Going for IMF means ghana is sold & the sad part is that these same politicians will share most the funds among themselves.
Going for IMF means ghana is sold & the sad part is that these same politicians will share most the funds among themselves.
Abena 9 years ago
Hmm, so the term for the loan could impose hardship for the already poor & suffering Ghanaians? Appalling!
Hmm, so the term for the loan could impose hardship for the already poor & suffering Ghanaians? Appalling!
ZoRRo 9 years ago
We need relief, not more suffering. We also don't want a bail out program that would encumber future governments. This is why Parliament must review this IMF "Suffer-Suffer" program and vote on it, for the people.
We need relief, not more suffering. We also don't want a bail out program that would encumber future governments. This is why Parliament must review this IMF "Suffer-Suffer" program and vote on it, for the people.
OTCHERE DARKO 9 years ago
IF "WE NEED RELIEF, NOT SUFFERING", THEN WE MUST BACK OUT OF THE "IMF BAILOUT".
EITHER WAY, THE CONSEQUENCES WILL NOT BE "RELIEF".
We are in a "no-win" scenario. We have "chopped-chopped" our economy into a Pandora's bo ... read full comment
IF "WE NEED RELIEF, NOT SUFFERING", THEN WE MUST BACK OUT OF THE "IMF BAILOUT".
EITHER WAY, THE CONSEQUENCES WILL NOT BE "RELIEF".
We are in a "no-win" scenario. We have "chopped-chopped" our economy into a Pandora's box. Ghanaians are doomed for a very long time to come.
ZoRRo 9 years ago
Unless we identify and fix the lapses that brought us to this point, this IMF bailout will only be a temporary fix. Ghanaians must RESIST making any more sacrifices unless the main problem of CORRUPTION is recognized and dea ... read full comment
Unless we identify and fix the lapses that brought us to this point, this IMF bailout will only be a temporary fix. Ghanaians must RESIST making any more sacrifices unless the main problem of CORRUPTION is recognized and dealt with once and for all.
ZoRRo 9 years ago
Any more sacrifices should come from the government officials and their cronies, for the poor have done their part.
Any more sacrifices should come from the government officials and their cronies, for the poor have done their part.
onetribe 9 years ago
Next question! How did they do this? Woyome,Sada , Gyeeda, NSS........
Next question! How did they do this? Woyome,Sada , Gyeeda, NSS........
Ghfuo: hang nyantakyi! 9 years ago
Just are already in pain and hardship. IMF bailout will only give you short term relief and longterm pain. So find the relief internally and make drastically monetary, cost.cutting decisions instead. Just don't care about the ... read full comment
Just are already in pain and hardship. IMF bailout will only give you short term relief and longterm pain. So find the relief internally and make drastically monetary, cost.cutting decisions instead. Just don't care about the country's prosperity. Just filling your pockets with plans monies. Shameless idiots with no.dignity
Dessy 9 years ago
Silly, Korea is a Korea today because of IMF
Silly, Korea is a Korea today because of IMF
Mr Bond 9 years ago
Of course! Because Ghanaians are cowards
to stand up to these thieves like other countries have done and are doing.
Of course! Because Ghanaians are cowards
to stand up to these thieves like other countries have done and are doing.
CRAZY 9 years ago
OH GHANA...this is HIPC in disguise. What is wrong with our nation. Only this time the hardship will hit the people more. Don't we have people to sort out this economic mess in Ghana. Why do we always have to go to the WB or ... read full comment
OH GHANA...this is HIPC in disguise. What is wrong with our nation. Only this time the hardship will hit the people more. Don't we have people to sort out this economic mess in Ghana. Why do we always have to go to the WB or IMF to help us clean up house...Hmmmm. People get ready for more taxes and utility bill hikes...God help us all.
CRAZY 9 years ago
Hopelessly Idiotic Persistent criminals (HIPC).
Hopelessly Idiotic Persistent criminals (HIPC).
amenye 9 years ago
We have gold, diamon, boxite, oil n gas, coco, timber, sea, rivers, good land for agric etc but till all these problems.
We have gold, diamon, boxite, oil n gas, coco, timber, sea, rivers, good land for agric etc but till all these problems.
Dessy 9 years ago
Ha, Ghana, we are no near to what happened to Greece..thank God out country is not bankrupt and out credit rating has open door for bailout
Ha, Ghana, we are no near to what happened to Greece..thank God out country is not bankrupt and out credit rating has open door for bailout
Abraham Jones 9 years ago
Again???? when will it end. We suffered a lot. God help us amen
Again???? when will it end. We suffered a lot. God help us amen
Kay 9 years ago
Amen! This is a sad situation for our country, and Africa as a whole. Poor leadership, ineffective institutions and governance systems, unsupportive attitudes, underpinned by the lack of commitment on the part of the politici ... read full comment
Amen! This is a sad situation for our country, and Africa as a whole. Poor leadership, ineffective institutions and governance systems, unsupportive attitudes, underpinned by the lack of commitment on the part of the politician and the ordinary citizen to advance the long term collective interest are some of the things that continue to hold us back.
Greg 9 years ago
We have failed to manage so we need an expatriate to assist us plan and manage.
We have failed to manage so we need an expatriate to assist us plan and manage.
Nii-aku 9 years ago
Sacrilege! !! THE BLACK MAN IS CAPABLE OF MANAGING HIS OWN AFFAIRS! !!! NO?
Well, comments are free facts are sacred. The facts speak for themselves isn't it?
Sacrilege! !! THE BLACK MAN IS CAPABLE OF MANAGING HIS OWN AFFAIRS! !!! NO?
Well, comments are free facts are sacred. The facts speak for themselves isn't it?
PRAGMATIST 9 years ago
Really?? With all the fiscal waste ignored. It looks like we are very serious people.
Really?? With all the fiscal waste ignored. It looks like we are very serious people.
ZoRRo 9 years ago
One may ask the current Govt: "Where is the better Ghana we were promised." Why have we discovered oil but still have to go through hardship ?
One may ask the current Govt: "Where is the better Ghana we were promised." Why have we discovered oil but still have to go through hardship ?
SBD 9 years ago
I am not a supporter of any political party, but I believe there should a change in regime. These idiots must go and a lot of the officials should be prosecuted and jailed.
I am not a supporter of any political party, but I believe there should a change in regime. These idiots must go and a lot of the officials should be prosecuted and jailed.
GHANAVIA 9 years ago
Ask yourself who supports the NDC to the core. Do you now see your wisdom?
Ask yourself who supports the NDC to the core. Do you now see your wisdom?
ZoRRo 9 years ago
ZoRRo supports no political party; for they are all non-performers and have too many Greedy Bastards.
ZoRRo supports no political party; for they are all non-performers and have too many Greedy Bastards.
NDC SUPPORTER 9 years ago
The ordainary Ghanaian will suffer meanwhile it is the incompetence of the President and his advisors who got us into this mess without being able to effectively forsee the danger ahead and put in the appropriate course so t ... read full comment
The ordainary Ghanaian will suffer meanwhile it is the incompetence of the President and his advisors who got us into this mess without being able to effectively forsee the danger ahead and put in the appropriate course so they should lead by taking a substanntial paycut...as often the poor man suffers but those at the top just continue to have the same pay even when they are failing in their jobs and its costing all of us
KAPUU TEMA 9 years ago
THE CORRUPTION AND INCOMPETENCE OF MAHAMA HAS LEAD GHANA TO IMF BAILOUT AND MAHAMA KEEP TELLING US LIES THAT GH WILL BE OK BUT GH IS GOING TO SUFFER MAHAMA IS BRAINLESS
THE CORRUPTION AND INCOMPETENCE OF MAHAMA HAS LEAD GHANA TO IMF BAILOUT AND MAHAMA KEEP TELLING US LIES THAT GH WILL BE OK BUT GH IS GOING TO SUFFER MAHAMA IS BRAINLESS
AKOKO DARKO (USA) 9 years ago
The truth can never be hidden. During his time in office what did he and Rawlings offer us apart from selling our resources and factories.
We have not seen nothing yet. From P. V. Obeng to Kwesi Botchwey what good can come ... read full comment
The truth can never be hidden. During his time in office what did he and Rawlings offer us apart from selling our resources and factories.
We have not seen nothing yet. From P. V. Obeng to Kwesi Botchwey what good can come from their negotiations.
With these people running the affairs of our nation I can unequivocally state that our nation is doomed.
NII KOLIKO 9 years ago
MY BROTHER YOU ARE 100% RIGHT. THESE OLD NDC GUYS ARE BACK TO STEAL ALL THE MONEY AGAIN. KWESI BOTCHWE3, DAN ABUDAKPUI, KOFI KPORTUHEY ETC, ETC. LUCKILY THE OTHER THIEF P.V. OBENG DIED LIKE A DOG ON THE STREET OF ACCRA. THESE ... read full comment
MY BROTHER YOU ARE 100% RIGHT. THESE OLD NDC GUYS ARE BACK TO STEAL ALL THE MONEY AGAIN. KWESI BOTCHWE3, DAN ABUDAKPUI, KOFI KPORTUHEY ETC, ETC. LUCKILY THE OTHER THIEF P.V. OBENG DIED LIKE A DOG ON THE STREET OF ACCRA. THESE GUYS ARE THE PEOPLE WHO TOOK ALL THE FACTORIES OUR LATE MESSIAH OSAGYEFO DR. KWAME NKRUMAH BUILT FOR THE NATION UNDER THE GUISE OF PRIVATIZATION. REALLY GHANA IS A COUNTRY FULL OF BIG-TIME COWARDS. THE LOOTING BRIGADES ARE BACK IN POSITION NOW THE GAME OF DUBBIOUSITY IS IN FULL GEAR. GHANA WILL SOON BE MORTGAGED TO THE IMF AND THEY WILL HUMILLIATE OUR LIVES. SHAME UNTO YOU OLD MEN THIEVES; POSTERITY WILL NEVER FORGIVE YOU AND YOUR GENERATION YET TO BE BORN. MAY GOD HAVE MERCY ON THE SOULS OF THESE THIEVES. AMEN!!!!!!!!!!
OWEN,NEW YORK. 9 years ago
They insulted him and called him names.Now the day has come.Over to you Ghanaians at home, who voted for this clueless party again.
They insulted him and called him names.Now the day has come.Over to you Ghanaians at home, who voted for this clueless party again.
DY-ANA ADWOA AMPOMA 9 years ago
IS THAT ALL KWASI BOTCWEY CAN DO AFTER MAHAMA MESSED UP THE ECONOMY WE NEED MORE JOBS ACT NOW FOR OUR GRADUATE CHILDREN
IS THAT ALL KWASI BOTCWEY CAN DO AFTER MAHAMA MESSED UP THE ECONOMY WE NEED MORE JOBS ACT NOW FOR OUR GRADUATE CHILDREN
Concerned 9 years ago
What brought us to the IMF? We still have woyome walking free with every penny of his loot. Zoomlion, rlg have all not repaid a penny of the money they stole from the state. We have idiots like anita ashawo and Kobby the poof ... read full comment
What brought us to the IMF? We still have woyome walking free with every penny of his loot. Zoomlion, rlg have all not repaid a penny of the money they stole from the state. We have idiots like anita ashawo and Kobby the poof achaempong running sensitive institutions.
If you continue to fetch water into a leaking barrel without trying to seal it first, bystanders will think you are an idiot. Unless of course the leakage is going straight into your pocket. Mahama the donkey must be punished, pretenders like the man fucking rawlings must all be made to account for the wicked manner they have looted this country.
Francis C. Quainoo 9 years ago
If truly Kwesi Botchway had all this time been an Economic Advisor to DULLARD MAHAMA ( but hasn't just arrived from the MARS) then I think he deserves to consult a well qualified PSYCHIATRIST.
Otherwise, could he please te ... read full comment
If truly Kwesi Botchway had all this time been an Economic Advisor to DULLARD MAHAMA ( but hasn't just arrived from the MARS) then I think he deserves to consult a well qualified PSYCHIATRIST.
Otherwise, could he please tell us what sort of Economic Advisability he has been giving this DULLARD MAHAMA when very many Presidential Commissions had been set up to investigate all those Create, Loot and Share saga which the Ghanaian Public can't see any end to them.
Now what sort of Investors are coming to Ghana to set up Industries to employ the unemployed without ELECTRICITY??
Since 2009, we have been urging this SILLY GOVERNMENT OF NDC to name at least TWO PROMINENT BUSINESSES that they have been established under their watch without response.
So you Kwesi Botchway had always been on the background providing those poisonous Economic Pills to both the late ATTA MYTHS and now DULLARD MAHAMA to the detriment of the good people of Ghana.
OOOOOhhh, and now it's a full blown IMF eeeh???
In fact, to be a Ghanaian living in Ghana or elsewhere and to be relatively conscious is to be in a rage Most of the Time, if NOT ALL THE TIME.
Best Regards,
Francis C. Quainoo
Western Australia
Dessy 9 years ago
You know what,if he is your family member,you won't insult him and woe unto those who insult elders..Kwasi botchwey is a PHD holder..a doctorate..he is a renown economist and internationally accredited like Karl Hans Straus ... read full comment
You know what,if he is your family member,you won't insult him and woe unto those who insult elders..Kwasi botchwey is a PHD holder..a doctorate..he is a renown economist and internationally accredited like Karl Hans Strauss former IMF boss who was nabbed for rapping a Gineanian woman at prestige hotel at NYC..folks, put politics aside and see through mirror what is good for our nation..it is unwise for you to use an insult to such man..I hope you apologize for such insult
sir 9 years ago
this dessy is crazy. you maybe on the pay list of mahama but not too long.
this dessy is crazy. you maybe on the pay list of mahama but not too long.
KWASI IN EUROPE 9 years ago
This Kwasi Botchway introduced IMF PAMSCAD in the 1980s causing many people to lose their jobs. He is back again to make things worse. Where was this Mahama in the 80s? Brainless NDC.
This Kwasi Botchway introduced IMF PAMSCAD in the 1980s causing many people to lose their jobs. He is back again to make things worse. Where was this Mahama in the 80s? Brainless NDC.
Dessy 9 years ago
Better we get rid of goes names in our pay system..The Bail out will help
Better we get rid of goes names in our pay system..The Bail out will help
Kwaku 9 years ago
Here you are. Ena eda ho no! Sii Kye na. Need I say more?? Naaaaaaa!
Here you are. Ena eda ho no! Sii Kye na. Need I say more?? Naaaaaaa!
Serwaa 9 years ago
Well I guess if they're going to relinquish power to the IMF, why not sacrifice the very poor. After all, the headaches to come as a result of this loan won't affect the very corrupt politicians.
Well I guess if they're going to relinquish power to the IMF, why not sacrifice the very poor. After all, the headaches to come as a result of this loan won't affect the very corrupt politicians.
Commonsense 9 years ago
But that idiot Mahama told us something different. What can IMF do that NDC couldn't do? Does it means NDC has nobody with brains? I cannot believe this shit. What are all the millions Wayome and Mahama and the NDC have stole ... read full comment
But that idiot Mahama told us something different. What can IMF do that NDC couldn't do? Does it means NDC has nobody with brains? I cannot believe this shit. What are all the millions Wayome and Mahama and the NDC have stolen? Is IMF going to get them for us?
NII KOLIKO 9 years ago
CAN SOMEBODY SLAP THIS GOMOA THIEF-MAN KWESI BOTCHWE3 FOR ME? THESE ARE THE CROOKS ALWAYS MILKING GHANA INTO THIER DIRTY POCKET. YOU'VE SERVED AS THE FINANACE MINISTER FOR 13 YRS. YOU AND JJ RAWLINGS ONCE TOOK GHANA TO THE ... read full comment
CAN SOMEBODY SLAP THIS GOMOA THIEF-MAN KWESI BOTCHWE3 FOR ME? THESE ARE THE CROOKS ALWAYS MILKING GHANA INTO THIER DIRTY POCKET. YOU'VE SERVED AS THE FINANACE MINISTER FOR 13 YRS. YOU AND JJ RAWLINGS ONCE TOOK GHANA TO THE IMF AND RECEIVED BIG LOAN; WHERE IS THAT MONEY YOU PEOPLE TOOK IN THE NAME OF GHANA? HOTEL WANGARA AND HEAVY OFF-SHORE BANK ACCOUNT ETC, ETC . PLEASE YOU THESE OLD MEN SHOULD QUIT THE POLITICAL SCENE BÇOS YOU'RE ALL THIEVES. YOU PEOPLE COULD NOT DO ANYTHING FOR MOTHER GHANA THAN TO STAB HER IN THE BACK. WHY GHANA WHY? KILL ALL THESE OLD MEN THIEVES BEFORE GHANA CAN PROSPER!!!!!!!!!
FUNNY THAT 9 years ago
You are very right. I wuold certainly have slapped him for you if I were near to him. So could Mahama not take any better economic adviser than this worn out corrupted rat Kwesi Botchay?
You are very right. I wuold certainly have slapped him for you if I were near to him. So could Mahama not take any better economic adviser than this worn out corrupted rat Kwesi Botchay?
YAMIKA 9 years ago
THIS IS NOT HIV BUT FULL BLOWN AIDS
GHANA IS IN INTENSIVE CARE UNIT
COMATOSE. OH NDC
THIS IS NOT HIV BUT FULL BLOWN AIDS
GHANA IS IN INTENSIVE CARE UNIT
COMATOSE. OH NDC
MULLER 9 years ago
Mahama must be impeached before the outbreak of financial constraint drive all ghanaians to the reals of financial insanity. So what happened to all the oil, gold, and all the natural resources the country is endowed with an ... read full comment
Mahama must be impeached before the outbreak of financial constraint drive all ghanaians to the reals of financial insanity. So what happened to all the oil, gold, and all the natural resources the country is endowed with and have to turn on IMF for bail out? And do you think kwasi botcwhey is the right person to help fix the economy? What happened in Brazil during the world cup is typical example as well as warning to how money is being squandered by the top rankings in ghana and that was just one sector (GFA..what about the other sectors, ministry of health,economic planning, transport etc just to name a few, the prisent is clueless and i hope his committee set to investigate the world cup havoc will be brought to justice to set a good example.
JA 9 years ago
The current scenario was clear a whole year ago but the NDC kept denying that the gov't was going to IMF for a bail-out but only to present their home grown policies for support. This sort of ... read full comment
The current scenario was clear a whole year ago but the NDC kept denying that the gov't was going to IMF for a bail-out but only to present their home grown policies for support. This sort of premonition from Dr Bawumia several months ago was outrightly rejected and vilified by mostly NDC activists. Even when the signs were clearly on the wall, the president stated about a month ago that his gov't was not opting for a full brown IMF loan but now it cannot get clearer than Kwesi B's own admission. Now the gov't must make sure IMF's offer is prudently and religiously utilized, and also strive to hold in check the spirits of SUBA, SADA, and the rest from bewitching the team that will manage the loan.
My name is I m f 9 years ago
That is after the money has been shared among yourselves .we know that already you need not to tell us.Thank you.
That is after the money has been shared among yourselves .we know that already you need not to tell us.Thank you.
Prof 9 years ago
You this man again. You were finance minister for almost 2 decades. You sunk Ghana economy and eventually resigned.
You went for IMF loan but you could not turned the economy around. With this big empty head as a professor ... read full comment
You this man again. You were finance minister for almost 2 decades. You sunk Ghana economy and eventually resigned.
You went for IMF loan but you could not turned the economy around. With this big empty head as a professor what can you do again?
NII KOLIKO 9 years ago
HE IS ONE OF THE EWE GUYS WHO DON'T WANT GHANA TO DEVELOP. WE BETTER ARREST THIS THIEF KWESI BOTCHWE3 RATHER THAN GIVING HIM A POLITICAL ADVISER POST.!!!!FOOOOOLS
HE IS ONE OF THE EWE GUYS WHO DON'T WANT GHANA TO DEVELOP. WE BETTER ARREST THIS THIEF KWESI BOTCHWE3 RATHER THAN GIVING HIM A POLITICAL ADVISER POST.!!!!FOOOOOLS
ONE OF YOURS 9 years ago
taken a bailout from imf is not a crime.individuals takes money from banks to expand their businesses,it works.gov't can go ahead quickly to turn things around.
taken a bailout from imf is not a crime.individuals takes money from banks to expand their businesses,it works.gov't can go ahead quickly to turn things around.
OTCHERE DARKO 9 years ago
"Dr Kwesi Botchwey, an economic advisor to the President, has finally admitted that Ghana is going for a full blown IMF programme which would have conditionalities.
He did not disclose the conditions attached to the progra ... read full comment
"Dr Kwesi Botchwey, an economic advisor to the President, has finally admitted that Ghana is going for a full blown IMF programme which would have conditionalities.
He did not disclose the conditions attached to the programmes, but calmly accepted that some of them could impose hardship on the people."
........................................................................................................................................................
When you mess your economy and ask for a bailout, you must expect the 'bailer' to grant 'bail' with "conditionalities" that will ensure the safety of whatever 'bailout assistance' the 'bailer' is giving.
Gaisey 9 years ago
Kwesi Botchwey is the reason Ghanaians are suffering
Kwesi Botchwey is the reason Ghanaians are suffering
Kwame 9 years ago
Dr Kwesi Botcwey is a one of the most corrupt guys in ghana now. He appears holly in public but if you ever get close to him, you'ld know that this man does not mind selling Ghana. He and Thief Sipa Yankey are the main reason ... read full comment
Dr Kwesi Botcwey is a one of the most corrupt guys in ghana now. He appears holly in public but if you ever get close to him, you'ld know that this man does not mind selling Ghana. He and Thief Sipa Yankey are the main reason why the Gas Project has delayed and cost Ghana over 2 billion dollars because of kick back, and awarding contracts to themselves and their own companies- like quantum who is delaying the project. He should be hungged and not glorified.
C.Stephen Sackey 9 years ago
Is this guy fucking serious- excuse my French but am passed off to kingdom come.?
Here is an economic advisor who mortgaged Nkrumah's visionary heavy industrial base - the Republic's heir looms ,for pennies on the dollar to ... read full comment
Is this guy fucking serious- excuse my French but am passed off to kingdom come.?
Here is an economic advisor who mortgaged Nkrumah's visionary heavy industrial base - the Republic's heir looms ,for pennies on the dollar to his crony capitalist - TW and now back again to do the same thing.
Before I spell out the conditions of the deal - that he doesn't want to fezz up,I want to know just one thing.Is this guy a Ghanaian or he owes an allegiance to IMF?I can bet a nationalist and patriot like Awoonor Wms.would not pull off such deal,regardless.
The country should brace itself for a serious belt tightening, for the following are some,not all, the conditions I believe under the bailout.
1/ Deregulation of the labor market - massive layoffs.
2/ Elimination of subsidies - social safety nets, industrial ,etc.
3/ Balanced budgets.
4/ Low inflation - great for bond holders of the Republics debt.
5/ Elimination of tariffs.
6/ Free capital flows.
Most of the above are the so called Washington consensus as articulated by Milton Friedman who after attending college for free railed against free college education,because he became a " free marketer" - the " invisible hand" which was mentioned just once in Adam Smith's " Wealth of Nations" but somehow became the rallying cry for right wingers.
Folks if this Botchaw guy don't spell out the conditions of this deal in public for Parliamentary debate it should be rejected. How many times can any country endure such pain and how many times can any person hold a country to such a ransom and call himself a citizen of that country? I want to know and I can bet millions also want to know.
And just a reminder, the three countries which gave a "middle finger" to those IMF trade liberalization and persued their staged economic policies are China,India and Brazil.They are the economic powerhouses of BRICS.
candy wiafe 9 years ago
where are the ndc foot-soldiers who have been shooting idey bee k3k3? .now they have all coiled into their shelves suffering with the masses. next time these fool soldiers will wise up, supporting criminal syndicate is the r ... read full comment
where are the ndc foot-soldiers who have been shooting idey bee k3k3? .now they have all coiled into their shelves suffering with the masses. next time these fool soldiers will wise up, supporting criminal syndicate is the result of the real idey beeeee (evidence of real idey beeeeeeee)
DONBOLI 9 years ago
Why is John Mahama and his government so small with the truth. Ghana govt is call IMF and EU, twenty years loan sign by John Mahama on behalf of ghanaians in a secret without ghanaians debating it, three years IMF programme r ... read full comment
Why is John Mahama and his government so small with the truth. Ghana govt is call IMF and EU, twenty years loan sign by John Mahama on behalf of ghanaians in a secret without ghanaians debating it, three years IMF programme run by the very people who John Mahama and Hannah Tetteh sign Trade partnership agreement with.
Ghanaians were lied to when John Mahama sign the EPA. Most ghanaians and MPs didnt read that twenty years trade agreement and what it meant for ghanaian.
Ghanaians are going to suffer for the next for years by signing documents from IMF and EU without reading the small prints.
Ghanaians independence is useless when the very colonel masters are running and deciding for ghana.
What is independence when all John Mahama and his NDC govt can do is borrowing and asking the very people ghana had independence from to run the country for another 20 years under EU and three years under IMF.
What really is independence of ghana to John Mahama and his govt.
NDC never learn from the past.
Why is this fool now telling ghanaians they are going to suffer and they are already suffering.
IMF in ghana is not there for ghanaians, they are there to make profit by buying and selling to ghanaians.
IMF is a money making body not a helping hand. Ghanaians will buy everything at the same price like EU and Chinese cant pay import duties of goods the bring into the country.
The African Patriot 9 years ago
If these leaders are being followed by people then it is because their intention to reduce the education of the mass to able to infiltrate their tribal politics whiles rubbing the country dry. Considering if all the loopholes ... read full comment
If these leaders are being followed by people then it is because their intention to reduce the education of the mass to able to infiltrate their tribal politics whiles rubbing the country dry. Considering if all the loopholes in tax are closed and corruption is been fought and those involved go to prison? All their asess are taken away by the state. What will happen and does Ghana still need IFM bailout?
What is hindering ndc to do so?
What is hindering NPP to encourage nation wide demonstrations again thisbpolitical mess.
do this two parties need to be voted into power?
The answer is a big "no"....
Maame Abena 9 years ago
He did not disclose the conditions attached to the programmes, but calmly accepted that some of them could impose hardship on the people.
And I told you so that the well planned schemed steal the from the coffers and the ... read full comment
He did not disclose the conditions attached to the programmes, but calmly accepted that some of them could impose hardship on the people.
And I told you so that the well planned schemed steal the from the coffers and the poor has to replace the stolen money in this wise it could even be the loss of jobs.
Immani boss said better elsewhere.
But who can investigate Mahama?
The fox has been made the watchman over the chicken coup.
Oh Lord have mercy on your people.
PEACHES 9 years ago
So beggars don't have any choices ah? IMF is an organization for the very rich, it's motto is to further make developed countries even poorer. Their outrageous conditions imposed on poorer countries is a modern day slavery. T ... read full comment
So beggars don't have any choices ah? IMF is an organization for the very rich, it's motto is to further make developed countries even poorer. Their outrageous conditions imposed on poorer countries is a modern day slavery. They'll control & regulate your natural resources.
ROGUE LAWYER 9 years ago
honestly speaking if Ghana would be a cocaine Country to reduce These IMF hardships ,i will vote for cocaine bailout as against IMF hardship.
why is IMF always dictating to poor countries? to broading their already high ... read full comment
honestly speaking if Ghana would be a cocaine Country to reduce These IMF hardships ,i will vote for cocaine bailout as against IMF hardship.
why is IMF always dictating to poor countries? to broading their already high cost of living? is the IMF for the People in this world or just to create hardship?
Prez mahama must as a matter of urgent take the People f Ghana out from These IMF evils in pretense.
why should IMF great hardship instead of reducing the burdens of the People?
Ernest 9 years ago
Ghanaweb should probably edit things folks put on this forum. The insults and ignorance are becoming too sensitive to some of us who take non polically liberal views of the country's current challenge. Look at Egypt, Cote D'v ... read full comment
Ghanaweb should probably edit things folks put on this forum. The insults and ignorance are becoming too sensitive to some of us who take non polically liberal views of the country's current challenge. Look at Egypt, Cote D'voire, Libya, Syria, whose own citizen in collaboration with external forces engineered the overthrow of their own governments leading to the plunder of their resources by these external forces! Let's be careful even as go through challenging times as a nation. And who say we are alone in this economic times folks.....hmmmmm...ask even the Americans!
Mallam Tula 9 years ago
GOOD MINDED PEOPLE LIKE ME TOLD GHANAIANS A LONG TIME AGO WHEN THIS IMF ISSUE CAME UP ; WE TOLD GHANAIANS THAT JON MAHAMA WILL END UP WITH A BEGGING BOWL AT THE IMF BUT THERE NDC WISE GUYS WHO SAID JON MAHAMA WAS THE GREATES ... read full comment
GOOD MINDED PEOPLE LIKE ME TOLD GHANAIANS A LONG TIME AGO WHEN THIS IMF ISSUE CAME UP ; WE TOLD GHANAIANS THAT JON MAHAMA WILL END UP WITH A BEGGING BOWL AT THE IMF BUT THERE NDC WISE GUYS WHO SAID JON MAHAMA WAS THE GREATEST NORTHNER THAT HAS EVER SEEN ; NOW THE CAT IS OUT OF THE BAG ; WE ARE SEEKING FULL MONETARY ASSISTANCE FROM IMF NOT TECHNICAL ASSISTANCE ; WHY DOES JON MAHAMA AND DEVOID OF THE TRUTH WHY DO LIKE USING PROPAGANDA TO DO THEIRS POLITICS ; JON MAHAMA IS ; LIAR ; SCAMMER AND A STEALER ; AND THE WORSE ALL HE HAS BROUGHT BACK KWESI BOTHCWAY ANOTHER USELESS GUY WHO WAS IN THE PNDC RAWLINGS GOVERNMENT THAT MESSED UP GHANA SOME YEARS PAST ; TO FRANKLY GHANAMAN IS AN IDIOT AND A FULL ; BUT THEN THE IT WAS RULED THAT JON MAHAMA WON THE ELECTION BY ATUGUBA ANOTHER NORTHNERS ANOTHER SCAM ; THE PROGRAMME WILL PUNISH GHANAIANS AND JON MAHAMA WILL STEAL THE PROCEEDS ; THE MAN HAS OVER 4 WIVES AND 10 CHILDREN TO LOOK AFTER WHERE DO YOU THINK HE SHOULD RAISE THE MONEY FROM EXCEPT TO STEAL FRONM GHANAIANS.
anaman 9 years ago
Get a mobile social network site, android,app site,download site,adnetwork and toplist site. Please if u need 1 of these sites contact us on whatsapp 0249118880. Or call. for demo visit on your mobile vibrowaps.tk / mobpals. ... read full comment
Get a mobile social network site, android,app site,download site,adnetwork and toplist site. Please if u need 1 of these sites contact us on whatsapp 0249118880. Or call. for demo visit on your mobile vibrowaps.tk / mobpals.tk / these are only demo sites. You can get your site as cheap as gh¢ 25.00 or less
Jay london 9 years ago
NDC:THEY NEVER TELL THE TRUTH. THE TRUTH IS ANATHEMA TO NDC.
NDC:THEY NEVER TELL THE TRUTH. THE TRUTH IS ANATHEMA TO NDC.
Tuga London 9 years ago
Your NDC founder and forme president of Ghana JJ Rawlings came to kill people mercilessly because of coruption and had the chance to rule the nation for 19 good years. Now he is rich and his party are very corrupt and is a s ... read full comment
Your NDC founder and forme president of Ghana JJ Rawlings came to kill people mercilessly because of coruption and had the chance to rule the nation for 19 good years. Now he is rich and his party are very corrupt and is a shame.
puley 9 years ago
I have gone through all the comments and haven't seen a single message from those stupid, dog and cacophony NDC and mahama supporters who does nothing but to rain insults any time NAna Addo speaks. I guess they can now see w ... read full comment
I have gone through all the comments and haven't seen a single message from those stupid, dog and cacophony NDC and mahama supporters who does nothing but to rain insults any time NAna Addo speaks. I guess they can now see where our beloved Ghana is heading to? Is sad absolutely pathetic that even without oil revenue Kuffour was able to introduce a lot of national policies that were beneficial to us all especially those ndc monkeys who do nothing but insults. With oil revenue, increased tariffs, taxes and loans after loans there is still nothing to show off as a benefit to the nation. Where did we go wrong? God save your nation from this predicament.
CC 9 years ago
IF LAYING OFF IS PART OF THE CONDITIONALITIES,THEN THE PRESIDENT AND HIS TEAM MUST GO FIRST.SINCE THEIR ADMINISTRATION CONTRIBUTED TO CORRUPTION THAT HAS BROKEN THE NATION.KUFFUOR LIFTED GHANA TO SOMEWHERE WHICH WE ALL APPREC ... read full comment
IF LAYING OFF IS PART OF THE CONDITIONALITIES,THEN THE PRESIDENT AND HIS TEAM MUST GO FIRST.SINCE THEIR ADMINISTRATION CONTRIBUTED TO CORRUPTION THAT HAS BROKEN THE NATION.KUFFUOR LIFTED GHANA TO SOMEWHERE WHICH WE ALL APPRECIATED HIS GOOD WORK.MAY GOD BLESS HIM ABUNDANTLY AND MORE CURSE TO MAHAMA FOR CONTRIBUTING EXCEEDINGLY TO THE SUFFERING OF GHANAIANS
The mask 9 years ago
The economy is hitting workers hard and many families have run out of ideas.
Boachsoft Finance 2012 software, developed in East Akim Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Sakumono ... read full comment
The economy is hitting workers hard and many families have run out of ideas.
Boachsoft Finance 2012 software, developed in East Akim Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Sakumono, is helping many families across the globe to balance the family budget, amortize loans and save for the future.
The next version is set to be released in December 2015. Use only the 2012 version.
For more information on managing family finances read the following article:
boachsoft(dot)com
CALABASH 9 years ago
When Ghanaians with their heads screwed on right and thinking very hard and fast through the very issues which had brought Ghana to this very place, which is a "completely fully blown economic collapse" and that this IMF bail ... read full comment
When Ghanaians with their heads screwed on right and thinking very hard and fast through the very issues which had brought Ghana to this very place, which is a "completely fully blown economic collapse" and that this IMF bailout was one which was premised on badly needed funds by the Mahama NDC gov't, which by the way, looted all the funds in the first place, this same Mahama NDC gov't was telling Ghanaians that, they were going to the IMF for technical support and if it didn't come with funds, they were okay because they just needed the technical support to garner the confidence and credibility in the markets on their so called homegrown policies.
Now the full blown IMF program comes with "full blown conditionalities"(massive layoffs-people teachers, salary freeze, currency devaluation, selling of profitable state assets(TOR on my mind), withdrawal of subsidies, tax increases, utility price increases) as well as the technical assistance and funds, which is basically what the Mahama NDC gov't really is looking at, the funds, to loot again.
It was just a day or two ago, that John Mahama said they were putting in place fiscal policies to prevent the financial indiscipline that caused the economic meltdown/collapse, and in the same breadth said, this program maybe, yes, maybe the last time his NDC gov't went to the IMF for a bailout.
These statements clearly defines what has led Ghana to this place, a collapsed economy and the fact that, the Mahama NDC gov't is not even sure the funds would not be looted. Indeed, Dr. Nduom was emphatic that on a balance of probability, it was very highly likely that the John Mahama administration was going to mismanage the funds(a diplomatic way of saying the Mahama administration will loot and plunder the funds) component of the IMF bailout program, and Ghana invariably stood to lose out in the long run under the Mahama NDC administration.
This is a full blown IMF program, with full blown conditionalities, which comes with further steep hardships on the already overburdened citizenry, who did not partake in the looting and thieving feast, which led to just Ghana being left with the bones under the Mahama/Amissah Arthur NDC administration.
The Asantehene put it out in the public domain that, his expectation was not to see an escalation of the hardships on the masses, but judging from the massive thievery that has attended the policy direction of the Mahama NDC gov't, this would not be met and that is the reality.
Going forward, the IMF as part of the conditionalities should look at releasing funds based on percentages of how much the Mahama NDC gov't retrieves of the looted funds, so for every $100 dollars they have looted and they retrieve, the IMF releases $1 dollar, to help with the balance of payments. That should be a necessary precondition for any release of any fund component of the bailout program and secondly, Ghanaians should be looking at voting out the looters, who have plunged the country into this mess by the reckless thievery which has caused the economic meltdown, for competent, visionary, and incorruptible leadership, that has demonstrated the ability, foresight and commitment to address an economy in HIPC status to a lower middle income economy within a mind-blowing timespan of 8years. Ghana deserves the best.
Mars1 9 years ago
There have always been conditions attached to any financial assistance/loan on this earth. To think there is none particularly from the IMF is naif or, simply put, ignorant of the workings of world financial institutions. The ... read full comment
There have always been conditions attached to any financial assistance/loan on this earth. To think there is none particularly from the IMF is naif or, simply put, ignorant of the workings of world financial institutions. The IMF has never been a conditions-free financial institution. Why should anyone think the IMF will treat Ghana differently. Dr Botchwey never said any assistance to Ghana will be conditions-free. That is the conclusion of those who try to put words in the advisor's mouth. IMF assistance is only a stop-gap measure and it is not meant to be an end in itself. People should get real and accept that to develop, a country needs to have the funds. If those funds are not available, it has to be borrowed. It is how those funds are used that is the challenge, and not the loan per se. People, get a life and leave Dr. Botchwey alone. He is not doing anything that is outside of the ordinary. Any financial aid is not a free lunch, folks. Get used to it, people. That is what we call life and welcome to it.
Wiseone 9 years ago
My friend, stop defending this useless government. We all know loans comes with conditions but IMF always have the most outrageous conditions on poor people. I don't see any benefit going to them.
My friend, stop defending this useless government. We all know loans comes with conditions but IMF always have the most outrageous conditions on poor people. I don't see any benefit going to them.
KING 9 years ago
YOU LAZY FOOLS WERE TOO LAZY BLAMING NIGERIANS, LAUGHING AT NIGERIANS..NOW WHILE NIGERIA IS BLAZING FAST AS THE BIGGEST ECONOMY IN AFRICA, GHANA IN THE OTHER HAND IS BECOMING ANOTHER ZIMBABWE. I AM COMING TO GHANA SOON TO BUY ... read full comment
YOU LAZY FOOLS WERE TOO LAZY BLAMING NIGERIANS, LAUGHING AT NIGERIANS..NOW WHILE NIGERIA IS BLAZING FAST AS THE BIGGEST ECONOMY IN AFRICA, GHANA IN THE OTHER HAND IS BECOMING ANOTHER ZIMBABWE. I AM COMING TO GHANA SOON TO BUY 20,000 GHANA WOMEN FOR 10 CEDIS. WE ARE YOUR MASTERS, ACCEPT THIS FACT OR DIE TRYING TO COMPETE WITH US.. HAHAHAHAHAHAHA
Tuga London 9 years ago
king because your women are stinky
king because your women are stinky
ROCKET PROPELLED GRENADE LAUNCHER 9 years ago
The masses should be gearing up to resist the imposition of any hardships brought about as a result of the looting and thievery of the Mahama NDC gov't, which has occasioned this full blown IMF programme. The Mahama NDC gov't ... read full comment
The masses should be gearing up to resist the imposition of any hardships brought about as a result of the looting and thievery of the Mahama NDC gov't, which has occasioned this full blown IMF programme. The Mahama NDC gov't caused it and they should fix it.
Abu Samson 9 years ago
Our economy need some intervention from somewhere! Akwasi, what brought us here is what is needed to fix. You have been with this NDC administration for almost 3decades and this is our destination.Ghana is bankrupt but Akwasi ... read full comment
Our economy need some intervention from somewhere! Akwasi, what brought us here is what is needed to fix. You have been with this NDC administration for almost 3decades and this is our destination.Ghana is bankrupt but Akwasi Botchwey, Nunoo-Mensah, J.J Rawlings and mahama will never be poor for the rest of their lives. You are a disgrace!
Jo 9 years ago
so who was Mahama lying to, thinking that every ghanaian is a fool?
so who was Mahama lying to, thinking that every ghanaian is a fool?
ALL ALONG 9 years ago
Mahama is not just a manufacturer of empty promises, he is also the father of all liers. What did he intend to gain from all the lies he fed Ghanaians about the IMF programme his rotten Government is seeking?
Mahama is not just a manufacturer of empty promises, he is also the father of all liers. What did he intend to gain from all the lies he fed Ghanaians about the IMF programme his rotten Government is seeking?
K. Baffour, Germany 9 years ago
Why many people are insulting Mr. Mahama , Mr. Kuffour, Pro.Mill and the rest? We are BLACKS and we should know this before we fought for total independence. Better we could fight for together governing and to learn more from ... read full comment
Why many people are insulting Mr. Mahama , Mr. Kuffour, Pro.Mill and the rest? We are BLACKS and we should know this before we fought for total independence. Better we could fight for together governing and to learn more from the white. Who can tell me which Black Ruling Land is Better? Even Sri Lanka is far better than any black African country. IMF bailout will never help us. The only thing that can help Black Africans is to employ White Economic, Finance,social, and so on miniters. Any black minister intend to go to make money in Politic more not or have no idea for other things, apart from money, women and so on, Mostly.
C.Stephen Sackey 9 years ago
I shudder to think how people like this writer see when they look in the mirror?
If one has such low opinion of self how in Gods name can you contribute to the onward march to civilization?
Please believed in self knowi ... read full comment
I shudder to think how people like this writer see when they look in the mirror?
If one has such low opinion of self how in Gods name can you contribute to the onward march to civilization?
Please believed in self knowing your race birthed mankind.
K. Baffour, Germany 9 years ago
For eg. what have we achieved since 57 yrs of gh. independence? You`re talking about civilization? Do you really know what it means? I will never insult you but please accept that we cannot. We must first learn well economic ... read full comment
For eg. what have we achieved since 57 yrs of gh. independence? You`re talking about civilization? Do you really know what it means? I will never insult you but please accept that we cannot. We must first learn well economic and Finance and so on. that is why we`re suffer. If you think you`re so clever, how long shall people wait for you to do something?
Dessy 9 years ago
Doing nothing is worse off doing something
Doing nothing is worse off doing something
A light of the Black star 9 years ago
There are no real economists in Ghana. Only paper pushers like Kwesi who cannot connect the real populace economic prowess with their programs so their quick way is to quickly ran to the IMF for solutions which don't help any ... read full comment
There are no real economists in Ghana. Only paper pushers like Kwesi who cannot connect the real populace economic prowess with their programs so their quick way is to quickly ran to the IMF for solutions which don't help any one but the government sector to pay their public sector workers.
The midmen like Kwesi Botchway don't know any thing except wait for IMF dictates. We are yet to see any real results from all this IMF games Ghanaian governments play
Anthony 9 years ago
Ghanaians should weep that Dr Kwesi Botchwey is advisor to our president and head of team negotiating with IMF. Botchwey's record with Economic and Finance management are unimpressive. He has taken Ghana to IMF before and cau ... read full comment
Ghanaians should weep that Dr Kwesi Botchwey is advisor to our president and head of team negotiating with IMF. Botchwey's record with Economic and Finance management are unimpressive. He has taken Ghana to IMF before and caused great hardship to the people , with the top like him benefiting here and abroad. Botchwey at Legon appear a socialist , an insincere one and a traitor to the core socialist ideology. He is a capitalist , IMF conditionalities lover and a show boy. IMF and WORLD BANK LOANS have never benefited GHANA or any African nation. The funds come the leaders steal by awarding dubious contracts to their agents and friends at the expense of ordinary Ghanaians. Only doom awaits any identification with CAPITALIST IMF.
Araba AMIYGE NAGAH 9 years ago
Will Ghana do what Turkey and Brazil Did?
Skepticism!!!
Will Ghana do what Turkey and Brazil Did?
Skepticism!!!
JAA 9 years ago
Very Sad!. Botchwey nevertheless envisages that an external agency will come in to help alleviate the economic challenges. Excuse us professor, you know that the post IMF market paradigm will not and cannot bring any comfort ... read full comment
Very Sad!. Botchwey nevertheless envisages that an external agency will come in to help alleviate the economic challenges. Excuse us professor, you know that the post IMF market paradigm will not and cannot bring any comfort, nor advantage to our nation. Kwasi Botchwey, I write with almost tears in my eyes that you and the government you represent have over the years destroyed and are still destroying the lives of our people. Young people will face a future with basic economic and social inviolable rights being denied. Just basic rights; sadly, these do not incur huge financial costs. I wonder how many parents are going to be without jobs to take care of their kids. The knock on effects are incalculable. The avenue you have created as a result of your economic irrationality means the neoliberals( what you deviously call external agency ) are coming in with their ruthless market logic: lack of workers rights, probably zero hours contracts, lower environmental laws, etc. Talking about poor environmental laws. Only yesterday, we read that a young person had been drowned tragically and needlessly. You know that the neoliberals self regulating market is to commodify labour, land, capital and almost everything. Come on professor Botchwey, what kind of economic advisor are you?. You see you guys thrive on the sheer ignorance of most of our people who view every critique from tribalism perspective; it is sad. But we want a government regardless of which part of our nation they come from, but they must know what they are doing.
SAM 9 years ago
NEVER THOUGHT MAHAMA WILL BE SUCH A USELESS PRESIDENT- AN MP, VICE P AND NOW PRESIDENT AND THIS IS YOUR SHOW? VERY VERY APPALLING. I DON'T THINK NPP'S KAPUEPUE EVEN HAS TO CAMPAIGN FOR 2016-SILVER PLATER FOR SURE. RESIGN MAHA ... read full comment
NEVER THOUGHT MAHAMA WILL BE SUCH A USELESS PRESIDENT- AN MP, VICE P AND NOW PRESIDENT AND THIS IS YOUR SHOW? VERY VERY APPALLING. I DON'T THINK NPP'S KAPUEPUE EVEN HAS TO CAMPAIGN FOR 2016-SILVER PLATER FOR SURE. RESIGN MAHAMA "CUS" YOU ARE A DISGRACE-A BIG ONE
Samuel Asare-Nkansah(USA) 9 years ago
I have emphasized in my previous article that this 'money' from this so-called IMF has a price tag attached to it and that if the money is not managed well which has a high probability and likeliness associated, will send Gha ... read full comment
I have emphasized in my previous article that this 'money' from this so-called IMF has a price tag attached to it and that if the money is not managed well which has a high probability and likeliness associated, will send Ghanaians and the economy well back into recession. There shouldn't be any hollow sugar-coated promises as given by the president. Why and how did we get here fellow Ghanaians? Through mismanagement of state's funds, corruption and thievery by those iditos in leadership positions irrespective of party affiliations.The common Ghanaian has copied this ruthless lifestyles of leadership so if given the chance, the emulated corrupt mode of life is implemented.Who started this corruption? Past leadership. Mr. President stop sugar-coating your speeches about this IMF stuff, tell the people the truth and start tackling corruption head-on before this money get flown into the system. Any avoidance will lead to calamity.You had all these advisors, yet we failed as a nation and now we have to plead for assistance at a price tag. Shame on us.
OKYENANTI. 9 years ago
GREEDY BASTARDS.GREEDY BSTARDS,GREEDY BASTARDS.
GREEDY BASTARDS.GREEDY BSTARDS,GREEDY BASTARDS.
de 9 years ago
Why does Gov't continue to tell lies to Ghanaians about IMF bail-out and its strings? Why the persistent lies from Gov't communication machinery? When has IFM ever bailed out any country without conditionalities? Such dishone ... read full comment
Why does Gov't continue to tell lies to Ghanaians about IMF bail-out and its strings? Why the persistent lies from Gov't communication machinery? When has IFM ever bailed out any country without conditionalities? Such dishonesty and insincerity of Mahama-led gov't in treating Ghanaians with disdain is so disgusting. When will this gov't stop the cheap, deceitful and malicious propaganda? People are suffering daily, and here we have a Gov't Communications team daily on the airwaves trading untruths and lies and half-truths. This continuous insulting posture of Gov't is the most reckless and insensitive demeanor a Gov't will ever perpetrate against its suffering citizenry.
Time Will Tell 9 years ago
Mahama is a Cyto President....the mess is too much... Is this the Ghana Kuffour and the NPP handed over to the NDC???
Mahama is a Cyto President....the mess is too much... Is this the Ghana Kuffour and the NPP handed over to the NDC???
NON ALIGNED 9 years ago
NKRUMAH warned against dependence on capitalist global institutions such as the Bretton Woods institutions such as the IMF and World Bank. Of the UN he reminded us that the UN is the tool of the elite states which control th ... read full comment
NKRUMAH warned against dependence on capitalist global institutions such as the Bretton Woods institutions such as the IMF and World Bank. Of the UN he reminded us that the UN is the tool of the elite states which control the Security Council and that it was / is "just as reliable an instrument for world order and peace as the Great Powers are prepared to allow it to be." QUOTE FROM - I Speak of Freedom, preface, p xii.by NKRUMAH.........
Years down the line we are still falling prey to such institutions...even though we are literally sitting on GOLD, DIAMOND, BAUXITE, COCOA, OIL......etc. you name them.
Traitors like JJ, Kwesi Botchwey,Dr. Joe Abbey (in the 80s), K4 have historically ignored the self-reliant proposals of Osagyefo and Kutu Acheampong.
Years down the line, the AFROPEANS who are constantly 'in bed' with their slave masters, lied to Ghanaians that they will not embrace the IMF-SAP permanently, but just to address structural incoherencies and displacements, while gaining us fiscal and material support in the interim.............They are still lying to Ghanaians.
Kwesi Botchwey who is a typical AFROPEAN.....lied then, and is at it again. When are we ever going to learn???
These lot do not have the citizens of our country at heart they only think of what they and their masters would gain from all these structural adjustment programmes.
Is it not clear to us that, they have consistently undermined our state sector and private industries and bankrupted of our commodity exports?
Why do we always fall for their lies???
So, NKRUMAH was overthrown for this????? OH! GHANA!!!
NKRUMAH NEVER DIES!!!
GOD BLESS GHANA!
AFRICAN FOREVER!
Gye Nyame 9 years ago
Go and read your sucky Ghana history and you will see that in 1965 Nkrumah had to get a bail out from the IMF and on top of that wrote a bogus contract with Kaiser to build Akosombo etc. When the economy was failing Nkrumah t ... read full comment
Go and read your sucky Ghana history and you will see that in 1965 Nkrumah had to get a bail out from the IMF and on top of that wrote a bogus contract with Kaiser to build Akosombo etc. When the economy was failing Nkrumah told us to tighten our belts -- No one likes to go to the IMF or the world bank but Mahama has no choice with the state of the economy now. Nkrumah did not practice what he preached because like our current situation the money was squandered. Though, I must add at least Nkrumah had something to show for some of the money (could have done more though) while Mahama has nothing to show for it.
NON ALIGNED 9 years ago
A name like yours should reflect TRUTH and not the distortion of historical facts................or if I amy be blunt - LIES!!!!!
I would not be surprised if you are a descendant of one of his traitors.
You lot are hell-b ... read full comment
A name like yours should reflect TRUTH and not the distortion of historical facts................or if I amy be blunt - LIES!!!!!
I would not be surprised if you are a descendant of one of his traitors.
You lot are hell-bound on destroying the GREAT MAN - OSAGYEFO! It will not stick! Stop the lies!!!!!!!!
READ SOME FACTS BELOW:
1965: Ghana Rejects IMF and World Bank Advance, Continues with Import Substitution Plan
Ghanaian President Kwame Nkrumah rejects IMF and World Bank recommendations to implement a economic development strategy based on non-inflationary borrowing and reduced government spending. Ghana’s refusal to implement these reforms makes it ineligible to receive loans from the two institutions. Nkrumah continues with a policy aimed at diversifying the Ghanaian economy through import substituting industrialization (ISI). (BBC 11/4/1997; Boafo-Arthur 1999; Encyclopaedia Britannica 2004)
NKRUMAH NEVER DIES!!!!
GOD BLESS GHANA!
AFRICAN FOREVER!
Zirbure 9 years ago
where are the political infants :fifi kwetey,ablakwa and felix k. fosu? when brainy people like Dr. bawumia were warning the gov't this 3 guys who analyse things with their stomach insulted him day in day out. where are we no ... read full comment
where are the political infants :fifi kwetey,ablakwa and felix k. fosu? when brainy people like Dr. bawumia were warning the gov't this 3 guys who analyse things with their stomach insulted him day in day out. where are we now?
John Musah 9 years ago
Dr. Biotchway used the same words in 1983. For those who do not know, his justification is the same. This man is not even creative. Cannot learn new words, and has a habit of presenting himself as the nation wrecker that he r ... read full comment
Dr. Biotchway used the same words in 1983. For those who do not know, his justification is the same. This man is not even creative. Cannot learn new words, and has a habit of presenting himself as the nation wrecker that he really is. President Mahama will regret the day he dug this man from the cesspool that he was swimming in. God save Ghana from the like of Botchway.
Blagodzi 9 years ago
We said it. No surprise there. Just like his name Botchway, this man will botch everything. Cant even organise a lunch party for the kids. Typical. We said that with all his skills and experience he would achieve and deliver ... read full comment
We said it. No surprise there. Just like his name Botchway, this man will botch everything. Cant even organise a lunch party for the kids. Typical. We said that with all his skills and experience he would achieve and deliver nothing. Just like his tenure before and see what happens. He has done the same damn thing all over again. All effort for nothing. All built on useless foundations. Just another idiot. Everyone knows the IMF and its operations and no amount of sweet talk will change this. Everyone who has suffered with those bastards know it. Botchway himself knows this and has walked right into it again and again and again. Like a dog to its vomit. What is it that makes NDC always rape and wreck its own country year in year out?
Lord Tennison 9 years ago
You have a change of heart now.You have decided to tell Ghanaians the whole truth,nothing but the truth.Are the days of blatant lies over?
It is an open secret that only countries which are broke and desperately need financi ... read full comment
You have a change of heart now.You have decided to tell Ghanaians the whole truth,nothing but the truth.Are the days of blatant lies over?
It is an open secret that only countries which are broke and desperately need financial assistance call on the IMF.No country consults the IMF on policy issues which are so abundant in IMF staff reports about countries.We also know that to ensure that the monetary assistance achieves the purpose for which it was intended,the conditions precedent,though bitter,must be swallowed.So what was the circuitous journey to offer reasons for seeking SoS from the Fund about?Could John Mahama not let the cat out of the bag from the word go?
Nana duna 9 years ago
It is only in Ghana where an idiot like Kwesi Botchway will be allowed to walk the street for free. 13 years as economic blah blah blah and we are still borrowing. This same idiot is here after 20 years to tell us nothing has ... read full comment
It is only in Ghana where an idiot like Kwesi Botchway will be allowed to walk the street for free. 13 years as economic blah blah blah and we are still borrowing. This same idiot is here after 20 years to tell us nothing has changed and the borrowing continues. I dont blame him nor the president of Ghana.I blame you the stupid citizens for allowing these swines to throw dust in your eyes.
Kofi Thomas, Cape Coast 9 years ago
you are just back in Ghana to die. You want a state burial, but I bet you will never have one. You supervised literally the stealing and sharing of all national assest among PNDC/Transition Govt/NDC1/NDC2. You think you posse ... read full comment
you are just back in Ghana to die. You want a state burial, but I bet you will never have one. You supervised literally the stealing and sharing of all national assest among PNDC/Transition Govt/NDC1/NDC2. You think you posses the development wisdom after you IMF and Harvard used you to disrespect the entire country. You are back with your none sense. Your death is coming!
oor 9 years ago
This mad so called dr should should be barn from ghanas purse either than that he willbring back the inflation this time to 1000 percent blame this bongno faced so called dr impart for that crookerd constitution lmposed on ou ... read full comment
This mad so called dr should should be barn from ghanas purse either than that he willbring back the inflation this time to 1000 percent blame this bongno faced so called dr impart for that crookerd constitution lmposed on our dear ghana
Otsibu Darko 9 years ago
D. Botchwey we understand you're an economic wizard and with your statement does this 'bode' well for
for Ghanaians; for how long should we be slaves in own country. When Nigeria discovered oil, the economy was booming and ... read full comment
D. Botchwey we understand you're an economic wizard and with your statement does this 'bode' well for
for Ghanaians; for how long should we be slaves in own country. When Nigeria discovered oil, the economy was booming and every was rushing to Nigeria, the Naira was very strong and my N60.00 a month minimum pay was more than enough and I should say everybody on the 'average' was enjoying but in Ghana case we have to go to IMF, where is all the oil money, Botchwey isn't something amiss somewhere or this one of your ploys in collusion with 'others' to amass wealth to the detriment of impoverished Ghanaians?
Yaa 9 years ago
Is this not what Honorable Akoto Osei talked about? Are we not right back to HIPIC? And these are the people who promised us milk and honey and a Better Ghana? Tweaaa.
Is this not what Honorable Akoto Osei talked about? Are we not right back to HIPIC? And these are the people who promised us milk and honey and a Better Ghana? Tweaaa.
Going for IMF means ghana is sold & the sad part is that these same politicians will share most the funds among themselves.
Hmm, so the term for the loan could impose hardship for the already poor & suffering Ghanaians? Appalling!
We need relief, not more suffering. We also don't want a bail out program that would encumber future governments. This is why Parliament must review this IMF "Suffer-Suffer" program and vote on it, for the people.
IF "WE NEED RELIEF, NOT SUFFERING", THEN WE MUST BACK OUT OF THE "IMF BAILOUT".
EITHER WAY, THE CONSEQUENCES WILL NOT BE "RELIEF".
We are in a "no-win" scenario. We have "chopped-chopped" our economy into a Pandora's bo ...
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Unless we identify and fix the lapses that brought us to this point, this IMF bailout will only be a temporary fix. Ghanaians must RESIST making any more sacrifices unless the main problem of CORRUPTION is recognized and dea ...
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Any more sacrifices should come from the government officials and their cronies, for the poor have done their part.
Next question! How did they do this? Woyome,Sada , Gyeeda, NSS........
Just are already in pain and hardship. IMF bailout will only give you short term relief and longterm pain. So find the relief internally and make drastically monetary, cost.cutting decisions instead. Just don't care about the ...
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Silly, Korea is a Korea today because of IMF
Of course! Because Ghanaians are cowards
to stand up to these thieves like other countries have done and are doing.
OH GHANA...this is HIPC in disguise. What is wrong with our nation. Only this time the hardship will hit the people more. Don't we have people to sort out this economic mess in Ghana. Why do we always have to go to the WB or ...
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Hopelessly Idiotic Persistent criminals (HIPC).
We have gold, diamon, boxite, oil n gas, coco, timber, sea, rivers, good land for agric etc but till all these problems.
Ha, Ghana, we are no near to what happened to Greece..thank God out country is not bankrupt and out credit rating has open door for bailout
Again???? when will it end. We suffered a lot. God help us amen
Amen! This is a sad situation for our country, and Africa as a whole. Poor leadership, ineffective institutions and governance systems, unsupportive attitudes, underpinned by the lack of commitment on the part of the politici ...
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We have failed to manage so we need an expatriate to assist us plan and manage.
Sacrilege! !! THE BLACK MAN IS CAPABLE OF MANAGING HIS OWN AFFAIRS! !!! NO?
Well, comments are free facts are sacred. The facts speak for themselves isn't it?
Really?? With all the fiscal waste ignored. It looks like we are very serious people.
One may ask the current Govt: "Where is the better Ghana we were promised." Why have we discovered oil but still have to go through hardship ?
I am not a supporter of any political party, but I believe there should a change in regime. These idiots must go and a lot of the officials should be prosecuted and jailed.
Ask yourself who supports the NDC to the core. Do you now see your wisdom?
ZoRRo supports no political party; for they are all non-performers and have too many Greedy Bastards.
The ordainary Ghanaian will suffer meanwhile it is the incompetence of the President and his advisors who got us into this mess without being able to effectively forsee the danger ahead and put in the appropriate course so t ...
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THE CORRUPTION AND INCOMPETENCE OF MAHAMA HAS LEAD GHANA TO IMF BAILOUT AND MAHAMA KEEP TELLING US LIES THAT GH WILL BE OK BUT GH IS GOING TO SUFFER MAHAMA IS BRAINLESS
The truth can never be hidden. During his time in office what did he and Rawlings offer us apart from selling our resources and factories.
We have not seen nothing yet. From P. V. Obeng to Kwesi Botchwey what good can come ...
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MY BROTHER YOU ARE 100% RIGHT. THESE OLD NDC GUYS ARE BACK TO STEAL ALL THE MONEY AGAIN. KWESI BOTCHWE3, DAN ABUDAKPUI, KOFI KPORTUHEY ETC, ETC. LUCKILY THE OTHER THIEF P.V. OBENG DIED LIKE A DOG ON THE STREET OF ACCRA. THESE ...
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They insulted him and called him names.Now the day has come.Over to you Ghanaians at home, who voted for this clueless party again.
IS THAT ALL KWASI BOTCWEY CAN DO AFTER MAHAMA MESSED UP THE ECONOMY WE NEED MORE JOBS ACT NOW FOR OUR GRADUATE CHILDREN
What brought us to the IMF? We still have woyome walking free with every penny of his loot. Zoomlion, rlg have all not repaid a penny of the money they stole from the state. We have idiots like anita ashawo and Kobby the poof ...
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If truly Kwesi Botchway had all this time been an Economic Advisor to DULLARD MAHAMA ( but hasn't just arrived from the MARS) then I think he deserves to consult a well qualified PSYCHIATRIST.
Otherwise, could he please te ...
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You know what,if he is your family member,you won't insult him and woe unto those who insult elders..Kwasi botchwey is a PHD holder..a doctorate..he is a renown economist and internationally accredited like Karl Hans Straus ...
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this dessy is crazy. you maybe on the pay list of mahama but not too long.
This Kwasi Botchway introduced IMF PAMSCAD in the 1980s causing many people to lose their jobs. He is back again to make things worse. Where was this Mahama in the 80s? Brainless NDC.
Better we get rid of goes names in our pay system..The Bail out will help
Here you are. Ena eda ho no! Sii Kye na. Need I say more?? Naaaaaaa!
Well I guess if they're going to relinquish power to the IMF, why not sacrifice the very poor. After all, the headaches to come as a result of this loan won't affect the very corrupt politicians.
But that idiot Mahama told us something different. What can IMF do that NDC couldn't do? Does it means NDC has nobody with brains? I cannot believe this shit. What are all the millions Wayome and Mahama and the NDC have stole ...
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CAN SOMEBODY SLAP THIS GOMOA THIEF-MAN KWESI BOTCHWE3 FOR ME? THESE ARE THE CROOKS ALWAYS MILKING GHANA INTO THIER DIRTY POCKET. YOU'VE SERVED AS THE FINANACE MINISTER FOR 13 YRS. YOU AND JJ RAWLINGS ONCE TOOK GHANA TO THE ...
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You are very right. I wuold certainly have slapped him for you if I were near to him. So could Mahama not take any better economic adviser than this worn out corrupted rat Kwesi Botchay?
THIS IS NOT HIV BUT FULL BLOWN AIDS
GHANA IS IN INTENSIVE CARE UNIT
COMATOSE. OH NDC
Mahama must be impeached before the outbreak of financial constraint drive all ghanaians to the reals of financial insanity. So what happened to all the oil, gold, and all the natural resources the country is endowed with an ...
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The current scenario was clear a whole year ago but the NDC kept denying that the gov't was going to IMF for a bail-out but only to present their home grown policies for support. This sort of ...
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That is after the money has been shared among yourselves .we know that already you need not to tell us.Thank you.
You this man again. You were finance minister for almost 2 decades. You sunk Ghana economy and eventually resigned.
You went for IMF loan but you could not turned the economy around. With this big empty head as a professor ...
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HE IS ONE OF THE EWE GUYS WHO DON'T WANT GHANA TO DEVELOP. WE BETTER ARREST THIS THIEF KWESI BOTCHWE3 RATHER THAN GIVING HIM A POLITICAL ADVISER POST.!!!!FOOOOOLS
taken a bailout from imf is not a crime.individuals takes money from banks to expand their businesses,it works.gov't can go ahead quickly to turn things around.
"Dr Kwesi Botchwey, an economic advisor to the President, has finally admitted that Ghana is going for a full blown IMF programme which would have conditionalities.
He did not disclose the conditions attached to the progra ...
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Kwesi Botchwey is the reason Ghanaians are suffering
Dr Kwesi Botcwey is a one of the most corrupt guys in ghana now. He appears holly in public but if you ever get close to him, you'ld know that this man does not mind selling Ghana. He and Thief Sipa Yankey are the main reason ...
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Is this guy fucking serious- excuse my French but am passed off to kingdom come.?
Here is an economic advisor who mortgaged Nkrumah's visionary heavy industrial base - the Republic's heir looms ,for pennies on the dollar to ...
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where are the ndc foot-soldiers who have been shooting idey bee k3k3? .now they have all coiled into their shelves suffering with the masses. next time these fool soldiers will wise up, supporting criminal syndicate is the r ...
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Why is John Mahama and his government so small with the truth. Ghana govt is call IMF and EU, twenty years loan sign by John Mahama on behalf of ghanaians in a secret without ghanaians debating it, three years IMF programme r ...
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If these leaders are being followed by people then it is because their intention to reduce the education of the mass to able to infiltrate their tribal politics whiles rubbing the country dry. Considering if all the loopholes ...
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He did not disclose the conditions attached to the programmes, but calmly accepted that some of them could impose hardship on the people.
And I told you so that the well planned schemed steal the from the coffers and the ...
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So beggars don't have any choices ah? IMF is an organization for the very rich, it's motto is to further make developed countries even poorer. Their outrageous conditions imposed on poorer countries is a modern day slavery. T ...
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honestly speaking if Ghana would be a cocaine Country to reduce These IMF hardships ,i will vote for cocaine bailout as against IMF hardship.
why is IMF always dictating to poor countries? to broading their already high ...
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Ghanaweb should probably edit things folks put on this forum. The insults and ignorance are becoming too sensitive to some of us who take non polically liberal views of the country's current challenge. Look at Egypt, Cote D'v ...
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GOOD MINDED PEOPLE LIKE ME TOLD GHANAIANS A LONG TIME AGO WHEN THIS IMF ISSUE CAME UP ; WE TOLD GHANAIANS THAT JON MAHAMA WILL END UP WITH A BEGGING BOWL AT THE IMF BUT THERE NDC WISE GUYS WHO SAID JON MAHAMA WAS THE GREATES ...
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NDC:THEY NEVER TELL THE TRUTH. THE TRUTH IS ANATHEMA TO NDC.
Your NDC founder and forme president of Ghana JJ Rawlings came to kill people mercilessly because of coruption and had the chance to rule the nation for 19 good years. Now he is rich and his party are very corrupt and is a s ...
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I have gone through all the comments and haven't seen a single message from those stupid, dog and cacophony NDC and mahama supporters who does nothing but to rain insults any time NAna Addo speaks. I guess they can now see w ...
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IF LAYING OFF IS PART OF THE CONDITIONALITIES,THEN THE PRESIDENT AND HIS TEAM MUST GO FIRST.SINCE THEIR ADMINISTRATION CONTRIBUTED TO CORRUPTION THAT HAS BROKEN THE NATION.KUFFUOR LIFTED GHANA TO SOMEWHERE WHICH WE ALL APPREC ...
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The economy is hitting workers hard and many families have run out of ideas.
Boachsoft Finance 2012 software, developed in East Akim Municipality (Akyem-Maase and Bunso) in the Eastern Region of Ghana and in Accra/Sakumono ...
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When Ghanaians with their heads screwed on right and thinking very hard and fast through the very issues which had brought Ghana to this very place, which is a "completely fully blown economic collapse" and that this IMF bail ...
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There have always been conditions attached to any financial assistance/loan on this earth. To think there is none particularly from the IMF is naif or, simply put, ignorant of the workings of world financial institutions. The ...
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My friend, stop defending this useless government. We all know loans comes with conditions but IMF always have the most outrageous conditions on poor people. I don't see any benefit going to them.
YOU LAZY FOOLS WERE TOO LAZY BLAMING NIGERIANS, LAUGHING AT NIGERIANS..NOW WHILE NIGERIA IS BLAZING FAST AS THE BIGGEST ECONOMY IN AFRICA, GHANA IN THE OTHER HAND IS BECOMING ANOTHER ZIMBABWE. I AM COMING TO GHANA SOON TO BUY ...
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king because your women are stinky
The masses should be gearing up to resist the imposition of any hardships brought about as a result of the looting and thievery of the Mahama NDC gov't, which has occasioned this full blown IMF programme. The Mahama NDC gov't ...
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Our economy need some intervention from somewhere! Akwasi, what brought us here is what is needed to fix. You have been with this NDC administration for almost 3decades and this is our destination.Ghana is bankrupt but Akwasi ...
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so who was Mahama lying to, thinking that every ghanaian is a fool?
Mahama is not just a manufacturer of empty promises, he is also the father of all liers. What did he intend to gain from all the lies he fed Ghanaians about the IMF programme his rotten Government is seeking?
Why many people are insulting Mr. Mahama , Mr. Kuffour, Pro.Mill and the rest? We are BLACKS and we should know this before we fought for total independence. Better we could fight for together governing and to learn more from ...
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I shudder to think how people like this writer see when they look in the mirror?
If one has such low opinion of self how in Gods name can you contribute to the onward march to civilization?
Please believed in self knowi ...
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For eg. what have we achieved since 57 yrs of gh. independence? You`re talking about civilization? Do you really know what it means? I will never insult you but please accept that we cannot. We must first learn well economic ...
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Doing nothing is worse off doing something
There are no real economists in Ghana. Only paper pushers like Kwesi who cannot connect the real populace economic prowess with their programs so their quick way is to quickly ran to the IMF for solutions which don't help any ...
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Ghanaians should weep that Dr Kwesi Botchwey is advisor to our president and head of team negotiating with IMF. Botchwey's record with Economic and Finance management are unimpressive. He has taken Ghana to IMF before and cau ...
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Will Ghana do what Turkey and Brazil Did?
Skepticism!!!
Very Sad!. Botchwey nevertheless envisages that an external agency will come in to help alleviate the economic challenges. Excuse us professor, you know that the post IMF market paradigm will not and cannot bring any comfort ...
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NEVER THOUGHT MAHAMA WILL BE SUCH A USELESS PRESIDENT- AN MP, VICE P AND NOW PRESIDENT AND THIS IS YOUR SHOW? VERY VERY APPALLING. I DON'T THINK NPP'S KAPUEPUE EVEN HAS TO CAMPAIGN FOR 2016-SILVER PLATER FOR SURE. RESIGN MAHA ...
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I have emphasized in my previous article that this 'money' from this so-called IMF has a price tag attached to it and that if the money is not managed well which has a high probability and likeliness associated, will send Gha ...
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GREEDY BASTARDS.GREEDY BSTARDS,GREEDY BASTARDS.
Why does Gov't continue to tell lies to Ghanaians about IMF bail-out and its strings? Why the persistent lies from Gov't communication machinery? When has IFM ever bailed out any country without conditionalities? Such dishone ...
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Mahama is a Cyto President....the mess is too much... Is this the Ghana Kuffour and the NPP handed over to the NDC???
NKRUMAH warned against dependence on capitalist global institutions such as the Bretton Woods institutions such as the IMF and World Bank. Of the UN he reminded us that the UN is the tool of the elite states which control th ...
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Go and read your sucky Ghana history and you will see that in 1965 Nkrumah had to get a bail out from the IMF and on top of that wrote a bogus contract with Kaiser to build Akosombo etc. When the economy was failing Nkrumah t ...
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A name like yours should reflect TRUTH and not the distortion of historical facts................or if I amy be blunt - LIES!!!!!
I would not be surprised if you are a descendant of one of his traitors.
You lot are hell-b ...
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where are the political infants :fifi kwetey,ablakwa and felix k. fosu? when brainy people like Dr. bawumia were warning the gov't this 3 guys who analyse things with their stomach insulted him day in day out. where are we no ...
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Dr. Biotchway used the same words in 1983. For those who do not know, his justification is the same. This man is not even creative. Cannot learn new words, and has a habit of presenting himself as the nation wrecker that he r ...
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We said it. No surprise there. Just like his name Botchway, this man will botch everything. Cant even organise a lunch party for the kids. Typical. We said that with all his skills and experience he would achieve and deliver ...
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You have a change of heart now.You have decided to tell Ghanaians the whole truth,nothing but the truth.Are the days of blatant lies over?
It is an open secret that only countries which are broke and desperately need financi ...
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It is only in Ghana where an idiot like Kwesi Botchway will be allowed to walk the street for free. 13 years as economic blah blah blah and we are still borrowing. This same idiot is here after 20 years to tell us nothing has ...
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you are just back in Ghana to die. You want a state burial, but I bet you will never have one. You supervised literally the stealing and sharing of all national assest among PNDC/Transition Govt/NDC1/NDC2. You think you posse ...
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This mad so called dr should should be barn from ghanas purse either than that he willbring back the inflation this time to 1000 percent blame this bongno faced so called dr impart for that crookerd constitution lmposed on ou ...
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D. Botchwey we understand you're an economic wizard and with your statement does this 'bode' well for
for Ghanaians; for how long should we be slaves in own country. When Nigeria discovered oil, the economy was booming and ...
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Is this not what Honorable Akoto Osei talked about? Are we not right back to HIPIC? And these are the people who promised us milk and honey and a Better Ghana? Tweaaa.