Be wary of workers’ wrath – EIU advises government

Read Comments Comments (7)

• PRINCE KWASI ADADE (OFIE) 11 years ago

  DR. BAWUMIA:-----------
  “In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion in six years an ...
  read full comment

  DR. BAWUMIA:-----------
  “In the last six years, the NDC has borrowed US$27 billion. Before that, we, the NPP, borrowed a total of US$5.5 billion in eight years. Compare that to the NDC borrowing $27 billion in six years and ask yourself what they have done with all that money,” the running mate to Nana Akufo-Addo said.
  
  He said, though a lot more money has been spent, it is a paradox of economic management that this level of excessive spending has only led to greater hardships being visited on the people.
  
  “NDC inherited a public debt stock of GHS9.5 billion in 2009,” the former Deputy Governor of the central bank said. “Today, Ghana’s debt has gone up to GHS65.7 billion. So when I say the stakes are high I am talking about the destiny of our country, Ghana, the future of the youth.”
  
  “The NDC has been taxing everything, including condoms and cutlasses. In terms of resources, this NDC government has had more resources than any other government. We did not have oil. Yet, Ghanaians know what we did with the limited resources we had. We spent money responsibly to create the NHIS, introduce Capitation Grant, expand access to education, we spent wisely on infrastructure and built more roads than any other government,” he said.

  reply
• Mahmoud 11 years ago

  Mr. Kwesi Pratt, could you remember that Nkrumah used to incite workers to strike against the Whiteman, but outlawed strikes in his regime when living conditions were genuinely difficult for workers, and said that strikes wer ...
  read full comment

  Mr. Kwesi Pratt, could you remember that Nkrumah used to incite workers to strike against the Whiteman, but outlawed strikes in his regime when living conditions were genuinely difficult for workers, and said that strikes were unpatriotic?
  
  Could you also remember that Rawlings used to incite TUC workers to strike against Liman's government in order to over throw it fraudulently? And could you remember that he used to take 'Kenkey' to Legon to demonstrate how the size had shrunk under Liman, and we ended up in the "Rawlings's Chain" but nobody could talk? Could you further remember that Acheampong and Rawlings used the mild IMF conditions under Busia and Liman respectively as justifications for overthrowing their governments deceitfully? Could you still remember that PNDC reintroduced IMF and the World Bank with more stringent conditions after the coup without apologizing to Liman?
  
  I don't know what the leftists are talking about, and I don't believe that NPP is behind the present wave of strikes either. As far as I know, NPP is only highlighting the failings and excesses of the government, hopping to translate them into votes for the party in the next elections. And that is, in fact, genuine and legitimate politics because the failings are true and not false. Everybody in Ghana knows that cost of living under the NDC government is unbearable, and NPP is democratically seizing the opportunity to convince the electorate not to vote for NDC in the next elections.
  
  Frankly, I don't see anything wrong with an opposition highlighting the failings of an incapable government to wrestle power from it democratically. NDC is the cause of the strikes because of higher levels of corruption, over spending, reckless borrowing and economic mismanagement that have brought untold hardship on Ghanaians.

  reply
• VVIP JDM SNIFFER COCAINE 11 years ago

  NDC MAHAMA IS NUMBER ONE BIG CORRUPT IN GHANA HISTORY,EVILS,CRIMINALS,GANGATUAN BIG COCAINE DILLERS FOOOOOLS

  NDC MAHAMA IS NUMBER ONE BIG CORRUPT IN GHANA HISTORY,EVILS,CRIMINALS,GANGATUAN BIG COCAINE DILLERS FOOOOOLS

  reply
• Ugly Akufo Addo 11 years ago

  Akufo Addo is seriously sick

  Akufo Addo is seriously sick

  reply
• mickey 11 years ago

  stupid president!

  stupid president!

  reply
• The mask 11 years ago

  The economy is hitting workers hard and many 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 help ...
  read full comment

  The economy is hitting workers hard and many 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. com

  reply
• Pappa 11 years ago

  Sir, what about the corruption practices that are high in this period? No amount of measures can succeed unless we stop looting and sharing. Ghana can do better than many countries but stealing stealing stealing...Am sorry

  Sir, what about the corruption practices that are high in this period? No amount of measures can succeed unless we stop looting and sharing. Ghana can do better than many countries but stealing stealing stealing...Am sorry

  reply