAVE FACTORIES..CAN NDC CRIMINALS DO THIS?
AKUFO, ALL DIE BE DIE UGLY DWARF 8 years ago
FULFILL WHAT?. IF THIS UGLY DWARF HAVE THEGUT,, WHY CAN'T HELP REDUCE THE COST OF PETROLEUM PRODUCTS INSTEAD OF INCREASE THEM,, TWICE IN 30 DAYS?. WHY THIS DWARF CAN'T ABOLISH TAXES AND ON ENERGY LEVI TO REDUCE ELECTRICITY A ... read full comment
FULFILL WHAT?. IF THIS UGLY DWARF HAVE THEGUT,, WHY CAN'T HELP REDUCE THE COST OF PETROLEUM PRODUCTS INSTEAD OF INCREASE THEM,, TWICE IN 30 DAYS?. WHY THIS DWARF CAN'T ABOLISH TAXES AND ON ENERGY LEVI TO REDUCE ELECTRICITY AND WATER TARIFFS NOW.?. THIS DWARF IS A FOOLISH LIAR.
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 c ...
read full comment
We appreciate your good work Prez Nana Addo, we cont' serving for u.
Must Daily GUIDE continues the propagating of their falsehoods?
NPP government is not different from NDC. I bet npp Is full of ttickish thiefing profs,,,, the real STEALERS
NPP IS HERE TO STAY,NPP HAS GHANA AT HEART.THE MONEY LOOTED BY KOFI ADAMS AND ASIEDU NKETIA ALONE CAN DO SOMETHING BETTER FOR GHANAIANS...NPP GOOD LEADERSHIP IS ABOUT TO ISSUE ID CARDS,FREE SHS , AND SURELY VERY SOON MANY ...
read full comment
FULFILL WHAT?. IF THIS UGLY DWARF HAVE THEGUT,, WHY CAN'T HELP REDUCE THE COST OF PETROLEUM PRODUCTS INSTEAD OF INCREASE THEM,, TWICE IN 30 DAYS?. WHY THIS DWARF CAN'T ABOLISH TAXES AND ON ENERGY LEVI TO REDUCE ELECTRICITY A ...
read full comment