Government 'pumped' $8 billion to shore up cedi - Oppong Nkrumah alleges

Read Article

Comments (41)

This article is closed for comments.

Read Comments Comments (41)

Look at this IDIOT!!! 3 weeks ago

See this Comedian called OPPONG-NKRUMAH. Why didn't your useless Akuffo-Addo also inject that dollar into the economy. Funny Idiot!!

See this Comedian called OPPONG-NKRUMAH. Why didn't your useless Akuffo-Addo also inject that dollar into the economy. Funny Idiot!!
Benji 3 weeks ago

Useless NPP complains about economy while also wants to take credit for the good economy. They can only trick their party loyalists.

Useless NPP complains about economy while also wants to take credit for the good economy. They can only trick their party loyalists.
Game Changer +447935009178 3 weeks ago

At least the NDC is wise enough to generate the Forex needed through Goldbod to shore up the cedi whereas you guys led by Akufo Addo and Ken Ofori Atta took several Billions of dollars through Ken's Databank and looted same. ...
read full comment

At least the NDC is wise enough to generate the Forex needed through Goldbod to shore up the cedi whereas you guys led by Akufo Addo and Ken Ofori Atta took several Billions of dollars through Ken's Databank and looted same. CRIMINALS!!!
prophet mohammed was a sick dog 3 weeks ago

Say no to islam and convert to a real religion.
Allah is satanic scum and qur'an is toilet paper..........Search online for ways to move away from evil islam. You can join ex-muslim groups online and be safe..... ...
read full comment

Say no to islam and convert to a real religion.
Allah is satanic scum and qur'an is toilet paper..........Search online for ways to move away from evil islam. You can join ex-muslim groups online and be safe..........you are not alone...
.mr amin 3 weeks ago

And so what? Useless brainlrds oppong pls the minority should leave the govt alone, when the npp decided not to do that Ghanaians sack them from power Ghanaians like the way its going so stop your distraction

And so what? Useless brainlrds oppong pls the minority should leave the govt alone, when the npp decided not to do that Ghanaians sack them from power Ghanaians like the way its going so stop your distraction
Nene Sackitey 3 weeks ago

Yes a real idiot. But for politics an idiot like this with nothing to offer would not have a stand in society. Even in journalism he was a low brain performer. At least the dollars pumped into the market to support the ced ...
read full comment

Yes a real idiot. But for politics an idiot like this with nothing to offer would not have a stand in society. Even in journalism he was a low brain performer. At least the dollars pumped into the market to support the cedi has brought relief and cost of living benefits to Ghanaians instead of pumping multiples of that into Guayana oil sector while driving Ghana’s oil production to take a nose dive. NPP drove away exploration and production firms with their corrupt demands.
Sir R. 3 weeks ago

It will be prudent to keep quiet. Why didn't you do same to save the economy?

It will be prudent to keep quiet. Why didn't you do same to save the economy?
EagleEyes 3 weeks ago

At least one pumped it into the economy, the other pumped it out of the people's pocket into their personal pockets!
Shame to this unwise opposition party.

At least one pumped it into the economy, the other pumped it out of the people's pocket into their personal pockets!
Shame to this unwise opposition party.
COD 3 weeks ago

NDC pumped $8billion into Ghana to make life a little easier for all, but NPP pumped $60million into the most expensive trench in the world.
Corrupt Oppong Nkrumah is just a fool out there as one of Galamsay Kingpins.

NDC pumped $8billion into Ghana to make life a little easier for all, but NPP pumped $60million into the most expensive trench in the world.
Corrupt Oppong Nkrumah is just a fool out there as one of Galamsay Kingpins.
Alfa 3 weeks ago

You have said it all by hitting the nail right on the head

You have said it all by hitting the nail right on the head
Francis 3 weeks ago

See who is advising NDC on economy. Why didn't advise your useless NPP gov when you were in power few months back. You only know how to talk and make noise

See who is advising NDC on economy. Why didn't advise your useless NPP gov when you were in power few months back. You only know how to talk and make noise
Mr. T 3 weeks ago

So. My friend go seat somewhere

So. My friend go seat somewhere
Od 3 weeks ago

At least they didn't pocket it as you hurriedly sold off Sagleme to your cronies, thief

At least they didn't pocket it as you hurriedly sold off Sagleme to your cronies, thief
Reap what you sow 3 weeks ago

Did Akufo Addo, Bawumia, Ken Ofori Atta and Co know about such measures could save the economy during the 8 years they were in the government?
Why didnt they apply similar meaures to safe guard the economy? Better keep quie ...
read full comment

Did Akufo Addo, Bawumia, Ken Ofori Atta and Co know about such measures could save the economy during the 8 years they were in the government?
Why didnt they apply similar meaures to safe guard the economy? Better keep quiet for JDM government to do their work
Kosi 3 weeks ago

If your government had pumped that much into the economy to shore up the Cedi instead of looting, would we be where we were when NDC took over? Look at your head with stupid talk. Ghana is doing much much better

If your government had pumped that much into the economy to shore up the Cedi instead of looting, would we be where we were when NDC took over? Look at your head with stupid talk. Ghana is doing much much better
NDC retarded fools 3 weeks ago

What's the benefit of spending $8 billion to shore up a currency when teachers and nurses were denied their salaries for over 10 months? My goodness, how can Ghana develop with such brainless NDC supporters who will defend an ...
read full comment

What's the benefit of spending $8 billion to shore up a currency when teachers and nurses were denied their salaries for over 10 months? My goodness, how can Ghana develop with such brainless NDC supporters who will defend anything. With that amount of money that was wasted, what is the value of the Ghana cedi now? That $8 billion could have funded dual carriageways from Aflao to Elubo, and from Accra to Bolga and include Kumasi to Sunyani. Aside that, $3 billion could have constructed high speed electric railway system from Accra to Kumasi and Tamale. Go and see what Tanzania Politicians have built for their country for $3 billion. NDC supporters, wise up and stop defending any stupid thing your Politicians do
CONCERNED CITIZEN 3 weeks ago

It is the "people's" money, and so what is your problem?

It is the "people's" money, and so what is your problem?
Wise Man. 3 weeks ago

Stop your noise.Why your then Akuffo Adoo term didn't do that?.

Stop your noise.Why your then Akuffo Adoo term didn't do that?.
Me too 3 weeks ago

You pumped your into a cathedral, SML and NSS …. Fooooool ….

You pumped your into a cathedral, SML and NSS …. Fooooool ….
Kwabena Gyam 3 weeks ago

I hope the minority will keep on exposing what is going wrong. If they do not listen time will tell. Most of the responses are not considering the issues raised, they just insult.

I hope the minority will keep on exposing what is going wrong. If they do not listen time will tell. Most of the responses are not considering the issues raised, they just insult.
Rogue Attorney Jay Ray Ram Allan 3 weeks ago

This is all happening because of (DFI) Direct foreign investment. They repatriate more money than they bring into the country. The solution is to encourage and support the local investors to expand. DFI that is not hinged on ...
read full comment

This is all happening because of (DFI) Direct foreign investment. They repatriate more money than they bring into the country. The solution is to encourage and support the local investors to expand. DFI that is not hinged on permanent investment ( structures ) for a long term purpose is worrisome
Justrac Africa Ltd 3 weeks ago

We help secure your perimeter with modern ELECTRIC FENCE SYSTEMS that supports alarm system and backup battery system. We sell and install ELECTRIC FENCE SYSTEMS & CCTV CAMERAS. Call/WhatsApp: 0501796870 for more info. dfgrth ...
read full comment

We help secure your perimeter with modern ELECTRIC FENCE SYSTEMS that supports alarm system and backup battery system. We sell and install ELECTRIC FENCE SYSTEMS & CCTV CAMERAS. Call/WhatsApp: 0501796870 for more info. dfgrthgjhgj
Hahahaha 3 weeks ago

So they knew they could inject funds into the economy to save it but shared it among themselves? Keep confessing, NPP under you guys fell to its knees. Shame on you.. NPP will come to power until all you monkeys are dead and ...
read full comment

So they knew they could inject funds into the economy to save it but shared it among themselves? Keep confessing, NPP under you guys fell to its knees. Shame on you.. NPP will come to power until all you monkeys are dead and gone. Thieves
Paapa 3 weeks ago

Oppong Nkrumah is just throwing dust into people’s eyes and deceiving the public with those comments in parliament. They have not taken any further loans from international sources that we are aware of . What is he talking ...
read full comment

Oppong Nkrumah is just throwing dust into people’s eyes and deceiving the public with those comments in parliament. They have not taken any further loans from international sources that we are aware of . What is he talking about? He should have been challenged to provide better and further particulars to substantiate his claims. Neither is the government undertaking “quantitative easing “ at the central bank. Does the central bank even have the reserves to pump, anyway?The fact is, government is raking in, billions from the Gold bold initiatives. Government needs to be highly commended, and not chastised. Economists should do the country a favor to explain these commentaries to ordinary folks, and let them know who lying.
Truth 3 weeks ago

Noise

Noise
AND SO WHAT? 3 weeks ago

"Government 'pumped' $8 billion to shore up cedi - Oppong Nkrumah alleges"! These Nkwasiasem Party People are really full of shite!

"Government 'pumped' $8 billion to shore up cedi - Oppong Nkrumah alleges"! These Nkwasiasem Party People are really full of shite!
H. T. K. 3 weeks ago

And what about that?

And what about that?
Nobody knows Tomorrow 3 weeks ago

And so what?

And so what?
Albert 3 weeks ago

This fool was the one holding the TownHall meetings to convince us to pay E-Levy. Stupid fool. Look at his ears like a rabbit

This fool was the one holding the TownHall meetings to convince us to pay E-Levy. Stupid fool. Look at his ears like a rabbit
Truth 3 weeks ago

How much did your govt pumped and we didn't see anything? Hypocrites and nkwasiasem

How much did your govt pumped and we didn't see anything? Hypocrites and nkwasiasem
KWAKU BADU (THE MAN HIDING IN THE SPIDER'S WEB) 3 weeks ago

DISHONEST NPP!!!
Why is NPP as a party so dishonest?? When the NDC government is praised for the prudent management of the economy and the gains being made, the NPP quickly jumps in to say that the measures they put in place ...
read full comment

DISHONEST NPP!!!
Why is NPP as a party so dishonest?? When the NDC government is praised for the prudent management of the economy and the gains being made, the NPP quickly jumps in to say that the measures they put in place when in government are now yielding fruits. What a hypocrisy??
What is wrong with Oppong Nkrumah, the good journalist turned a bad politician? The NPP was given eight years to do what they knew to better the lot of Ghanaians. They could not pump $8 billion into the economy to shore up the cedi so we ended up with a cedi trading at 17 cedis to 1 dollar. If the NDC government in its wisdom decides to pump in so much dollars and as a result, the cedi is now being traded at 11 cedis to 1 dollar, must it be hanged???
The NPP has become so desperate and stupid in the face of the sterling performance of the NDC government to the extent that they are not making any sense in their quest to discredit it.
Bongo Ideas 3 weeks ago

A pervert and womanizer like you do not deserve to be in parliament Mr. Oppong Nkrumah

A pervert and womanizer like you do not deserve to be in parliament Mr. Oppong Nkrumah
Smart_Boy 3 weeks ago

Npp aguuuuuuuuuu kai.Oppong Nkrumah now Npp’s spokesman on the economy awuradeeeee.
Wa bon ruuuuuuf.
It is better they pick dr Domfeh

Npp aguuuuuuuuuu kai.Oppong Nkrumah now Npp’s spokesman on the economy awuradeeeee.
Wa bon ruuuuuuf.
It is better they pick dr Domfeh
Sammy kb 3 weeks ago

Big headed man and so what!!!! We like it the way the economy is being managed

Big headed man and so what!!!! We like it the way the economy is being managed
Graveyard 3 weeks ago

I can't think far.so after cancellation e-levy ,betting tax, conv19 tax and Russia Ukraine war is still ongoing but the cedi is trading @ 12ghc to
1usd paa dieeee some thing that inside

I can't think far.so after cancellation e-levy ,betting tax, conv19 tax and Russia Ukraine war is still ongoing but the cedi is trading @ 12ghc to
1usd paa dieeee some thing that inside
Konkom 3 weeks ago

And what's wrong with that uh?? Talk saaa you claim to know everything yet you couldn't deliver...
Allow us please....

And what's wrong with that uh?? Talk saaa you claim to know everything yet you couldn't deliver...
Allow us please....
Blema 3 weeks ago

I don't know your big body is carrying an empty big head. I thought you were a good scholar

I don't know your big body is carrying an empty big head. I thought you were a good scholar
Jebuni tunno 3 weeks ago

Nation wreckers and enemies of Ghana, may you remain in opposition forever. Butting the dollars into the economy is better than you guys sending them to cayman Island

Nation wreckers and enemies of Ghana, may you remain in opposition forever. Butting the dollars into the economy is better than you guys sending them to cayman Island
Kojois 3 weeks ago

Bread and butter. The same old school dead goat nothing new. No ideas

Bread and butter. The same old school dead goat nothing new. No ideas
Kwaku 3 weeks ago

I'm not economist but the MP is making sense. Pumping 8 billion dollars in railways will generate a lot. PPP with private sector will create employment and economy will grow. Why use such huge money to import for consumption.

I'm not economist but the MP is making sense. Pumping 8 billion dollars in railways will generate a lot. PPP with private sector will create employment and economy will grow. Why use such huge money to import for consumption.
Useless NDC 3 weeks ago

That money could have built a high speed electric train from Accra to Bolga. What a bunch of useless Politicians. They just want to brag about stabilizing and raising the value of the Ghana cedi which turned out to be a chara ...
read full comment

That money could have built a high speed electric train from Accra to Bolga. What a bunch of useless Politicians. They just want to brag about stabilizing and raising the value of the Ghana cedi which turned out to be a charade because prices of goods and services never changed to match the Ghana cedi value

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

Business

Government 'pumped' $8 billion to shore up cedi - Oppong Nkrumah alleges

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (41)

Read Comments Comments (41)