Ghana on course to secure fresh IMF aid under deal

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Saint Ghfuo: Nyantakyi must go! 10 years ago

Read the story of the wolf in the attic

Read the story of the wolf in the attic
Hanson 10 years ago

IMF PLEASE GIVE US ELECTRICITY

IMF PLEASE GIVE US ELECTRICITY
PRINCE KWASI ADADE (OFIE P33) 10 years ago

AUTHOR: MR. FIGURE-OUT----------------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Mou ...
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AUTHOR: MR. FIGURE-OUT----------------
It is only in Ghana would such a dishonorably idiot be on the government pay roll. Professor Mill should be solely blamed for imposing those criminals on us. After Mills found Betty Moulds guilty of judgement debt payments the only thing he could do was to move her to the Education dept to continue her looting. Readers would recall that Betty Mounds was the one who awarded SCHOOL building contracts at a triple price of the existing contract sum of some GH 80,000.00. And this happened at a time when they claim inflation was in the single digits. Could you imargin how foolish these criminal liars were. Kuffour built similar structures with 80,000 at a time when inflation was around 14.8% and under Mills it was 240,000 at a rate of 8.8%. And these buffoons turn around to blame the fall of the cedi on some mysterious dwarfs. I don't blame those African countries that have been ripped apart by civil unrest because if you have such buffoons in power who always turn our local elections into a West Africa one
by contracting Togolese Trokosis, Burkinabe and Wangaras from La Cote D'ivoire to vote for them, the " Road To Kigare", is sometimes, a likely option to kick their ass from power.
facts 10 years ago

EEEiiih, Seth Terkpeh!Are you still looking for loans? Untill when would you learn your lessons? Woe, Woe, Woe is Ghana. So you are detyermined to sink this country into the abiss!

EEEiiih, Seth Terkpeh!Are you still looking for loans? Untill when would you learn your lessons? Woe, Woe, Woe is Ghana. So you are detyermined to sink this country into the abiss!
Brian Williams 10 years ago

IMF cannot and will not develop your country for you. Your shameless leaders need to stop stealing and emulate Dr. Kwame Nkrumah.

IMF cannot and will not develop your country for you. Your shameless leaders need to stop stealing and emulate Dr. Kwame Nkrumah.
Chief amankwa 10 years ago

Begger mentality not different from begger on the street ..the country is begger nation ..the president came to make money for himself ..simply

Begger mentality not different from begger on the street ..the country is begger nation ..the president came to make money for himself ..simply
Ben Brako 10 years ago

Ghanaian s as people are beggars. Ghana Government is a begging Government. You can not beg to develop a Nation. That is what Ghanaian and the government do not understand.

Ghanaian s as people are beggars. Ghana Government is a begging Government. You can not beg to develop a Nation. That is what Ghanaian and the government do not understand.
Concerned 10 years ago

This is just about the release of the original funds. No new funds but the phasing of the allocation. The only good news will be news about internally generated funds. Government should focus on investments which generate cas ...
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This is just about the release of the original funds. No new funds but the phasing of the allocation. The only good news will be news about internally generated funds. Government should focus on investments which generate cash flow to the country like cocoa and Industry.
That will be the only solution to our problems. Any new loans just makes our situation worse. Greece was in exactly the same situation as us when they were given loans which today they can't pay. The IMF is asking them to cut expenditure on vital services like pension, health and social infrastructure in order to pay for the loan. In three years time they will be coming back for their money and we have to take money for vital services to pay for it. Dumsor will worsen, education budget, police, nhis and all our vital services would suffer.
Mahama is appointing the likes of Kobby acheampong, anita desoso and co to key institutions to dig us out. What a donkey.
TK 10 years ago

GREAT!

GREAT!
Concerned 10 years ago

I am sure you don't understand what is going on. The money was not invested in any cash generation project so how will we pay for it. At a time when our loan repayments was low and we had high revenue from oil, cocoa, mineral ...
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I am sure you don't understand what is going on. The money was not invested in any cash generation project so how will we pay for it. At a time when our loan repayments was low and we had high revenue from oil, cocoa, minerals and tax revenue, this government couldn't cope. They also took huge loans which now they have to repay. How do you think we will manage. Cocoa farmers are complaining about lack of input materials, their yields are down as a result. Industry is suffering because of dumsor and diminishing purchasing power of Ghanaians, the trend for government revenue is going down without any visible projects being put in place to address the decline. The forecast is bleak so how can things be great. Please explain it to us.

ADAMU 10 years ago

SIMPLY RETRIEVE OUR STOLEN MONIES FROM NDC JUST NOW AND GHANA WILL BE FREE FROM IMF.....LOTS OF NDC LEADERS ARE THIEVES WHO LIVE ON TRIBALISM AND ILLITERACY BY EXPLOITING THE IGNORANT MASSES SUPPORTING NDC IN PLACES LIKE SODO ...
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SIMPLY RETRIEVE OUR STOLEN MONIES FROM NDC JUST NOW AND GHANA WILL BE FREE FROM IMF.....LOTS OF NDC LEADERS ARE THIEVES WHO LIVE ON TRIBALISM AND ILLITERACY BY EXPLOITING THE IGNORANT MASSES SUPPORTING NDC IN PLACES LIKE SODOM AND GOMORRAH ETC....YET NDC IS SERIOUSLY IMPOVERISHING THEM BY THEIR LOOTING AND LOOTING AND LOOTING
ADAMU 10 years ago

DEFINITELY NDC DIDNT COME TO RULE BUT TO STEAL AND SO THEY ARE EXPLOITING IGNORANT MASSES OF THEIR VOTERS TO CONTINUE STEALING TO IMPOVERISH THE NORTH AND VOLTA EVEN MORE

DEFINITELY NDC DIDNT COME TO RULE BUT TO STEAL AND SO THEY ARE EXPLOITING IGNORANT MASSES OF THEIR VOTERS TO CONTINUE STEALING TO IMPOVERISH THE NORTH AND VOLTA EVEN MORE
SAMO JEWELERY/FACEBOOK 10 years ago

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If u need yellow n white gold rings for your wedding n engagement...then call or whatsapp us on 0244717600 for latest pictures to choose from.....we have offices in HO,KUMASI, KASOA AND ACCRA SPINTEX ROAD.....u can contact us on facebook/samojewellery or samojewellery.blog.for more pictures of our already made product s....link up for yr customise n neat gold rings...
Paapidi 10 years ago

A whole country with enormous God-given natural and human resources salivating over $115 million loan riddled with conditionalities? What a shame!

A whole country with enormous God-given natural and human resources salivating over $115 million loan riddled with conditionalities? What a shame!
Joe 10 years ago

Paapidi you're 100% right!!

Paapidi you're 100% right!!
Eshun 10 years ago

Give us Electricity please

Give us Electricity please
Nii Lartey Nartey. 10 years ago

I bet if we helplessly look on doing nothing, we will wake up one day as people to find ourselves as slaves in our own country as the incompetent Mahama led government will do anything for power out of political ignorant to h ...
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I bet if we helplessly look on doing nothing, we will wake up one day as people to find ourselves as slaves in our own country as the incompetent Mahama led government will do anything for power out of political ignorant to handover our dear country for free to foreign gold diggers that is if we are not even enslaved already.

Ghana leadership has no clear cut political agenda for social economic transformation, no any strategic economic direction, no vision, no national priority, no managerial skills for innovation, creativity for any effective decisions for our own survival under such bigotry government than to go hand over our sovereignty to the foreign corporate criminals led by the IMF.

My question to our leaders today is, they should show by evidence any country around the whole entire world that has succeed with bailout money and make their people benefited to be happy with IMF borrowed money?

I remember Gen. Acheampong's self reliance policy with operation feed yourself. Why do we have to kill him anyway seeing what we have at hand today? what was the essence of the senseless killings?

I cry not for myself but for my children and the next generation.
Nii 10 years ago

So Anyemi your solution is just to cry?

So Anyemi your solution is just to cry?
meelon 10 years ago

But mind u,if the Europeans COULDNT help their own backyard Whites-GREEK neighbours, THEN this TIME around GHANA MUST NOT EXPECT ANY BETTER THING into their silly HIPC-CALABASH. WITH ALL THE ENDLESS BORROWING & RECKLESS SPEN ...
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But mind u,if the Europeans COULDNT help their own backyard Whites-GREEK neighbours, THEN this TIME around GHANA MUST NOT EXPECT ANY BETTER THING into their silly HIPC-CALABASH. WITH ALL THE ENDLESS BORROWING & RECKLESS SPENDING YET NOTHING seems to work for this MAHAMA,Like CAIN of the BIBLE, Has he really a hand in spilling the BLOOD OF Prof.MILLS? so why is GHANA RETROGRESSING at this fast rate?
Nii 10 years ago

Shallow thinking

Shallow thinking

Ghanaian 10 years ago

The IMF know too well that they should have waited until after the elections before releasing the funds. They are intentionally making sure that our country never gets out of the rot brought about by the corruption and inexp ...
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The IMF know too well that they should have waited until after the elections before releasing the funds. They are intentionally making sure that our country never gets out of the rot brought about by the corruption and inexperience of the current leaders.
successfullman 10 years ago

Make extra income online by just investing $18. Call or whatsapp Ben on 0266434975 for more details

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ogyam 10 years ago

Borrowing ,borrowing and sharing among yourselves for future ghanaians to pay. IDIOTS.

Borrowing ,borrowing and sharing among yourselves for future ghanaians to pay. IDIOTS.
most Ghanaians are corrupt 10 years ago

Why borrow all these money when you have oil. Mind boggling bad management. Forever in debt. Crazy

Why borrow all these money when you have oil. Mind boggling bad management. Forever in debt. Crazy
BOY KOFI 10 years ago

Since 2012 when Mahama took over from Prof.Mills,our economy has been in crisis until today.Mahama fired Dr Duffour and replaced him with Tekper at a point where Ghana was one of the fastest growing economy in the world looki ...
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Since 2012 when Mahama took over from Prof.Mills,our economy has been in crisis until today.Mahama fired Dr Duffour and replaced him with Tekper at a point where Ghana was one of the fastest growing economy in the world looking at our growth,GDP 13%,Inflation Rate was also down to 9.6%,the Cedi was stable and debt ratio was reasonable.Today,GDP is 4%,Inflation rate is 18%,Cedi and balance of payment are all in shambles so what is his business being at post as Finance Minister?How do you explain that?Thank you.
Concerned 10 years ago

Decisions made in the duffuor era are the things affecting us now. The huge deficit in 2012, woyome, akunfem, gyeada etc were all things which happened under duffuor. The low inflation, high growth, the unprecedented cocoa re ...
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Decisions made in the duffuor era are the things affecting us now. The huge deficit in 2012, woyome, akunfem, gyeada etc were all things which happened under duffuor. The low inflation, high growth, the unprecedented cocoa revenue, were all also as a result of previous policies during the kuffour regime. Policies to revamp the cocoa was initiated by the agricultural ministry, oil by energy ministry, roads and other infrastructure were initiated by other ministries other than the finance. What the kuffour finance minister did was safeguard what ever revenue was being produced by the other ministries and coordinating all the activities to ensure value for money and cash flow management.
Terpker is cutting down on the wastage but we need the other ministers to raise their game for the economy to move forward. The impact of whatever Terpker is doing now would be felt later but unfortunately with the performance of his other ministerial colleagues, his legacy could be reduced to damage limitation. I don't expect things to get much better but I expect things to be much worse under someone like duffuor
BOY KOFI 10 years ago

I believe in results not jargons.What you should know is that Terkper inherited a robust economy with positive indications all over.He is solely responsible for this miserable state of the economy we find ourselves today.I wo ...
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I believe in results not jargons.What you should know is that Terkper inherited a robust economy with positive indications all over.He is solely responsible for this miserable state of the economy we find ourselves today.I would have praised him if the economy is healthy but for now he is a complete failure in my books;no matter what you say.Thank you.
abena-kwabena 10 years ago

Ghana is indeed sinking right before our eyes. Until the people start speaking with one voice against corruption and mismanagement, Ghana will continue to sink.

Ghana is indeed sinking right before our eyes. Until the people start speaking with one voice against corruption and mismanagement, Ghana will continue to sink.
Kwesi Baidoo 10 years ago

Bad managers,Bad managers Ghanaians will continue to suffer because we have bad managers managing our affairs.

Bad managers,Bad managers Ghanaians will continue to suffer because we have bad managers managing our affairs.
Yaovi 10 years ago

Sad day for Ghana if all we need to shore up our economy is JUST $140 million

Sad day for Ghana if all we need to shore up our economy is JUST $140 million

Kanawu 10 years ago

Aids what aids? Aids with attachments and conditions? Ghanaians who haven't lived abroad including Mahama, Terkpe, and most of NDC ministers will never understand the West World. In West there is nothing like free lunch. Its ...
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Aids what aids? Aids with attachments and conditions? Ghanaians who haven't lived abroad including Mahama, Terkpe, and most of NDC ministers will never understand the West World. In West there is nothing like free lunch. Its about time we stop these NDC people "selling Ghana in future if we can't pay the loans"
Concerned 10 years ago

When the time for repayment comes, they would be asking us to sell our assets like water resources to them on the cheap. In the west, a litre of bottled water cost more than a litre of oil. They give us loans we can't pay i ...
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When the time for repayment comes, they would be asking us to sell our assets like water resources to them on the cheap. In the west, a litre of bottled water cost more than a litre of oil. They give us loans we can't pay in order to give them the leverage to exploit us just as in the past because of the abundance of gold, they created the conditions for them to exchange our gold for mirrors and whisky.
Blow 10 years ago

So the president and his Finance minister are not shame of themselves

So the president and his Finance minister are not shame of themselves
Sam 10 years ago

I'm sorry for u politicians. your time is near.

I'm sorry for u politicians. your time is near.
kk 10 years ago

if u think this a good news look at Greek IMF cant help Ghana all this money has to be paid back

if u think this a good news look at Greek IMF cant help Ghana all this money has to be paid back
SON OF MAN 10 years ago

Ghana has made progress with specific benchmarks,(fuel prices and other tariffs.)
SETH, YOU ARE IN OFFICE TO MANAGE THE FINANCE OF GHANA AND NOT TO MAKE GHANA A SLAVE TO IMF CONDITIONALITIES.
THAT IS A CLEAR SIGN OF A FAIL ...
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Ghana has made progress with specific benchmarks,(fuel prices and other tariffs.)
SETH, YOU ARE IN OFFICE TO MANAGE THE FINANCE OF GHANA AND NOT TO MAKE GHANA A SLAVE TO IMF CONDITIONALITIES.
THAT IS A CLEAR SIGN OF A FAILED GOVERNMENT YET YOU GAYS ALWAYS GET VERY EXCITED RECEIVING FROM IMF.
WASTED YEARS.
YOUR DAYS ARE NUMBERED.
VOICE OF REASON 10 years ago

And that is why I call Mahama a buffoon president.No sensible president who knows how economies are run and has love for country will be so irresponsible and reckless and selfish as this useless Mahama did

And that is why I call Mahama a buffoon president.No sensible president who knows how economies are run and has love for country will be so irresponsible and reckless and selfish as this useless Mahama did
VOICE OF REASON 10 years ago

That singular act of depleting almost $5bn of the nation's reserves is what has collapsed the economy....even Bawumia and Nana Addo will have an uphill task putting the economy back to an even keel

That singular act of depleting almost $5bn of the nation's reserves is what has collapsed the economy....even Bawumia and Nana Addo will have an uphill task putting the economy back to an even keel
Farmer 10 years ago

Who are those people representing the IMF in Ghana? How can it be possible that they help the government to fabricate a success story where there is none?

Who are those people representing the IMF in Ghana? How can it be possible that they help the government to fabricate a success story where there is none?
sk 10 years ago

we have no shame..

we have no shame..
BABA AVOKA 10 years ago

l hope the government and good people of Mother Ghana are observing what is going on in Greece" with IMF Loans, Greece is almost on it knees and at the verge of leaving the Euro Zone for not been able to pay it loans back to ...
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l hope the government and good people of Mother Ghana are observing what is going on in Greece" with IMF Loans, Greece is almost on it knees and at the verge of leaving the Euro Zone for not been able to pay it loans back to IMF. So my question is will this loans go to the right place and will it be secured so as not to end up in some body's pocket
kwaku 10 years ago

IMFplease don't turn Ghana to become like the Greece with these prodigious leaders

IMFplease don't turn Ghana to become like the Greece with these prodigious leaders
me 10 years ago

going for a loan should be an embarrassment but we talk of it as if we just recorded a bounty revenue/profit

going for a loan should be an embarrassment but we talk of it as if we just recorded a bounty revenue/profit
Ben Brako 10 years ago

Ghanaian s as people are beggars. Ghana Government is a begging Government. You can not beg to develop a Nation. That is what Ghanaian and the government do not understand.

Ghanaian s as people are beggars. Ghana Government is a begging Government. You can not beg to develop a Nation. That is what Ghanaian and the government do not understand.
ga nyo bi. 10 years ago

AGAIN.

AGAIN.
Tony 10 years ago

Please IMF, help us with electricity and curb this Dumsor scenario blanketing this country into darkness.

Please IMF, help us with electricity and curb this Dumsor scenario blanketing this country into darkness.
Kwame Ghanaba 10 years ago

When the time comes, who ever signs for the loan, whoever has their signature on the papers, pays. Not the people of Ghana.

When the time comes, who ever signs for the loan, whoever has their signature on the papers, pays. Not the people of Ghana.

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Ghana on course to secure fresh IMF aid under deal

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