Passport scandal: Asafo Adjei questions independence of Ablakwa's committee

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• Kojo Opoku-London-UK 40 minutes ago

  Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
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  Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
  The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war. We STILL HAVE THE UKRAINE -RUSSIA WAR. We ALSO HAVE USA-IRAN-ISRAEL WAR-CAUSING OIL PRICES DOUBLED BUT THE CEDI IS STILL BETTER THAN THE NPP ECONOMIC MESSIAH BAWUMIA 2022-2024
  Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.
  
  It insisted that the economic meltdown was “homegrown”.
  
  In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.
  
  “The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.
  
  The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.
  
  But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".
  
  Interbank Market: Cedi trades at GH¢12.35 to $1
  
  The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.
  
  The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.
  
  “Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.
  
  The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.
  
  Today, more than a quarter of Ghanaians live below the poverty line, it noted.
  
  Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.
  
  It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.
  
  “Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.
  
  Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.
  
  The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.
  
  “There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”
  
  Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.
  
  Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.
  
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• Kojo Opoku-London-UK 38 minutes ago

  NPP stop stealing Dr Kwame Nkrumah FREE EDUCATION AND FREE HEALTH CARE IDEAS. DR KWAME NKRUMAH WAS the first and original President of Ghana who first introduced FREE EDUCATION AND FREE HEALTH CARE ETC ETC-in Ghana. The NPP a ...
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  NPP stop stealing Dr Kwame Nkrumah FREE EDUCATION AND FREE HEALTH CARE IDEAS. DR KWAME NKRUMAH WAS the first and original President of Ghana who first introduced FREE EDUCATION AND FREE HEALTH CARE ETC ETC-in Ghana. The NPP always steal Dr Kwame Nkrumah ideas as theirs. But the NPP threw bombs at Dr Kwame Nkrumah to kill him 8 times. They plotted with policeman Ametewee to shoot Dr Kwame Nkrumah dead because they were jealous of his ideas and vision......5
  
  According to Captain KOFI AMOABENg-UT BANK PROPRIETOR-days in the then Primary School, education was COMPULSORY. Primary and Middle school days in the 60s and 70s in Sekondi, parents did not pay a pesewa as school fees. Besides that, there was free textbooks, free stick pen, free ink, free blotting paper, free pencil, free eraser and free exercise books etc etc. You dare NOT absent yourself from school without tangible reason. Then in Secondary School in the 70s, parents/guardians pay only for BOARDING AND LODGING. Day Students did not pay anything. No Tuition fees because it was FREE for all students. Textbooks was supplied to students at beginning of the term and collected by the Store Keeper end of the term. Free Dining Hall chops. UNIVERSITY EDUCATION WAS ALSO FREE. Students were assigned to Halls of Residence and nothing was paid. Students eat at the Cafeteria ( UCC, CASFORD HALL) and others in Dining Halls ( Oguaa, Adehye, Atlantic) for free with coupons. So NPP should give us a break.565687676898787876696976976796789768

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• Akwasi 37 minutes ago

  Moron!
  Go eat shit!

  Moron!
  Go eat shit!

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• AGBELI KUMORDZI8 25 minutes ago

  Another foolish akan go and bring back Offori Atta
  Foolish racons

  Another foolish akan go and bring back Offori Atta
  Foolish racons

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• Quame 21 minutes ago

  The NPP seems to be lost in ideas. They ask that something should be investigated, when it’s being done, then, they raise an objection on grounds of trust. Inasmuch as we are all want the truth to be known, the NPP seems no ...
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  The NPP seems to be lost in ideas. They ask that something should be investigated, when it’s being done, then, they raise an objection on grounds of trust. Inasmuch as we are all want the truth to be known, the NPP seems not to want that but go on a personal vendetta. They keep changing the narrative and this isn’t going to help. I won’t be surprised if they constitute their own committee to investigate this matters.

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