Excessive spending in 2020 partly to blame for economic woes - IMF boss

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Sunday Oliseh 1 year ago

No peace for wicked party

No peace for wicked party
Unpredictable Oye Onye Kwasi Atta 1 year ago

She has confirmed what we already know. Excessive spending, unsound policies and mismanagement of the economy by shamelessly incompetent and tainted liars.

She has confirmed what we already know. Excessive spending, unsound policies and mismanagement of the economy by shamelessly incompetent and tainted liars.
Addo 1 year ago

The IMF is playing politics with our economy. Were they not the same people who said it was covid-19 and Russia war in Ukraine that has brought our economy down, why have they changed the stance now?
They cannot be trusted. ...
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The IMF is playing politics with our economy. Were they not the same people who said it was covid-19 and Russia war in Ukraine that has brought our economy down, why have they changed the stance now?
They cannot be trusted. They must come clear with evidence. We already know it was not the covid and Ukraine war but mismanagement yet the IMF insissted. Today what has happened?
NPP= NANA'S POVERTY PROMOTERS 1 year ago

FROM THE HORSES OWN MOUTH
I hope illiterate and clueless NPP communicators understand what the IMF boss Georgieva is saying. Hello Fellow Ghanaians, Ghana's Economic problems were caused by excessive borrowing and spending d ...
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FROM THE HORSES OWN MOUTH
I hope illiterate and clueless NPP communicators understand what the IMF boss Georgieva is saying. Hello Fellow Ghanaians, Ghana's Economic problems were caused by excessive borrowing and spending during the 2020 elections year NOT Corvid 19 and Russian/Ukraine war. I don't want to hear again anything about corvid 19 and Russian/Ukraine war again. NDC and other CSOs have been saying this for upteenth times but NPP said no.
FRANKIE 1 year ago

Oyiwa ooooo oyiwa! Where is AKUFFO ADDO and Bawumia? Corruption, corruption and more corruption. Bloody scoundrels and scumbags.

Oyiwa ooooo oyiwa! Where is AKUFFO ADDO and Bawumia? Corruption, corruption and more corruption. Bloody scoundrels and scumbags.
Turning the Corner 1 year ago

They looted the money and shared some small one to bribe voters. We surely did not see the money being spent on any productive project for the common good

They looted the money and shared some small one to bribe voters. We surely did not see the money being spent on any productive project for the common good
Boloko Soap: Super Thieves 1 year ago

Who didn't know this already? Useless projects like National cathedral, massive looting and big government are the main killers. These folks had insatiable appetite for stealing public funds.

Who didn't know this already? Useless projects like National cathedral, massive looting and big government are the main killers. These folks had insatiable appetite for stealing public funds.
Koliko 1 year ago

Sayooo!

Sayooo!
Michael 1 year ago

The hypocrisy of this multilateral partners is just too much. Was she not the same person who said Ghana's economic difficulties were caused by exogenous factors i.e. COVID 19 and Russia Ukraine war?

The hypocrisy of this multilateral partners is just too much. Was she not the same person who said Ghana's economic difficulties were caused by exogenous factors i.e. COVID 19 and Russia Ukraine war?
Baga 1 year ago

It wasn't excessive spending it stolen thinking that they will lose the election period.

It wasn't excessive spending it stolen thinking that they will lose the election period.

No Nonsense 1 year ago

When Ghanaians voted for Nana Akuffo Addo, little did they know they had voted the Mother Serpent of Corruption Since 1957 into power. So my fellow Ghanaians, what do you expect, not just from an ordinary serpent which is po ...
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When Ghanaians voted for Nana Akuffo Addo, little did they know they had voted the Mother Serpent of Corruption Since 1957 into power. So my fellow Ghanaians, what do you expect, not just from an ordinary serpent which is poisonous and murderous from day one when it is hatched, but from the Mother Serpent herself?" A good tree cannot bring forth a corrupt fruit, neither can a corrupt tree bring forth a good fruit. Every tree that does not bring forth good fruit is hewn down, and cast into the fire." So in Dec 7 this year, you know what to do; cast him down. That's all, otherwise the children will even do worse than their mother serpent. Please let us not repeat the words of a famous Ghanaian song, "Nsu beto a, mframa di kae. Me kae na wentie." A word to the wise is enough.
The Spear 1 year ago

What siphoned Ghanaians' brain from their craniums? Or they were dreaming when they went to vote for Nana Addo? Are you serious?

How well did he do as Attorney General? Akufo-Addo refused to have those 5 NPP senior ladies ...
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What siphoned Ghanaians' brain from their craniums? Or they were dreaming when they went to vote for Nana Addo? Are you serious?

How well did he do as Attorney General? Akufo-Addo refused to have those 5 NPP senior ladies caught traveling with narcotics at the Airport prosecuted! But Nana did worse!

How did he fare as Minister of Foreign Affairs? It was worse than he was as AG, and he got the Ministry burned when suddenly Mills worn. There shouldn't have inspired even fools somewhere else, but in Ghana where sub-mediocrity is worshiped, people don't care until it's too late and they're suffering.

Who in their right sense of mind would want to vote Akufo-Addo in exception of Ghanaians?
kwamevi 1 year ago

IMF now admits reckless spending is part of the economic woes .Also after the money has been disbursed

IMF now admits reckless spending is part of the economic woes .Also after the money has been disbursed
Bastie Asantefourhene 1 year ago

Why’re they still collecting Covid levy ?

Why’re they still collecting Covid levy ?
HENRY, SPAIN 1 year ago

COVID WAS EVERYWHERE. UCRANIA WAR STILL GOING ON. GHANA HAD A GOVERNMENT WITH SQUARE PIGS IN ROUND HOLES. WE HAVE THE MEN AND WOMEN TO HANDLE THAT MINISTRY BUT TO DEAF EARS. NOTHING ELSE. TO DUMP THE ECONOMY. THAT'S THE HYPO ...
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COVID WAS EVERYWHERE. UCRANIA WAR STILL GOING ON. GHANA HAD A GOVERNMENT WITH SQUARE PIGS IN ROUND HOLES. WE HAVE THE MEN AND WOMEN TO HANDLE THAT MINISTRY BUT TO DEAF EARS. NOTHING ELSE. TO DUMP THE ECONOMY. THAT'S THE HYPOCRISY OF THE POLITICIANS. LOOT AND SHARE. NOTHING ELSE. DON'T FACE JUSTICE WITH HARD SENTENCES. JERRY SET AN EXAMPLE BUT THEVE FORGOTTEN. TIME WILL TELL.
Zionism is racism 1 year ago

She actually meant corruption and theft. They became very rich, wgile became an HIPC. Boycott Israel, the criminal,terrorist, genocidal and racist state.

She actually meant corruption and theft. They became very rich, wgile became an HIPC. Boycott Israel, the criminal,terrorist, genocidal and racist state.
Deen 1 year ago

Madam thanks for adding your voice to madam felicia of the NPP in the North for saying the truth of our economic state.

Madam thanks for adding your voice to madam felicia of the NPP in the North for saying the truth of our economic state.
Gborlahn 1 year ago

And you had to come all the way here to tell us? We already know but our leaders think they can hoodwink us into believing otherwise.

And you had to come all the way here to tell us? We already know but our leaders think they can hoodwink us into believing otherwise.
Nii Adjei 1 year ago

You see, these guys are Ghana's problem- The Bretton Wood institutions. In the spirit of international diplomacy, they will never reveal the true diagnosis of economic challenges for fear of handing political capital over to ...
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You see, these guys are Ghana's problem- The Bretton Wood institutions. In the spirit of international diplomacy, they will never reveal the true diagnosis of economic challenges for fear of handing political capital over to the opposition. Now that they are overwhelmingly convinced that the incumbent NPP is opposition bound due to the catastrophic mismanagement of the nation's scarce resources; evidence of which abound in the unprecedented deterioration in living conditions of Ghanaians, they have started singing different tune. Madam IMF managing director, were you not the same woman/man/shemale who attributed our challenges purely to exogenous shocks? And didn't your sister/brother/sisi-bro institution World Bank publish that 850,000 Ghanaians have been pushed down the poverty line due to the implementation of the Domestic Debt Exchange Program? You have never been forthright with developing countries and unfortunately our greedy leaders continue to have your support in milking us dry. But thank God change is coming and I am personally cataloging all the inconsistencies in your reporting. It shall surely be played back to you. Wicked imperialists you are!
Bismarck Aboagye 1 year ago

This is from the horse's own mouth. It's not Russia -Ukraine war. Ghana's problem is corruption, excessive injection of money into the economy to buy votes for the NPP in the 2020 elections. I hope Akuffo Addo will not use Ru ...
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This is from the horse's own mouth. It's not Russia -Ukraine war. Ghana's problem is corruption, excessive injection of money into the economy to buy votes for the NPP in the 2020 elections. I hope Akuffo Addo will not use Russia's name as twapea to beg for foreign aid. Ahh another election is coming this year, 2024 so the IMF boss came to warn government to behave itself this time. NPP doesn't mind, it will spoil the country before leaving it for the NDC.

Ex-Pope 1 year ago

ECONOMIC WOES CAUSED BY JULOR HOUSE THIEVERY AND MISMANAGEMENT.

Stop being so diplomatic. The cause of the economic is the Julor House excessive thievery, looting, plundering and mismanagement.

ECONOMIC WOES CAUSED BY JULOR HOUSE THIEVERY AND MISMANAGEMENT.

Stop being so diplomatic. The cause of the economic is the Julor House excessive thievery, looting, plundering and mismanagement.
NTOW 1 year ago

She should have mentioned the excessive borrowing too and not just the spending ( thievery)

She should have mentioned the excessive borrowing too and not just the spending ( thievery)
Laud 1 year ago

We know this fact all along. No need to tell us. What you may not know is that they loot every dollar of the IMF loans. We are tired of the corrupt regime of akuffo addo and bawuliar.

We know this fact all along. No need to tell us. What you may not know is that they loot every dollar of the IMF loans. We are tired of the corrupt regime of akuffo addo and bawuliar.
AS LONG AS THAT FRAUDULENT INDEMNITY CLAUSE STAYS IN GHANA'S CONSTITUTION GHANA'S FUCKING LEADERS WILL CONTINUE LOOTING OUR ECONOMY AND COUNTRY TILL THY KINGDOM COME. 1 year ago

THE LEAST THING ON THE MINDS OF A TYPICAL USELESS GHANAIAN LEADER IS GHANA'S MACROECONOMIC GROWTH AND PERFORMANCE.

GHANA'S CORRUPT THIEVING LEADERS HAVE MORTGAGED ALL THE NATURAL RESOURCES NEEDED TO BRING ABOUT MACROECONO ...
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THE LEAST THING ON THE MINDS OF A TYPICAL USELESS GHANAIAN LEADER IS GHANA'S MACROECONOMIC GROWTH AND PERFORMANCE.

GHANA'S CORRUPT THIEVING LEADERS HAVE MORTGAGED ALL THE NATURAL RESOURCES NEEDED TO BRING ABOUT MACROECONOMIC GROWTH.

VERY SOON, GHANA LEADERS WILL TAX GHANAIANS FOR BREATHING IN THE AIR IN GJANA
Mr. Good 1 year ago

But the government admits that our expenditures shot up significantly in 2020. And the reason is obviously the COVID. From contact tracing to tax waivers, to PPEs to hospitals and schools, to free water and electricity, to tr ...
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But the government admits that our expenditures shot up significantly in 2020. And the reason is obviously the COVID. From contact tracing to tax waivers, to PPEs to hospitals and schools, to free water and electricity, to treatments for COVID patients, to vaccines, to free hotel to some arriving from abroad,etc. These weren't planned expenses.
Even though the data will show that there's a huge expenses in election years including 2020, the reasons for that trend are very different in the previous years from the reasons for 2020s.
TonyB 1 year ago

The truth which never hides has been let out of the bag Madam thank you for exposing them at last

The truth which never hides has been let out of the bag Madam thank you for exposing them at last

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Excessive spending in 2020 partly to blame for economic woes - IMF boss

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