$3b Chinese loan will arrive soon - Government

Read Article

Comments (48)

This article is closed for comments.

Read Comments Comments (48)

98902 12 years ago

Who will pay that off after its squandered

Who will pay that off after its squandered
BISHOP 12 years ago

What a bunch of low IQ stupid cluless fools in govt doing nothing but looting the nation dry.

We have a long way to go as a nation. Such a beautiful nation had been incapacitated by visionless leaders because the IQ is jus ...
read full comment

What a bunch of low IQ stupid cluless fools in govt doing nothing but looting the nation dry.

We have a long way to go as a nation. Such a beautiful nation had been incapacitated by visionless leaders because the IQ is just not there.

All the IQ had equiped them to do is the ability to loot. Thieves!
Paapa 12 years ago

These are all lies. For 4years now, this loan will simply not come. The Chinese govt knew Prof Mills was a little more sincere, and will invest the money appropriately. Since he died, they simply don't trust anyone in this cu ...
read full comment

These are all lies. For 4years now, this loan will simply not come. The Chinese govt knew Prof Mills was a little more sincere, and will invest the money appropriately. Since he died, they simply don't trust anyone in this current government. That is why they have refused to release the amount, period.
insight to the bone 12 years ago

when fools meets one should not be surprised by the stupidity they can produce . Ghana is more aware of the ethnic divisions than ever before because it really does matter . people think that democracy is only about winner ta ...
read full comment

when fools meets one should not be surprised by the stupidity they can produce . Ghana is more aware of the ethnic divisions than ever before because it really does matter . people think that democracy is only about winner takes all elections and do not understand its also a style of governance. pepeni and his ndc idiots would like to implement an authoritarian dictatorship but are too weak so settle for massa , yes sir boss and these stupid recognitions, meanwhile their incompetent govt no dey see top to do anything better.ideas and desires centuries old such as the free Akan state are attacked by their illiterate foot-soldiers who are frightened that this will come to be so they try and write superficially sick commentaries that can never succeed in hiding the truth , long live the republic of Akan
Jato Julor (J.J.) Rawlings 12 years ago

Stole over Ghc8 billion and now going to borrow $3 billion ?

The Mahama govt exceeded its expenditure target by incurring a budget deficit of 12% last year 2012, which was over GHc8 billion with nothing to show for it.

...
read full comment

Stole over Ghc8 billion and now going to borrow $3 billion ?

The Mahama govt exceeded its expenditure target by incurring a budget deficit of 12% last year 2012, which was over GHc8 billion with nothing to show for it.

And they are proud to go aborrowing $3billion from the chinese ?

Are these stealers serious at all ?

The Ghc8 billion which is roughly a little over $4 billion and the $3 billion chinese loan, which is bigger ?

If the govt could obtain Ghc8 billion from our own resources to buy 'migrating guinea fowls', why then go borrow $3 billion from the chinese ?

These stealers are bent on making Ghana a highly indebted poor country (hipc)again.

Thieves with no sense of shame.
JUDGE 12 years ago

THOSE THIEVES CALLED NDC.

THOSE THIEVES CALLED NDC.
JUDGE 12 years ago

NDC THE MOST CORRUPT AFRICAN GOVERNMENT

NDC THE MOST CORRUPT AFRICAN GOVERNMENT
JUDGE 12 years ago

NDC THE MOST CORRUPT AFRICAN GOV

NDC THE MOST CORRUPT AFRICAN GOV
SHAMO 12 years ago

MORE BOOTY FOR NDC OFOSU KWAKYE WILL OPEN MORE ACCOUNTS SOON! GIRLS BE READY FOR MORE 4X4, GUINEA FOWLS WILL FLOW MORE KYINKYINGA.... HAHAHAHAHAHA NDC FOOLS

MORE BOOTY FOR NDC OFOSU KWAKYE WILL OPEN MORE ACCOUNTS SOON! GIRLS BE READY FOR MORE 4X4, GUINEA FOWLS WILL FLOW MORE KYINKYINGA.... HAHAHAHAHAHA NDC FOOLS
Kofi Adjaho Mahama 12 years ago

This part time shit carrier has specialized in talking shit. He will soon go back and carry shit full time.

This part time shit carrier has specialized in talking shit. He will soon go back and carry shit full time.

K9 Lead Vendor 12 years ago

Your grandchildren.

Your grandchildren.
GSA 12 years ago

It has been long over due

It has been long over due
CK 12 years ago

What are the strings attached? Senseless leaders who only think of borrowing money everyday because they have no clue as to how to generate money themselves. Ghana is finished!

What are the strings attached? Senseless leaders who only think of borrowing money everyday because they have no clue as to how to generate money themselves. Ghana is finished!
OSEI 12 years ago

MAN WHAT IS THE LOAN FOR? IS IT FOR GUINEA FOWLS, INFRASTRUCTURE, KOLA OR RAILWAY LINES TO THE NORTH ( WHICH I WANT TO HAPPEN)OR WHAT?

MAN WHAT IS THE LOAN FOR? IS IT FOR GUINEA FOWLS, INFRASTRUCTURE, KOLA OR RAILWAY LINES TO THE NORTH ( WHICH I WANT TO HAPPEN)OR WHAT?
joe 12 years ago

of-course for the guinea fowl the first batch has flown to Burkina.

of-course for the guinea fowl the first batch has flown to Burkina.
Douglas USA 12 years ago

One condition for the loan will be that more illegal miners will come with the loan

One condition for the loan will be that more illegal miners will come with the loan
Adjoa Msreyame 12 years ago

More Galamsey to come...3 billion seems a big deal...nmothing comes for free including the proliferation on the chinese in Ghana

More Galamsey to come...3 billion seems a big deal...nmothing comes for free including the proliferation on the chinese in Ghana
GHOST 12 years ago

Na sika no wo hen?

Na sika no wo hen?
CK 12 years ago

I doubt if they understand the implications of lading the country with debts.

I doubt if they understand the implications of lading the country with debts.
Abba 12 years ago

That is the price you sold Ghana for the Chinese.

That is the price you sold Ghana for the Chinese.

Wonders never cease 12 years ago

I think the Chinese are worried that their cash is going to be stolen and that they are going to be made to look like fools in the eyes of the international community.

I think the Chinese are worried that their cash is going to be stolen and that they are going to be made to look like fools in the eyes of the international community.
MENSAH 12 years ago

The CHINESE,needs us more than we need them.But our leaders failed to recognize this.
THE CHINESE BENEFIT MORE FROM GHANA,THAN GHANA FROM THEM.
They need our RAW MATERIALS TO PRODUCE THEIR CHEAP INFERIOR PRODUCTS TO DUMP TH ...
read full comment

The CHINESE,needs us more than we need them.But our leaders failed to recognize this.
THE CHINESE BENEFIT MORE FROM GHANA,THAN GHANA FROM THEM.
They need our RAW MATERIALS TO PRODUCE THEIR CHEAP INFERIOR PRODUCTS TO DUMP THEM IN AFRICA.
We should know that the WESTERN WORLD,has exhausted them of their NATURAL RESOURCES,POLUTED THEIR NATION,MADE MARKET OUT OF THEIR HIGH POPULATION,SOLD THEIR INDUSTRIAL MACHINERY TO THEM,AND ALSO FILLED THEIR(WESTERN WORLD) OWN COUNTRIES WITH MUCH MORE CHEAPER BUT BWTTER QUALITY PRODUCTS.
ISN'T THAT A WIN,WIN SITUATION FOR THE WESTERN BLOCK?
WHAT HAS AFRICA DONE TO TAKE ADVANTAGE OF CHINA?
I believe,we should rather try to sell,at least,CEMI-PROCESSED MATERIALS to the CHINESE but not IN CRUDE FORM,so we could also add value to it,as well as,providing EMPLOYMENT AVANUES FOR OUR YOUTH AND PROMOTE/ENHANCE INDUSTRIALIZATION.
THAT'S WHERE WE HAVE FAILED,BECAUSE OUR LEADERS DO NOT GET IT.
I HARDLY BELIEVE,WHAT OUR AFRICAN LEADERS GO TO SAY,WHEN THEY MEET AT THE UN SUMMITS.
VERY SAD INDEED!
MENSAH 12 years ago

I am sorry.I made a mistake here:
I RATHER MEANT "AU" SUMMIT,RATHER THAN "UN".

I am sorry.I made a mistake here:
I RATHER MEANT "AU" SUMMIT,RATHER THAN "UN".
Gabaa 12 years ago

What these people in our goverment dont understand is this. Loans are not good for the country, it does not help any specific sector that will generate income to pay the loan in the future. the money is used if all to pay fo ...
read full comment

What these people in our goverment dont understand is this. Loans are not good for the country, it does not help any specific sector that will generate income to pay the loan in the future. the money is used if all to pay for salaries of the unproductive government sector and not in any development projects
Tibaa 12 years ago

Get the loans and all our tentacles will be pruned in our dealings with Chinese illegal miners.

When are we going to manage our resources very well and stop shopping around the world with plates on our hands begging for mo ...
read full comment

Get the loans and all our tentacles will be pruned in our dealings with Chinese illegal miners.

When are we going to manage our resources very well and stop shopping around the world with plates on our hands begging for money, and subsequently used stupidly?
OBOATANTO 12 years ago

IT'S ALWAYS LOAN HERE, LOAN THERE AND LOAN EVERYWHERE YET GHANAIANS DON'T EVEN SEE WHAT THE MONEYS ARE USED FOR. WHAT ABOUT MONEYS ACCRUED FROM GOLD, COCOA, DIAMONDS, TIMBER, OIL ETC.? THERE IS NO BLESSING IN RECEIVING AND TH ...
read full comment

IT'S ALWAYS LOAN HERE, LOAN THERE AND LOAN EVERYWHERE YET GHANAIANS DON'T EVEN SEE WHAT THE MONEYS ARE USED FOR. WHAT ABOUT MONEYS ACCRUED FROM GOLD, COCOA, DIAMONDS, TIMBER, OIL ETC.? THERE IS NO BLESSING IN RECEIVING AND THIS IS FROM GOD. GOD HAS BLESSED GHANA SO MUCH WITH VERY RICH NATURAL RESOURCES YET EVERY NOW AND THEN SUCCESSIVE GOVERNMENTS BORROW FROM ALL CORNERS OF THE EARTH ONLY TO GO INTO THEIR WRONG POCKETS. WITH ALL THE MONEYS BORROWED, GHANAIANS SHOULD NOT BE LIVING DARKNESS, WITH NO GOOD ROADS, NO GOOD WATER. GOD IS WATCHING
ob ob 12 years ago

who are u deceiving? if your mother has not come from farm but insist she is back who is going to be hungry than you?

who are u deceiving? if your mother has not come from farm but insist she is back who is going to be hungry than you?
Say the Truth 12 years ago

WHERE IN THE STORY WAS IT MENTIONED THAT THE LOAN WILL ARRIVE SOON?????

WHAT I CAN SEE & READ IS THIS:

“I want to assure you that the government of Ghana has met all its obligations and the arrangements for the CDB ...
read full comment

WHERE IN THE STORY WAS IT MENTIONED THAT THE LOAN WILL ARRIVE SOON?????

WHAT I CAN SEE & READ IS THIS:

“I want to assure you that the government of Ghana has met all its obligations and the arrangements for the CDB loan.
“The Finance Minister is working with our Chinese counterparts on that loan” Mahama Ayariga stated.

WHERE IS THE STATEMENT MADE OF THE LOAN ARRIVING SOON???????

hhhhhhhhhhhhhmmmmmmmmmmmm S3Y3 WH3!!!!
Kofi 12 years ago

After half of Ghana has been turned into dangerous trenches and all water bodies polluted. Thanks China for such a generous gift.

After half of Ghana has been turned into dangerous trenches and all water bodies polluted. Thanks China for such a generous gift.
TRUTH 12 years ago

BORROWING ENSLAVES! GOVT WILL NEVER LET YOU KNOW THE CONDITIONS ATTACHED

BORROWING ENSLAVES! GOVT WILL NEVER LET YOU KNOW THE CONDITIONS ATTACHED

CK 12 years ago

SO SO SAD.

SO SO SAD.
OGYAM 12 years ago

Ghanaians will be dead and gone before the money arrives. stop negotiations with china because I know their history very well.

Ghanaians will be dead and gone before the money arrives. stop negotiations with china because I know their history very well.
Agbettor 12 years ago

We need Chinese President and Parliamentarians to manage this country for us. Its obvious we are not 'independent' and therefore still need foreign leadership. Selling this country in bits and pieces is not gonna sole the pro ...
read full comment

We need Chinese President and Parliamentarians to manage this country for us. Its obvious we are not 'independent' and therefore still need foreign leadership. Selling this country in bits and pieces is not gonna sole the problem. Sell the entire country now for a complete foreign leadership!!!
kwaku Antwi 12 years ago

OH GHANA WHAT ARE WE USING OUR RESOUCES FOR,GOD HELP US.

OH GHANA WHAT ARE WE USING OUR RESOUCES FOR,GOD HELP US.
Boy Kwame 12 years ago

You these dirty Ghanaian politicians are selling Ghana to the Chinese? Oh my God what a sin? Ghanaians must wake up and vote these filthy politicians out before the Chinese over rule us like the British did. Chinese people ha ...
read full comment

You these dirty Ghanaian politicians are selling Ghana to the Chinese? Oh my God what a sin? Ghanaians must wake up and vote these filthy politicians out before the Chinese over rule us like the British did. Chinese people have no human rights wisdom, they very very dangerous. Let´s wait and see.
Tibaa 12 years ago

We all need to learn Chinese now: the re-colonization of Ghana by the yellow hotentos is now complete!!!

We all need to learn Chinese now: the re-colonization of Ghana by the yellow hotentos is now complete!!!
opoosini 12 years ago

shame shame and i am ashamed!!

shame shame and i am ashamed!!
Ebo Cobby 12 years ago

Here's the deal folks! GHANA, we're delaying loan b'cos you dare to deport 18 wonderful Chinese citizens, never mind thet were robbing you of your valuables. Now know this, you are not say a word when the Chinese commit atroc ...
read full comment

Here's the deal folks! GHANA, we're delaying loan b'cos you dare to deport 18 wonderful Chinese citizens, never mind thet were robbing you of your valuables. Now know this, you are not say a word when the Chinese commit atrocities against your stinking nationals. Not even when we kill your " stupid " nationals when they dare to cross us.
You will repay loan with your precious metals, five times more than the $3b because we will dictate price. Meanwhile, allow the Chinese to continue with the illegal minings. Ok?
Now go enjoy some wonderful Chinese fried rice and we will take care of you soon!
mensah abrampa 12 years ago

The incompetent and corrupt men in power hold the notion that this nation is beholden to the highest bidder. Why not? That's the opportunity to fulfill their lifetime ambition of raking some illegal wealth for themselves. Th ...
read full comment

The incompetent and corrupt men in power hold the notion that this nation is beholden to the highest bidder. Why not? That's the opportunity to fulfill their lifetime ambition of raking some illegal wealth for themselves. Their rags to riches stories are well known to ghanaians and those who have a little wealth before jumping on the gravy train are in for reverse Robin Hood. They rob from the poor and give to themselves. This NDC administration has borrowed more money from external sources than all administrations combined, from Nkrumah to date ,yet most of Ghana is in slum-like and ghost town- like conditions. Very soon Ghana will be owned by the Chinese. Why ? Because the one who pays the piper calls the tune. It's also in line with Chinese imperialist plans. If you need consolation we're not alone. The Chinese are all over Africa, the Carribbeans and South and North America.
.......P 12 years ago

MORE MONEY FOR THE THE DIRTY CROOKS GOVT OF NDC GOD WILL PUNISH YOU ALL!!

MORE MONEY FOR THE THE DIRTY CROOKS GOVT OF NDC GOD WILL PUNISH YOU ALL!!
MENSAH 12 years ago

I think,GHANA should have gone beyond receiving LOANS FROM OTHERS AND RATHER BE STRENGTHENED ENOUGH ECONOMICALLY,TO BE ABLE TO LOAN TO OTHERS.
AYARIGA,HAHAMA & NDC SHOULD NOT BE PROUD ABOUT RECEIVING LOANS FOR GHANA,BUT STAR ...
read full comment

I think,GHANA should have gone beyond receiving LOANS FROM OTHERS AND RATHER BE STRENGTHENED ENOUGH ECONOMICALLY,TO BE ABLE TO LOAN TO OTHERS.
AYARIGA,HAHAMA & NDC SHOULD NOT BE PROUD ABOUT RECEIVING LOANS FOR GHANA,BUT START TO BE ASHAMED OF THEMSELVES,SINCE THAT SHOWS,GHANA IS STILL CRAWLING LIKE A BABY,BEGGING FOR HIS MOTHER TO HELP HIM STAND ON HIS TWO FEET,TO WALK.
WE WOULD BE TAKEN FOR A RIDE,ALWAYS,AS LONG AS WE MAKE THEM THINK,WE NEED THEM.BUT CHINA NEEDS GHANA,WE SHOULD KNOW THAT.
IN THE MIDST OF PLENTY,THE COMMON MAN ON THE STREET IS STILL SUFFERING.
I CAN HARDLY BELIEVE,WE ARE STILL NOT SELF-RELIANT,THOUGH KUTU ACHEAMPONG,PREACHED IT OVER THIRTY YEARS AGO.
WE HAVE GOLD,DIAMONDS,COCOA,MANGANESE,BAUXITE,URANIUM,OIL + GAS,CHEAP LABOUR FORCE,YET WE GO ABEGGING FOR ARMS EVERY NOW AND THEN.
GHANA SHOULD GROW FROM BABY STATE,AND BE WEANED,FROM HER MOTHER'S BREAT FEEDING.
WHEN WILL GHANA GIVE OUT LOANS?
WE SHOULD BE ASHAMED OF OURSELVES.
WE ARE RULED BY WRONG HANDS,WHO DO NOT KNOW WHAT THEY ARE DOING,PERIOD.
A A Andani Cosmos 12 years ago

The arrogance that not train the arrogance people God is watching

The arrogance that not train the arrogance people God is watching
km agyin 12 years ago

So to appease us for the destruction of our environment with their galamsey activities and killing our people, the Chinese Government dangles more money at us and we been so stupid take it gleefully and continue to sell our ...
read full comment

So to appease us for the destruction of our environment with their galamsey activities and killing our people, the Chinese Government dangles more money at us and we been so stupid take it gleefully and continue to sell our sovereignty and birthright to them. It is a matter of if you need our money, then you allow our people in. They know how cheap and greedy our leaders are. We are still going round with bowl in hand despite our oil revenues. It is time we the people denounce this Chinese invasion into our country. It was the Fulanis yesterday, it's the Chinese today, who is it going to be tomorrow? Just what are we leaving for our children and children's children. Posterity will never forgive us if we do not act now to stop this destruction of our ecosystem.
km agyin 12 years ago

Do we really need their i mean Chinese money?

Do we really need their i mean Chinese money?
ama kumi-rotterdam 12 years ago

keep on giving our gold concessions in an exchange of loans.somalis are also now invading ghana.well,the chines have already taken the land and the somalis are coming to take the left-overs .sad!!!!!!!ama ghana paani...

keep on giving our gold concessions in an exchange of loans.somalis are also now invading ghana.well,the chines have already taken the land and the somalis are coming to take the left-overs .sad!!!!!!!ama ghana paani...
ensore robbie texas, u.s.a 12 years ago

stop mortgaging ghana's oil to china for loans that will be halfly used for its intention and only God knows where the remaining amount will be. cant we use some of our oil funds to gradually generate some projects. are we so ...
read full comment

stop mortgaging ghana's oil to china for loans that will be halfly used for its intention and only God knows where the remaining amount will be. cant we use some of our oil funds to gradually generate some projects. are we so in need and why is our govt rushing on projects. there is more money at tema harbour than china loan focus there, where millions of cedis find their way into custom officers pocket rather than the govt coffers. its very pathetic. this forged marriage between ghana and china will consume ghana. hmmmm we are in very deep trouble. is ghana now a chinese managed economy "apu"
Joe Boateng ---Dabaa . 12 years ago

What can 3billion do for 25million people.Let them keep their money or if you need it to share it for your few cronies go ahead and stop your bulls.

What can 3billion do for 25million people.Let them keep their money or if you need it to share it for your few cronies go ahead and stop your bulls.
ghanaba 12 years ago

by which vessel? at least give us a copy of the bill of lading. you monkey! a loan is no good news, it is a curse. we have every natural endowment even petrol and this shameless pepe man dressed like limann on his way to seek ...
read full comment

by which vessel? at least give us a copy of the bill of lading. you monkey! a loan is no good news, it is a curse. we have every natural endowment even petrol and this shameless pepe man dressed like limann on his way to seek for loan in ch. these pepes have wrong notion of loans. you monkeys i want to remind that loans are not alms as some religious doctrines may define. stop chewing cola for it is smudging your brains although you look young. drink cola for it has been processed.

48 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

$3b Chinese loan will arrive soon - Government

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (48)

Read Comments Comments (48)