With the NDC government borrowing at 25%, which bank would want to lend to any private investor in the country? Presumably this bonds were picked up by Ghanaian banks that have uncontrolled purchase of Government bonds.
With the NDC government borrowing at 25%, which bank would want to lend to any private investor in the country? Presumably this bonds were picked up by Ghanaian banks that have uncontrolled purchase of Government bonds.
Akans Prophecies 8 years ago
Mahama is scrupulous in spendings. This never ending borrowing is the cause of our legend poverty. Next he debates on achievements which is sending toys to chiefs and broadcasting about uncompleted hospices, school buildings ... read full comment
Mahama is scrupulous in spendings. This never ending borrowing is the cause of our legend poverty. Next he debates on achievements which is sending toys to chiefs and broadcasting about uncompleted hospices, school buildings and untarred roads ! It was useless inviting this good for nothing to Malta to stop our African econiomic immigration ! Who will ever dwell in a country that a fake president have no clue on economic reformation ? A fool who auto destruct every good planning of resources and throw the populaces into unecessary abject porverty !
Naayale Woyome 8 years ago
Hey my friend, stop the long English. Say it as it is. These people are damned stupid idiots.
Hey my friend, stop the long English. Say it as it is. These people are damned stupid idiots.
Seth 8 years ago
Take the tools and machinery and grow big plantains of cocoa, palm oil trees and cassava and add value to it to export. Is this difficult or we just do not know the outcome. Borrowing to pay debt must be borrowing to invest ... read full comment
Take the tools and machinery and grow big plantains of cocoa, palm oil trees and cassava and add value to it to export. Is this difficult or we just do not know the outcome. Borrowing to pay debt must be borrowing to invest to export and pay back.Are we senseless people.
Obenfo 8 years ago
This borrowing to redeem previous debt cycle which this government has implemented would be very difficult to break. Payment of Debt is going to hang on Ghana's neck for years to come. US Fed is contemplating on raising inte ... read full comment
This borrowing to redeem previous debt cycle which this government has implemented would be very difficult to break. Payment of Debt is going to hang on Ghana's neck for years to come. US Fed is contemplating on raising interest rates from near zero, and that will even worsen the case for Ghana.
Terkper - the IMF Agent, has returned Ghana to a modern day slavery. Ghana will forever work to pay interest to its Debtors - so sad that we have indirectly put ourselves back into slavery. I guess Black people were not made to be free in this world, PERIOD!
KnYc(USMC) 8 years ago
$21 billion will be pay as a interest to be paid to investors within the next 5 years. This government is useless, ndc is distrosying Ghana.
$21 billion will be pay as a interest to be paid to investors within the next 5 years. This government is useless, ndc is distrosying Ghana.
Criminally irresponsible!
With the NDC government borrowing at 25%, which bank would want to lend to any private investor in the country? Presumably this bonds were picked up by Ghanaian banks that have uncontrolled purchase of Government bonds.
Mahama is scrupulous in spendings. This never ending borrowing is the cause of our legend poverty. Next he debates on achievements which is sending toys to chiefs and broadcasting about uncompleted hospices, school buildings ...
read full comment
Hey my friend, stop the long English. Say it as it is. These people are damned stupid idiots.
Take the tools and machinery and grow big plantains of cocoa, palm oil trees and cassava and add value to it to export. Is this difficult or we just do not know the outcome. Borrowing to pay debt must be borrowing to invest ...
read full comment
This borrowing to redeem previous debt cycle which this government has implemented would be very difficult to break. Payment of Debt is going to hang on Ghana's neck for years to come. US Fed is contemplating on raising inte ...
read full comment
$21 billion will be pay as a interest to be paid to investors within the next 5 years. This government is useless, ndc is distrosying Ghana.