Confused government, how can u every get a headway on our economy if you're fiscally indiscipline and lacks efficient planning and monitoring.
Ghana is in a very bad pair of hands.
Confused government, how can u every get a headway on our economy if you're fiscally indiscipline and lacks efficient planning and monitoring.
Ghana is in a very bad pair of hands.
Joe Turkey 8 years ago
It's got nothing to do with "favorable market conditions"; it's about Ghana's rotten financial condition. Eurobond yields are at its lowest in history and it can not get any better. The problem is that Ghana is so highly leve ... read full comment
It's got nothing to do with "favorable market conditions"; it's about Ghana's rotten financial condition. Eurobond yields are at its lowest in history and it can not get any better. The problem is that Ghana is so highly leveraged and therefore considered very, very risky. The only reason Ghana can even borrow at this time is because yields are so low some investors will take a risk on a 10.75% Ghana bond than, say a 2.5% US bond. Economists call it risk aversion. That is besides the point. Ghana is now up to the neck in debt. At what point will this government learn to tell the truth and at what point are we going to say enough is more than enough?
Ekow Seth 8 years ago
This should not be about party politics. It is a rolling problem that will confront any govt. The challenge for our nation is how to create money without such high borrowing costs. Bad financial advice.
This should not be about party politics. It is a rolling problem that will confront any govt. The challenge for our nation is how to create money without such high borrowing costs. Bad financial advice.
Yayo 8 years ago
Ain't it in the IMF conditionalities not to borrow....? Why then do we keep financing by debt finance huh.... You people are piling up soo much debt... You're killing Ghanaians slowly.. aaabbaa..
Ain't it in the IMF conditionalities not to borrow....? Why then do we keep financing by debt finance huh.... You people are piling up soo much debt... You're killing Ghanaians slowly.. aaabbaa..
Seth 8 years ago
When will Ghana to farm and double or triplle the cocoa output to get more money than the Bonds ?. Or other agric. output ?
When will Ghana to farm and double or triplle the cocoa output to get more money than the Bonds ?. Or other agric. output ?
Confused government, how can u every get a headway on our economy if you're fiscally indiscipline and lacks efficient planning and monitoring.
Ghana is in a very bad pair of hands.
It's got nothing to do with "favorable market conditions"; it's about Ghana's rotten financial condition. Eurobond yields are at its lowest in history and it can not get any better. The problem is that Ghana is so highly leve ...
read full comment
This should not be about party politics. It is a rolling problem that will confront any govt. The challenge for our nation is how to create money without such high borrowing costs. Bad financial advice.
Ain't it in the IMF conditionalities not to borrow....? Why then do we keep financing by debt finance huh.... You people are piling up soo much debt... You're killing Ghanaians slowly.. aaabbaa..
When will Ghana to farm and double or triplle the cocoa output to get more money than the Bonds ?. Or other agric. output ?