I will challenge the Ghana Govenment for transparency since the loans from Turkey and Libia is not accounted for . Money borrowed and left at point of borrow is also not accounted for. Madam IMF the government can not be trus ... read full comment
I will challenge the Ghana Govenment for transparency since the loans from Turkey and Libia is not accounted for . Money borrowed and left at point of borrow is also not accounted for. Madam IMF the government can not be trusted and therefore you need to reject the argument put up by the minister . Look in their mind it's you versus them they stand to prove you wrong versus improving the Ghana economic, creating jobs for its citizen , providing drinking water to the thirsty. the African mind is a waste of time from the lens of the west . Thank you
Hazor 8 years ago
As far as NDC has taken Ghanaians for fools and those fools who support them and not benefit from their borrowing and create,loot and share behaviour and borrowed to paid nonexistenting debt out debt will increase astronomica ... read full comment
As far as NDC has taken Ghanaians for fools and those fools who support them and not benefit from their borrowing and create,loot and share behaviour and borrowed to paid nonexistenting debt out debt will increase astronomical.These fools should stop attacking IMF and world Bank
oko 8 years ago
It doesnt make sense at all. You took power with debt 9 billion and have increased in 8 years to 9.4 billion.
And they parade that all is well.what foolishness paying unecessary interest to other worlds whiles ghanaian you ... read full comment
It doesnt make sense at all. You took power with debt 9 billion and have increased in 8 years to 9.4 billion.
And they parade that all is well.what foolishness paying unecessary interest to other worlds whiles ghanaian young hunger all because of NDC yentie obia
Angola Italy 8 years ago
master it went from $9.0 billion to $94.0 billion . Please check your decimal thx
master it went from $9.0 billion to $94.0 billion . Please check your decimal thx
Mohammed 8 years ago
What the fuck is wrong with the IMF? They are responsible for this mess. Let them keep borrowing and then tax them with high interest rate. 10 billion every yr for interest
Why will the IMF keeps letting the country borrow ... read full comment
What the fuck is wrong with the IMF? They are responsible for this mess. Let them keep borrowing and then tax them with high interest rate. 10 billion every yr for interest
Why will the IMF keeps letting the country borrow under the stupid NDC government? Why will u keep letting someone borrow if he can't pay back? From 9 billion to 94 billion,,, what the fuck?
What the fuck is with Tekpe and Mahama?
Open Your Eyes 8 years ago
The debt has gone from US$9 Billion from NPP to U$94 Billion under NDC. They have increased it times ten. So what is he talking about? Fighting what?
The debt has gone from US$9 Billion from NPP to U$94 Billion under NDC. They have increased it times ten. So what is he talking about? Fighting what?
#ACCOUNTABILITY WILL HAPPEN 8 years ago
The question is what is there to show for all this borrowing? Angrily enough, there is nothing. Ghana is under a gov't with a policy of borrow to loot. Thievery has collapsed Ghana and in 2016, there must be consequences, ser ... read full comment
The question is what is there to show for all this borrowing? Angrily enough, there is nothing. Ghana is under a gov't with a policy of borrow to loot. Thievery has collapsed Ghana and in 2016, there must be consequences, serious consequences at the ballot box for such a policy of thievery. NDC will have to account for every single pesewa of money line by line, amount by amount, project by project, expenditure by expenditure and woes betides them if this is not done...
jagadu 8 years ago
Where is Rawlings in all these. These NDC people should face the firing squad for bringing Ghana to its knees. We need a revolution in Ghana.
Where is Rawlings in all these. These NDC people should face the firing squad for bringing Ghana to its knees. We need a revolution in Ghana.
Karlo 8 years ago
ridiculous and laughable.
So Stupid.
IMF always beings developing countries to its knees cos of fck-witz like ndc and terkper licking IMF behind knowing full well what will happen. Now he wants to absolve himself behind a ... read full comment
ridiculous and laughable.
So Stupid.
IMF always beings developing countries to its knees cos of fck-witz like ndc and terkper licking IMF behind knowing full well what will happen. Now he wants to absolve himself behind a statement to say he is fighting???
Joker
Guess what? IMF says its your fault for messing up the economy. they walk away with the biggest stupidest easiest profit for so little money.
Norgbedzi Wisdom Yaw 8 years ago
It is about time we stop taking advices and financial aids from those so called world financial rulers such as IMF. We must do and can do it by ourselves. Dependency on them continues draining our pockets and increases the pl ... read full comment
It is about time we stop taking advices and financial aids from those so called world financial rulers such as IMF. We must do and can do it by ourselves. Dependency on them continues draining our pockets and increases the plight of Ghanaians day in and out. How come within 6years period, debt uptick is Ghc 86.5 billion? Why? Our master economists must stand up and say no. Ghana is suffering and blames to no other persons but ourselves. We make up the minds to follow their fake impositions. The leaders must also learn to serve their purposes and not open their mouths to money.
Akans Prophecies 8 years ago
These are primitives and nothing more to say. They are an insult to our Ghanaian heritage,especially when the west favoured Africains to wipe off their external debts initiated by Obama .Mahama is a Gonja bushman slowly drivi ... read full comment
These are primitives and nothing more to say. They are an insult to our Ghanaian heritage,especially when the west favoured Africains to wipe off their external debts initiated by Obama .Mahama is a Gonja bushman slowly driving Ghana to an economic holocaust. This could be attributed to his Burkinabe origin.He lacks his Ghanaian identity. He must be afraid of himself. No typical Ghanaian was brought up with a borrowing spree. Bole Pig.
Obenfo 8 years ago
IMF imposed Terkper on Ghana to do their bidding. He used to work of the IMF, so the IMF pushed him on Mills and then on Mahama to bring Ghana under IMF's subjection.
Relative to the global financial crises, Ghanaian Bank ... read full comment
IMF imposed Terkper on Ghana to do their bidding. He used to work of the IMF, so the IMF pushed him on Mills and then on Mahama to bring Ghana under IMF's subjection.
Relative to the global financial crises, Ghanaian Banks were nowhere near the financial derivatives that brought down the economies of the advanced world.
So when you closely review the situation, the fall in commodity prices alone shouldn't be able to make Ghana fall to the ground this hard within such a short period.
A T 8 years ago
Yes, you are right. But what about stealing by government officials? Can't that bring us down? Just look at the scandals - Woyome, GYEEDA, SUBA, etc.
Yes, you are right. But what about stealing by government officials? Can't that bring us down? Just look at the scandals - Woyome, GYEEDA, SUBA, etc.
Kwame 8 years ago
NDC has natin gud to offer . only over estimating bills
NDC has natin gud to offer . only over estimating bills
Ukulele 8 years ago
Two points that need to be addressed here by the writer.
(1) Is it correct that the Debt level increased from GHC9 billion to GHC94.5 billion or that was an error? Refer the comment "The country’s total debt was about GH ... read full comment
Two points that need to be addressed here by the writer.
(1) Is it correct that the Debt level increased from GHC9 billion to GHC94.5 billion or that was an error? Refer the comment "The country’s total debt was about GH¢9 billion when the ruling National Democratic Congress (NDC) took over power from the previous NPP administration in January 2009 but the amount increased to GH¢94.5 billion as at July 2015."
(2) You gave us the % ratio of the current Debt to GDP under the NDC Administration. What you did not do was to give as the same ratio under the NPP Administration so we can compare apples to apples. The thing is that if the current govt increased the Debt level to purchase assets to produce exportable goods which have not yet increased the GDP level then comparatively, the current govt is doing better. We need to know the ratio under NPP to compare. Thank you.
JOE 8 years ago
Mahama, and his NDC led government should not forget that they will live to account for each penny of all these monies when the right time comes.
Mahama, and his NDC led government should not forget that they will live to account for each penny of all these monies when the right time comes.
I will challenge the Ghana Govenment for transparency since the loans from Turkey and Libia is not accounted for . Money borrowed and left at point of borrow is also not accounted for. Madam IMF the government can not be trus ...
read full comment
As far as NDC has taken Ghanaians for fools and those fools who support them and not benefit from their borrowing and create,loot and share behaviour and borrowed to paid nonexistenting debt out debt will increase astronomica ...
read full comment
It doesnt make sense at all. You took power with debt 9 billion and have increased in 8 years to 9.4 billion.
And they parade that all is well.what foolishness paying unecessary interest to other worlds whiles ghanaian you ...
read full comment
master it went from $9.0 billion to $94.0 billion . Please check your decimal thx
What the fuck is wrong with the IMF? They are responsible for this mess. Let them keep borrowing and then tax them with high interest rate. 10 billion every yr for interest
Why will the IMF keeps letting the country borrow ...
read full comment
The debt has gone from US$9 Billion from NPP to U$94 Billion under NDC. They have increased it times ten. So what is he talking about? Fighting what?
The question is what is there to show for all this borrowing? Angrily enough, there is nothing. Ghana is under a gov't with a policy of borrow to loot. Thievery has collapsed Ghana and in 2016, there must be consequences, ser ...
read full comment
Where is Rawlings in all these. These NDC people should face the firing squad for bringing Ghana to its knees. We need a revolution in Ghana.
ridiculous and laughable.
So Stupid.
IMF always beings developing countries to its knees cos of fck-witz like ndc and terkper licking IMF behind knowing full well what will happen. Now he wants to absolve himself behind a ...
read full comment
It is about time we stop taking advices and financial aids from those so called world financial rulers such as IMF. We must do and can do it by ourselves. Dependency on them continues draining our pockets and increases the pl ...
read full comment
These are primitives and nothing more to say. They are an insult to our Ghanaian heritage,especially when the west favoured Africains to wipe off their external debts initiated by Obama .Mahama is a Gonja bushman slowly drivi ...
read full comment
IMF imposed Terkper on Ghana to do their bidding. He used to work of the IMF, so the IMF pushed him on Mills and then on Mahama to bring Ghana under IMF's subjection.
Relative to the global financial crises, Ghanaian Bank ...
read full comment
Yes, you are right. But what about stealing by government officials? Can't that bring us down? Just look at the scandals - Woyome, GYEEDA, SUBA, etc.
NDC has natin gud to offer . only over estimating bills
Two points that need to be addressed here by the writer.
(1) Is it correct that the Debt level increased from GHC9 billion to GHC94.5 billion or that was an error? Refer the comment "The country’s total debt was about GH ...
read full comment
Mahama, and his NDC led government should not forget that they will live to account for each penny of all these monies when the right time comes.