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IMF cuts Ghana’s GDP growth to 6.3%

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Comments (25)

Comment: BUBBLE IS UNRAVELING FUELED BY TRADE WAR

Author:
UHURU
Date:
2018-10-12 14:33:30
Comment to:
IMF cuts Ghana’s GDP growth to 6.3%


The bubble created after the 2008 depression is worse than before 2008. It's about to pop, and that, coupled with the trade war between the biggest economy by PPP and the US, has worsened it.
It's a contagion and it's depressing growth of developing and emerging economies, Ghana being one. It is not for anything, the world is looking at further entrenching multilateralism and global trade outside of the traditional systems and structures that we know.
It's time to end that so-called bailout program and move into the era of sustained growth that is transformative and anchors the development of the country.

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Comment to Article
10-12 05:07
 
 
 
Hmmmm Africa, when?

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Rastee
10-12 05:07
 
 
 
 
CLUELESS NANA ADDO IS A LIAR So the CLUELESS PRESIDENT Nana Addo has been lying to and misinforming Ghanaians, he said recently in New York the economy was going to grow over 8 %,so where did he get his figures from?

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JAY
10-12 06:05
 
 
 
 
 
You don't read, idiot! The IMF projected 8% but has been reviewing the rate downward due to what is happening in the global economy. Even more vibrant industrialised economies are not immune from these external shocks. Could Nana Addo or any other

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Paa
10-12 08:10
 
 
 
 
 
 
Re: You don't read, idiot! Massa....now you know about global economy. Now you know that external factors that you do not control does affect a the indices of a country like ours? Did Bawumia acknowledged anything like that in his lectures when in oppo

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abeiku
10-12 09:24
 
 
 
 
 
 
Don't waste your time Paa, these NDC goons are impregnable to sense and trying to educate them on anything is a waste of time. Look even when the growth has been cut down, a 6.3% growth in their time would have been unprecedented. They are so de

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Paa K
10-12 10:27
 
 
 
 
 
 
 
Only idiots make such comparisons Paa K, have you ever heard of a fallacy called "argumentum ad ignorantiam?" if you haven't, then don't make such stupid comparisons as "Look even when the growth has been cut down, a 6.3% growth in their time would have been

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DER-GBAALE
10-12 10:56
 
 
 
 
 
 
 
 
MOSTLY DUE HIGHER OIL PRICES WHAT GROWTH. HIGHER OIL PRICES THAT'SIT

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KOFI BANZA
10-13 03:17
 
 
 
 
 
 
Re: You don't read, idiot! Paa, its not about name callings and insults but being objective in your submission. IMF never said anywhere Ghana's economy will grow at 8% what they said was 6.8% growth is expected this year 2018 hence the 8% is a figment

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Major General
10-14 09:17
 
 
 
 
 
Facts and figures We must read and do our submissions very well intead of resorting to insult. Jay, the 8% you noted was actually for 2017 fiscal year and the IMF projected 6.8% this year for Ghana but they have reviewed it cos of world econom

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Decorum
10-12 10:22
 
 
 
 
 
Re: CLUELESS NANA ADDO IS A LIAR I am afraid you are the clueless one. Read carefully!

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DANNY
10-12 13:11
 
 
 
STILL BETTER THAN THE WORLD AVERAGE There was actually a downward review for the whole world, particularly Europe. We're still doing better than most parts of the world but we need to do more.

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Odikro
10-12 06:26
 
 
 
 
Re: STILL BETTER THAN THE WORLD AVERAGE Hahahahahaha.....It has always been the case, but Bawumai never acknowledged anything like this his long lectures when in opposition. But really what are you telling us, that Ghana is better than Haiti so we should clap for y

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Darko
10-12 09:28
 
 
 
 
 
Re: STILL BETTER THAN THE WORLD AVERAGE Darko,you are interesting. The way you said "Mahama b3ba" as if Mahama is an accomplished economic guru. But he is anything but. This is the man who shrunk a healthy GDP growth rate of over 10% to a sickly kwashorkor rate of

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VOICE OF REASON
10-12 11:53
 
 
 
 
 
 
Re: STILL BETTER THAN THE WORLD AVERAGE Funny clips. The so called economy growth of 10% you talking about was which year? have you checked your facts well? It was in the Mills-Mahama administration and this same external factors that Bawumia knew of but decided to

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Major General
10-14 09:30
 
 
 
 
Odikro you are wrong! Yes but the difference is they have the basics for their citizens in place unlike us. If we have good growth but people on the streets aren’t benefitting what’s the point?

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Mary
10-12 16:39
 
 
 
Re: IMF cuts Ghana’s GDP growth to 6.3% Too much figures, what's the meaning of this we need a strong n stable currency, thats all what we need

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amin
10-12 07:16
 
 
 
What's New? Just what the IMF and economists do. They project and predict figures, like Ghanaian Pastors and Prophets, only to give you some jumbled talk tomorrow why the figures didn't add up. I can tell them why. Corruption and mismana

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Ohkee-dokee
10-12 09:08
 
 
 
 
YOU SAID IT ALL THEY ARE GOOD AT DOUBLE-SPEAK

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KOFI BANZA
10-13 03:18
 
 
 
BUBBLE IS UNRAVELING FUELED BY TRADE WAR
UHURU
10-12 14:33
 
 
 
INNOVATIVE FINANCING MODEL-BARTER,TERRIF The barter trade is a terrific approach to deal with the debt situation as we drive it down forcefully into the lower 40's and 30's, as well as value-addition industrialization and export-led growth to partake fully within th

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PUSH
10-12 20:12
 
 
 
 
Liars and Idiots Look at another fool calling himself PUSH. When people are talking sense then you open your fucking mouth to talk about barter. For how many years? 100 years? Dig the ground and bring me 5% of bauxite. Who told you it is 5%

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Your head like Lizard
10-13 07:20
 
 
 
 
Dear PUSH, please elaborate I'd like to learn more.

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Kenyatta
10-15 19:22
 
 
 
Imf cuts gdp Its very important to keep the discussion at literate levels in order to be sincere to society. No pranks. From the body of the news item itself, low inflation rate was equated to low prices which is not exactly correct. Low

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Kofi Bekoe
10-16 01:28
 
 
 
Re: IMF cuts Ghana’s GDP growth to 6.3% Now its clear that under IMF tutelage the ndc created the opportunities to grow the economy in 2017 through very pragmatic,austere policies & investments than the npp has done In fact the 8.3% growth touted by the npp in 201

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Skippy
11-24 22:34
 
 
 
 
Re: IMF cuts Ghana’s GDP growth to 6.3% ....the statistical service figures don't lie!

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Skippy
11-24 22:38