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Ghana’s Debt Now ¢91 Trillion

Mon, 15 Sep 2008 Source: The Heritage

The National Democratic Congress (NDC) parliamentary candidate for the Komenda-Edina-Eguafo-Abrem (KEEA) constituency, Joseph Samuel Annan, on Thursday asserted that the country’s total debts now stood at ninety-one trillion cedis.

Speaking at a mini-rally at Kissi, near Komenda in the KEEA constituency, Dr Annan said; although the New Patriotic Party (NPP) had been one of the luckiest governments in the history of Ghana, it has done little to show for the large sums of money it has been receiving in office.

The rally formed part of activities of the five-day tour mounted by the NDC presidential candidate, Professor John Evans Atta Mills, in the Central Region.

Dr Annan, an economist, said Ghana’s debt from 1957 to 2001 stood at ¢43trillion but the NPP, from the time it assumed office eight years ago to date, has catapulted it to ¢91 trillion but has little to show for it.

He, therefore, urged Ghanaians to reject the NPP in the December general election and vote for the NDC to manage the affairs of the country. He also called on the electorate to vote massively for him to enable him represent them in Parliament.

Speaking at the same function, Prof Mills assured the people of Kissi that, if voted into office, he would work hard to improve their lot by establishing a citrus-processing factory in the area, as many of them are orange farmers.

Source: The Heritage