High debt holding Ghana back - Moody’s

Read Article

Comments (23)

This article is closed for comments.

Read Comments Comments (23)

LAST DON 10 years ago

Why has Nana Addo and Bawumia scared all investors away as if there will be mayhem in our dear country when all indicators were good for our economic growth? Which investor will go ahead to invest in a country where they perc ...
read full comment

Why has Nana Addo and Bawumia scared all investors away as if there will be mayhem in our dear country when all indicators were good for our economic growth? Which investor will go ahead to invest in a country where they perceived there will be war or turbulent? Which investors in their right sense of mind will invest in Afghanistan, Syria or Iraq with the view of making profit at the current circumstances in these countries?
Today Nana Addo and Bawumia are here telling Ghanaians that the economy is fragile and people are suffering together with their false prophets whose stomach are their benchmark and will not stop at anything than to cause much agitation in the country when in actual fact they are the cause of all these turbulence. (Professors: Martey, Adei, Prempeh and Dr Mensa Otabil, Bishop Ayensu and Bosomtwi) You claim to be learned people but are you really discernible? Search within you and do the right things by right processes. That’s piece for you.

We are where we are now because of the ill behaviour of Nana Addo and his friends who have pledged “all die be die” and will careless about anything good for the people of the country until he is made president. We have enjoyed tremendous peace and freedom, steady economic growth, unprecedented single inflation digit for a very long period until Nana Addo lost an election, then markets started burning, workers are being influenced to strike on a least agitation not because they have not been paid but because of austerity measures which has hit every country every where.
Kwame 10 years ago

Mahama, You better resign and save Ghana from further embarrassment!

Mahama, You better resign and save Ghana from further embarrassment!
PRINCE KWASI ADADE (OFIE P33) 10 years ago

AUTHOR: KOFI --------
THIS WICKED AND THIEVING NDC GOVT EVEN BUDGETED FOR JUDGEMENT DEBTS PAYMENTS WHEN THEY CAME TO POWER...GHANAIANS SAW THIER THIEVERY AND BAD IDEAS ABOUT GHANA SO THEY QUICKLY REMOVED IT FROM SUBSEQUENT B ...
read full comment

AUTHOR: KOFI --------
THIS WICKED AND THIEVING NDC GOVT EVEN BUDGETED FOR JUDGEMENT DEBTS PAYMENTS WHEN THEY CAME TO POWER...GHANAIANS SAW THIER THIEVERY AND BAD IDEAS ABOUT GHANA SO THEY QUICKLY REMOVED IT FROM SUBSEQUENT BUDGETS....THEY ARE ALL THIEVES WHO HAVE ENDED UP WORSENING POVERTY IN GHANA BUT WORSE IN VOLTA AND CENTRAL AND NORTHERN REGIONS WHICH ARE THE POOREST IN GHANA......ide biiii kekekekeee
TROKOSI DAUGHTER FUCKERS 10 years ago

The stupid daughter fuckers always mess our economy up anytime they assume power.

Rawlings plunged the country into hipc status and now this atopahene from Bole is doing the same.

When a country is being ruled by animal ...
read full comment

The stupid daughter fuckers always mess our economy up anytime they assume power.

Rawlings plunged the country into hipc status and now this atopahene from Bole is doing the same.

When a country is being ruled by animals who sleep with their own daughters, this is the end result.
Pelicles 10 years ago

Did you hear Mahama saying that he will borrow through the roof and what are the implications to that? The fact that you have a credit card does not mean you should charge it without thinking twice.

Under this current gov ...
read full comment

Did you hear Mahama saying that he will borrow through the roof and what are the implications to that? The fact that you have a credit card does not mean you should charge it without thinking twice.

Under this current government, there is no power to run businesses and you expect investors to come and use lanterns to do business? Where do you live anyway?
agbesi francis 10 years ago

Atta Mills is avenging his own death at the hands of John Mahama! You cannot become a president through murder! Mahama must not only resign but also atone for his crimes against Atta Mills! Otherwise more calamities will befa ...
read full comment

Atta Mills is avenging his own death at the hands of John Mahama! You cannot become a president through murder! Mahama must not only resign but also atone for his crimes against Atta Mills! Otherwise more calamities will befall Ghana!
jj 10 years ago

these bunch o rouges should not put the future generations i8nto a huge mess and go free, all the ministers and officials of the govt should be arrested for putting ghana in such a mess

these bunch o rouges should not put the future generations i8nto a huge mess and go free, all the ministers and officials of the govt should be arrested for putting ghana in such a mess
Hana 10 years ago

Fools calling themselves will say this is NPP too. How do you expect when everybody in Government is useless, parliament nothing to write about, and the DC are Tweeeas and all being led by the self prophesied DUMSOR, dead goa ...
read full comment

Fools calling themselves will say this is NPP too. How do you expect when everybody in Government is useless, parliament nothing to write about, and the DC are Tweeeas and all being led by the self prophesied DUMSOR, dead goat? NDC fools vote for them again and tyou will see more combinations : fire in the midst of flooding, darkness and thunder will be added. Nkwasiafuor paa. More days of mourning will be declared.
agbesi francis 10 years ago

In the end it is all money for old rope The looting brigade of politicians family and friends continue

Twenty Richest People In Ghana For 2013

1. Ibrahim Mahama -$1.9 billion /Businessman , Brother of the current Presid ...
read full comment

In the end it is all money for old rope The looting brigade of politicians family and friends continue

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)…Company banned by World Bank in Liberia”
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 He has an ongoing fraud case against him”
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 Magazine
kotoua Sel?ra 10 years ago

If a country borrows more than her resources these are some of the problems she faces.Ghana pays interest rates alone 54.8 %t in 2013 and 68% of our GDP in 2014 respectively.It means all the money for Ghana is gone on payin ...
read full comment

If a country borrows more than her resources these are some of the problems she faces.Ghana pays interest rates alone 54.8 %t in 2013 and 68% of our GDP in 2014 respectively.It means all the money for Ghana is gone on paying debt.What has the country borrowed the money for? If the money is borrowed for projects how comes we do not even have lights in the country.The pipes in the whole Ghana do not run as good drinking water for the public.These are basic life amenities and the government has failed Ghanaians on these basic stuff.May the government should come up and make sure the water and sewerage corporation of Ghana do their work properly by providing good drinking water for her public.It is so shameful that a country like Ghana do not have running water in our homes.

Emmanuel 10 years ago

NDC government is sick in the head. How can you borrow more than your resources? Mahama is not a serious president. He is just there stealing our money. God have mercy on us.

NDC government is sick in the head. How can you borrow more than your resources? Mahama is not a serious president. He is just there stealing our money. God have mercy on us.
Alovor 10 years ago

CLAP for Mahama and his group of clowns who have taken Ghana to tatters. When a group of people who CANNOT manage their own homes are given the responsibility of managing a nation, the results cannot never be good. We all kno ...
read full comment

CLAP for Mahama and his group of clowns who have taken Ghana to tatters. When a group of people who CANNOT manage their own homes are given the responsibility of managing a nation, the results cannot never be good. We all know these people, and how irresponsible they are, yet Ghanaians who claim to love their country, wants to see real development for their country, continue to make such huge mistakes in voting for these people. Until we change our 'i don't care' attitude, we will all suffer. Both the educated and uneducated, rich or poor, Ashanti or Ewe. We are in the soup together. GHANAIANS SHOULD LEARN TO LOVE GHANA!
long as both the country and economy 10 years ago

Not managed. Yes, I am talking about the complacency of government officials which blinds them from seeing the real problems facing the country and finding workable solutions. You assess the case of the major of Accra and his ...
read full comment

Not managed. Yes, I am talking about the complacency of government officials which blinds them from seeing the real problems facing the country and finding workable solutions. You assess the case of the major of Accra and his dabbling in accolades at a time when the city is sinking under the weight of filth...best mayor for one of the dirtiest cities in the world...how does that sound! Also, uncontrolled government borrowing, proceeds of which disappears into thin air without accountability can never support development in this country. We are doomed for ever till attitudes change and corruption is totally eliminated from the public sector.
Repent 10 years ago

Can the GETFUND explain to Ghanaian why they have just one CONSULTANT for the whole of Northern Ghana and basically one contractor? Is it a case of CRAETE, LOOT and SHARE. ANTI CORRUPTION AGENCIES Please look into this.A lot ...
read full comment

Can the GETFUND explain to Ghanaian why they have just one CONSULTANT for the whole of Northern Ghana and basically one contractor? Is it a case of CRAETE, LOOT and SHARE. ANTI CORRUPTION AGENCIES Please look into this.A lot of root here!!!
Serious 10 years ago

THIS IS HOW N.D.C UNDER DEADGOAT MAHAMA HAS LANDED GHANA INTO. OOOH GHANA WEEP,WEEP,WEEP.OOOH I'M IN TEARS.OOOH GHANA .

THIS IS HOW N.D.C UNDER DEADGOAT MAHAMA HAS LANDED GHANA INTO. OOOH GHANA WEEP,WEEP,WEEP.OOOH I'M IN TEARS.OOOH GHANA .
nii k 10 years ago

Shame chop chop is killing Ghana. I cannot fathom what is happening to mother Ghana.Our situation is getting worse
And nothing is being done.Ghanaians are now boat people struggling in the med to reach Europe.One is now asha ...
read full comment

Shame chop chop is killing Ghana. I cannot fathom what is happening to mother Ghana.Our situation is getting worse
And nothing is being done.Ghanaians are now boat people struggling in the med to reach Europe.One is now ashamed to brag for our motherland.Rise up or you are all doomed.
NDC fool 10 years ago

Its only NDC fools who called Mahama a president. He is just a murder

Its only NDC fools who called Mahama a president. He is just a murder
Kpega 10 years ago

Just take a look at the picture well. They appear like they are poorly acting OBRA or ASOFO DADZIE at their age. Jokers. Very funny indeed, mahama acting the president and Tekper the sending boy. Lol

Just take a look at the picture well. They appear like they are poorly acting OBRA or ASOFO DADZIE at their age. Jokers. Very funny indeed, mahama acting the president and Tekper the sending boy. Lol
Georgina 10 years ago

I read the article but I did not take note of the picture. This is the most funny and comic picture of the year, I have printed for my album and posterity. Is Tekper's hands at his back or not? Funny indeed, I cant stop laugh ...
read full comment

I read the article but I did not take note of the picture. This is the most funny and comic picture of the year, I have printed for my album and posterity. Is Tekper's hands at his back or not? Funny indeed, I cant stop laughing.
JATO KWASHIVI RAWLINGS 10 years ago

JOHN MAHAMA IS ONLY A DECORATION IN THE PRESIDENCY. THE MAN HAS NO CLUE HOW TO RUN A NATION. HE THINKS BEING PRESIDENT IS BEING SEEN TO USE AND ENJOY THE TRAPPINGS OF POWER. HE HAS NO VISION. ASK HIM WHERE HE WANTS TO SEE GHA ...
read full comment

JOHN MAHAMA IS ONLY A DECORATION IN THE PRESIDENCY. THE MAN HAS NO CLUE HOW TO RUN A NATION. HE THINKS BEING PRESIDENT IS BEING SEEN TO USE AND ENJOY THE TRAPPINGS OF POWER. HE HAS NO VISION. ASK HIM WHERE HE WANTS TO SEE GHANA IN 20 YEARS AND HE HAS NO THOUGHTS OF THIS KIND ABOUT GHANA, EVEN FOR THE NEXT TWO WEEKS. HE IS LURCHING FROM CRISIS TO CRISIS, WHICH ARE BUFFETING HIM LIKE A SHIP BEING TOSSED BY STRONG WINDS AND STORMS ON THE SEA. THE MAN DOES NOT KNOW WHAT IS HAPPENING IN HIS OWN OFFICE, LET ALONE WHAT HIS MINISTERS AND APPOINTEES ARE UP TO, HENCE THE INCOMPETENCE AND NEGATIVE RESULTS IN EVERYTHING THE HAPLESS NDC GOVERNMENT LAYS ITS HANDS ON. VOTE THESE NDC ROBBERS OUT IN 2016, ELSE GHANA IS DOOMED.

Hard Listerners 10 years ago

Yen tie obia syndrome has caused this mess. mr " fix it" let's see how you solve your own problem before 2016.

Yen tie obia syndrome has caused this mess. mr " fix it" let's see how you solve your own problem before 2016.
Hard Listerners 10 years ago

By the way the debt stock by end of march was over 88 billion cedis not to talk of end of 2nd quarter 2015. the over 88 billion cedis represented more than 78% of GDP of 112 billion cedis. these were figures put out by BOG ...
read full comment

By the way the debt stock by end of march was over 88 billion cedis not to talk of end of 2nd quarter 2015. the over 88 billion cedis represented more than 78% of GDP of 112 billion cedis. these were figures put out by BOG so no disputes about them. they have not these facts also.
agya 10 years ago

few more years with these crooks,
Ghana will cease to exist. Get them out of office ASAP

few more years with these crooks,
Ghana will cease to exist. Get them out of office ASAP

23 Comments

Welcome,

SIGN IN

Welcome,

RESET PASSWORD

Hello,

Terms and conditions

REGISTER

High debt holding Ghana back - Moody’s

Read Comments .st0{display:none;fill:#14BDD3;} .st1{display:none;} .st2{display:inline;fill:#FC0F0F;} .st3{display:inline;fill:#FFFFFF;} .st4{display:inline;fill:none;stroke:#000000;stroke-width:6;stroke-miterlimit:10;} Comments (23)

Read Comments Comments (23)