You are here: HomeNewsPolitics2018 09 06Article 682703

Ato Forson punches holes in $50bn Century Bond

Comment: RE: ATO FORSON AND $50BN CENTURY BOND

Author:
Anderson, Bolga
Date:
2018-09-06 20:49:06
Comment to:
Ato Forson punches holes in $50bn Century Bond


Honourable Ato Forson's piece on the $50 billion Century Bond is quite interesting in its one-sidedness. It was either meant to deceive the reading public or he is an ignorant economist. If that amount of money is invested in Ghana's economy, will the size of the economy remain the same? All his analysis is based on the idea that nothing would change and therefore the economy would be choked. My basic economics tells me that the economy would expand; there would be more jobs; there would be more infrastructure and more businesses would emerge. All these mean there would be more revenue to help pay off the debt. If there is any advice and scrutiny, I expect the NDC to put a spotlight on how the money would be utilised by the current NPP and future NDC governments. Stop crying 'wolf' because your analysis is baseless and not supported by facts.
Your Comment:
Subject:


Your Name:


09-06 07:23
 
 
 
RE: ATO FORSON AND $50BN CENTURY BOND
Anderson, Bolga
09-06 20:49