Ghana is not on debt meltdown like Greece – WB Economist

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• Red Rum 10 years ago

  Isn't that a contradiction in terms ? Even if it is the case that it's not in meltdown, the nation cannot afford it and it's all thanks to NDC. We are still in debt for short - long term and it is very high at an unsustainabl ...
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  Isn't that a contradiction in terms ? Even if it is the case that it's not in meltdown, the nation cannot afford it and it's all thanks to NDC. We are still in debt for short - long term and it is very high at an unsustainable level which is impacting everything. Rephrasing it another way is not going to do much but put us into more debt at the mercy of WB and IMF.
  We fought and worked hard to get out of this situation between k4 and Mills but alas! So what do we do now? Become like Greece and Zimbabwe? Of course not.
  Everyone's hurting and businesses are struggling.

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• OSEI 10 years ago

  PLEASE DON'T SUGAR COAT IT

  PLEASE DON'T SUGAR COAT IT

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• boom 10 years ago

  masa forgt mahama is a dead goat he cant hear u

  masa forgt mahama is a dead goat he cant hear u

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• Obenfo 10 years ago

  What is this man talking about? If a Non-Industrialized Country's Debt to GDP is 67.1%, and 30% of her GDP is tied to Interest payment on Debt Amortization, do you consider it normal. When would these people start telling th ...
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  What is this man talking about? If a Non-Industrialized Country's Debt to GDP is 67.1%, and 30% of her GDP is tied to Interest payment on Debt Amortization, do you consider it normal. When would these people start telling the truth?
  
  Let Ghana beware! These IMF and WB officials are gradually taking over the Country with their draconian loans - you will end-up giving away every dime Ghana earns from Cocoa, Oil and Gold exports, as interest payments.

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• p djamgbe 10 years ago

  What the hell is the guy talking about when he said Ghana is not in financial meltdown like Greece? Ghana doing very well economically is like Greece or any European country for that matter in crisis

  What the hell is the guy talking about when he said Ghana is not in financial meltdown like Greece? Ghana doing very well economically is like Greece or any European country for that matter in crisis

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• RT 10 years ago

  Contraction of the economy with no growth will not get the country out of its situation. The country has poor credit rating and cannot leverage debts to better its predicament. Worse still the conditional loans make it imposs ...
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  Contraction of the economy with no growth will not get the country out of its situation. The country has poor credit rating and cannot leverage debts to better its predicament. Worse still the conditional loans make it impossible for the economy to expand.

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• Z H 10 years ago

  everybody still uses the figure 67% for debt to GDP ratio, since January 2015. Is this propaganda or what

  everybody still uses the figure 67% for debt to GDP ratio, since January 2015. Is this propaganda or what

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