Debt crisis looms – Economist warns

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• Togbe Fiti 10 years ago

  And Mahama continues to say that all will be well. Is this not simple foolhardiness and stupid optimism? Stop Mahama before he drags all of us into a ditch.

  And Mahama continues to say that all will be well. Is this not simple foolhardiness and stupid optimism? Stop Mahama before he drags all of us into a ditch.

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• Catty 10 years ago

  So this is the end result of the 'better Ghana?

  So this is the end result of the 'better Ghana?

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• Mahmoud 10 years ago

  Ghana epitomises much of the best of Africa, but also throws into relief the tragedy of the continent. It has maintained its higher education and has fewer extremes of wealth than elsewhere. But at independence in 1957, Ghana ...
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  Ghana epitomises much of the best of Africa, but also throws into relief the tragedy of the continent. It has maintained its higher education and has fewer extremes of wealth than elsewhere. But at independence in 1957, Ghana was richer than Argentina, Brazil, Malaysia or Singapore. Today, those countries are at least ten times as wealthy.

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• Asamoah Forson 10 years ago

  Look at this two men and tell me how Ghana is been rape by. Arm robbers.

  Look at this two men and tell me how Ghana is been rape by. Arm robbers.

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• yanks 10 years ago

  obiaa

  obiaa

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• azumah 10 years ago

  Another HIPC?!!!
  Eiii hmmmm Mahama. I hope the communicators of this NDC government don't come out and insult you as usual.

  Another HIPC?!!!
  Eiii hmmmm Mahama. I hope the communicators of this NDC government don't come out and insult you as usual.

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• KWAA 10 years ago

  How can Government reduce our debt,when they keep on borrowing?I am sure next year,which is an election year,Government will spend recklessly just to win the election.Coupled with corruption,I don't see how government is goin ...
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  How can Government reduce our debt,when they keep on borrowing?I am sure next year,which is an election year,Government will spend recklessly just to win the election.Coupled with corruption,I don't see how government is going to reduce our debt in the near future,at least not with this Government,who's only aim is to undertake projects,they think can win them elections,but not priority projects.Otherwise we wouldn't have been experiencing "dumso" till now.

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• Festus Adei 10 years ago

  Well done Dr Obeng.But what is your solution to this problem of Ghana for which you were trained? Somebody took upon himself almost single -handed to transform GIMPA between 2000 and 2008.As a result you have a job. PhD degre ...
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  Well done Dr Obeng.But what is your solution to this problem of Ghana for which you were trained? Somebody took upon himself almost single -handed to transform GIMPA between 2000 and 2008.As a result you have a job. PhD degree is useless if it can't make any constructive impact in the society in which it finds itself.

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• GBEWAA 10 years ago

  LOOK AT THEIR FACES!
  
  LIKE JEKYLL AND HYDE!
  
  CLUELESS CLOWNS WITH USELESS BOOK KNOWLEDGE.

  LOOK AT THEIR FACES!
  
  LIKE JEKYLL AND HYDE!
  
  CLUELESS CLOWNS WITH USELESS BOOK KNOWLEDGE.

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• Wisdom 10 years ago

  mahama n his greedy bastards shd pay heed to it.is not Bawumia who predicts again.

  mahama n his greedy bastards shd pay heed to it.is not Bawumia who predicts again.

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• Paa Joe 10 years ago

  WHERE WERE ALL THESE NOISY ECONOMIC EXPERTS AND WHY DID THEY FAIL TO KNOW THE ECONOMIC CHALLENGES AND DIFFICULTIES GHANA WILL FACE.
  
  IT HAS ALL COME ABOUT BECAUSE, THE ECONOMY HAS ONLY BEEN GEARED TOWARDS BUYING AND SELLING ...
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  WHERE WERE ALL THESE NOISY ECONOMIC EXPERTS AND WHY DID THEY FAIL TO KNOW THE ECONOMIC CHALLENGES AND DIFFICULTIES GHANA WILL FACE.
  
  IT HAS ALL COME ABOUT BECAUSE, THE ECONOMY HAS ONLY BEEN GEARED TOWARDS BUYING AND SELLING AND NOT ON SCIENTIFIC INNOVATION AND CREATIVITY IN MANUFACTURING AND PROCESSING TO PROPEL GROWTH IN THE COUNTRY.
  
  WHEN A COUNTRY RELIES ONLY ON ITS ILLITERATE HARDWORKING COCOA FARMERS AND UNSKILLED MINE WORKERS TO EARN ITS FOREIGN HARD CURRENCY TO SERVICE NATIONAL BUDGETS,WAGES, SALARIES,IMPORTATION OF ALL ITS FOOD ITEMS AND EXPENSIVE LUXURY CARS AND JEEPS,THE OUTCOME IT IS COMPELLED TO BORROW AND TO KEEP THE NATION ON ITS FEET.
  
  
  DO WE REALLY HAVE ''ECONOMISTS'' IN THE COUNTRY.
  
  SORRY, THIS FOLK IS NOT AN ECONOMIST.

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• Paa Joe 10 years ago

  DO WE REALLY HAVE ECONOMISTS, ACCOUNTANTS AND FINANCIAL EXPERTS IN THE COUNTRY.
  
  IT IS STILL A PITY FOR THE NATION TO CONTINUE TO EDUCATE AND TO TRAIN THESE KINDS OF '''PROFESSIONALS'' AND FOR THEM TO MANIPULTE AND DUPE THE ...
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  DO WE REALLY HAVE ECONOMISTS, ACCOUNTANTS AND FINANCIAL EXPERTS IN THE COUNTRY.
  
  IT IS STILL A PITY FOR THE NATION TO CONTINUE TO EDUCATE AND TO TRAIN THESE KINDS OF '''PROFESSIONALS'' AND FOR THEM TO MANIPULTE AND DUPE THE NATION.
  
  ECONOMISTS ARE PEOPLE WHO ARE THE BRAIN BEHIND THE SUCCESS OF DYNAMIC INDUSTRIES, PRODUCTION, PROCESSING AND MAKERTING OF GOODS TO ACCELERATE ECONOMIC GROWTH.

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• DUKE 10 years ago

  Twenty Richest People In Ghana For 2013
  
  1. Ibrahim Mahama -$1.9 billion /Businessman , Brother of the current President of Ghana. Only Ghanaian to own a private jet.
  
  2. Alfred Mahama -$1.3 billion./ Businessman, brother ...
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  Twenty Richest People In Ghana For 2013
  
  1. Ibrahim Mahama -$1.9 billion /Businessman , Brother of the current President of Ghana. Only Ghanaian to own a private jet.
  
  2. Alfred Mahama -$1.3 billion./ Businessman, brother of the current President of Ghana.
  3. Roland Agambire – $1.1billion/ RLG (eBay type of business) (Business man )
  4. Joseph Agyepong – $1.05billion/Businessman (Zoomlion waste management company and other businesses)….. title=”Company banned by World Bank in Liberia” target=”_blank”>
  5. John Mahama – $900 million/President of the Republic of Ghana, Politician.
  6. Alhaji Azuma Banda – $724 million./Businessman, owner of antrak air.
  7. Ato Ahwoi – $684 million/ Politician, Businessman.
  8. Dr. Sam Jonah – $430 Million/Businessman (Executive Director of Jonah Capital, Equity in Johannesberg, south Africa)
  9. Haruna Iddrisu – $300million/Politician, Minister of Trade.
  10. Alex Mould – $282 million/GMPC
  11. Dr. Kwame Addo Kufuor – $250million./ Physician, Politician.
  12. Tsatsu Tsikata – $245million/Lawyer, Businessman and Politician
  13. Elvis Afriyie Ankrah -$112 million./ Minister of Youth and Sports, Politician.
  14. Dr. Kwesi Nduom – $110 million./ Businessman and Politician.
  15. Ken Agyapong – $104 million/Politician/Businessman
  16. Prince Kofi Amoabeng – $98million/ CEO, UT Bank…… title=”He has an ongoing fraud case gaianst him” target=”_blank”>
  17. Asiedu Nketiah – $89million/Politician, Secretary of the ruling NDC Party.
  18. Alfred Woyome – $75million/Politically connected Businessman.
  19. Tony Lithur – 30million/ Lawyer
  20. Baba Kamara – $ 11million/ Politician (Commissioner to Nigeria)
  
  Source: Forbes Ghana

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• KWEKU 10 years ago

  Yes, this is the situation we find ourselves in and I believe all the politicians are aware. We are tied of politicians blaming previous governments' on the economic woes of the country. All of us are aware and should not com ...
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  Yes, this is the situation we find ourselves in and I believe all the politicians are aware. We are tied of politicians blaming previous governments' on the economic woes of the country. All of us are aware and should not come to power and start blaming previous governments. Because, once you decide to come to power you are coming to avert the situation and not coming to blame people as class one pupils do. If you are coming into politics you are supposed to be mature and accept responsibility of solving problems. The way thing are going I have concluded that no politician can ever make Ghana better why don't we ignore them.

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