Public debt climbs to 71%of GDP

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Dominc sankour, uk 10 years ago

Who caused am? Incompetent and visionless, mouth touted mahama caused am.

$5.3billion spent in less than 4 months just to steal 2012 elections.

Serious eh. Aboboba. Tip of the iceberg.

Who caused am? Incompetent and visionless, mouth touted mahama caused am.

$5.3billion spent in less than 4 months just to steal 2012 elections.

Serious eh. Aboboba. Tip of the iceberg.
IVY 10 years ago

WE WANT TO SEE WHAT THESE MONEIS ARE USED FOR NOT WHAT IS OUR DEBT:

WE WANT TO SEE WHAT THESE MONEIS ARE USED FOR NOT WHAT IS OUR DEBT:
usere 10 years ago

stop telling us half news. debt can be good sometimes and be dangreious sometimes.
so tell us what did the govt use all these money to do. Bamm

stop telling us half news. debt can be good sometimes and be dangreious sometimes.
so tell us what did the govt use all these money to do. Bamm
read i 2 dye 10 years ago

the total cost of all projects under maama is 4 billion....so where is the rest what a shame maama is a disgrace to northerners...100

the total cost of all projects under maama is 4 billion....so where is the rest what a shame maama is a disgrace to northerners...100
karikari 10 years ago

Ghanaians pls replace this disgraceful govt with the NPP for 8 yrs and let us compare, pls Almighty God help thy children from the wickedness of this NDC govt, pls God. AMEN.

Ghanaians pls replace this disgraceful govt with the NPP for 8 yrs and let us compare, pls Almighty God help thy children from the wickedness of this NDC govt, pls God. AMEN.
PRINCE KWASI ADADE (OFIE P33) 10 years ago

Dear Sir/Madam,

Dr. Nyaho Nyaho-Tamakloe is the loudest bigot in Ghana – Please stop him!

Ghanaians and NPP members have by now become accustomed to hearing nonsense from Dr. Nyaho Tamakloe. If you are not familiar wi ...
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Dear Sir/Madam,

Dr. Nyaho Nyaho-Tamakloe is the loudest bigot in Ghana – Please stop him!

Ghanaians and NPP members have by now become accustomed to hearing nonsense from Dr. Nyaho Tamakloe. If you are not familiar with some of his baseless and frankly moronic comments, let me introduce you to a few of the headlines that have been associated with him opening his mouth. “Don’t blame Mahama for economic crises – Nyaho Tamakloe” Citifmonline.com, “I am untouchable in NPP – Nyaho Nyaho-Tamakloe” SpyGhana.com, “No one in NPP can gag me – Nyaho-Tamakloe” Joyfmonline.com, “Let’s be bold in tackling ethnic skewing in NPP – Nyaho-Tamakloe” Graphic online, and the list of headlines goes on and on…
As Dr. Nyaho Nyaho-Tamakloe embarks on his destructive crusade of the NPP, I’m yet to read a cogent and coherent response from anybody within the NPP leadership. The leadership by not facing him squarely and calling his bluff have lent a certain credence to this self-seeking man whose only claim to fame was his presence at the founding of NPP. It is about time that the party grew a pair and dealt with Nyaho Tamakloe like they should before we the people who believe in the ideals of the party and not people take him on. Nyaho Tamakloe’s modus operandi is simple. Cry victim and then wreck the NPP from within! This explains why you see him trying to say people are seeking to gag him or kick him out of the party. He says these things and effectively gag everybody else who had a response to him simply because responding to his nonsense will be construed as gagging him. He says nobody can kick him out of the party but proceeds to say things that kick others out of the party. This cannot be allowed to continue. Nobody wants to be associated with a group that has so much negativity within it especially if people like Nyaho Tamakloe are making them feel like somebody else is going to treat them like outsiders.
What is bothering me most about Nyaho Tamakloe’s nonsense is that none of them are grounded in reality. None of them is fact based, none of them is logical and none of them seeks to develop the party beyond he Tamakloe’s perception of it. Do I need to demonstrate that that man’s comments and concerns are stupid and not grounded in reality? Let’s start from his comments on the falling value of the Ghanaian Cedi. He has been quoted by Citi fm as saying “it happened in Rawlings’ time. The cedi was devalued over a thousand times, Kufuor came on board, he was able to get things moving properly within a short time…unfortunately when he was leaving, the cedi was again nose diving.” Reading the entire statement from him I thought for a moment that was made by some ignorant illiterate somewhere. I was expecting to hear him say the value of the cedi fell by 25% in one month because of this, this and that. Not just to ask Ghanaians to throw our hands in the air is despair and accept it as the way it should be. And believe that the same government that created the problem will solve it with the same thinking that they had when they created it in the first place. Not only this, he has become so oblivious as to why we elect and choose our leaders. We elect and choose leaders to solve problems! You don’t want us to blame John Mahama for failing to solve a problem that you yourself have admitted exists? What a sycophant! Do you want me to be blamed? Or you just want to be like them and blame the dwarfs or the gods?
On ethnic balance in the NPP, Nyaho Tamakloe went to town tagging and castigating everybody about the composition of the vetting committee of the party when in actual fact he knew next to nothing about it. Before writing this piece about him, I did the simplest of things. I looked for all his comments, I read them. This is what normal people do. Couldn’t Dr. Nyaho Tamakloe avail himself with at least the simplest fact of the composition of the vetting committee? Now my focus is not on him getting this basic fact wrong but on this idea of ethnic balance in the NPP. I hope Nyaho Tamakloe is not calling for the party to bypass its criteria and qualification requirements in filling party positions. I’m a Northerner, a proud one at that. I will however be damned if I accepted any position anywhere in the world simply because I was a Northerner. Nyaho Tamakloe and his types have to start realizing that Northerners are not inferior in any way shape or form. We have the same qualifications and standards like anybody else anywhere in the world. When opportunities arise, we can compete for, and win them strictly based on our qualifications and merits. We do not need to have special criteria developed for us. Maybe he wants it for himself but we want to hold our heads up high and claim we won and deserve our positions by virtue of our hard work and not because Nyaho Tamakloe had mercy on us. We Northerners do not need any pity from Nyaho Tamakloe and people like him. People like Nyaho Tamakloe are the real tribalists. They are those who think being in one tribe or the other automatically puts you in a disadvantage. It doesn’t! Northerners who want to lead or be considered serious members of the NPP have to work for it. They have to be willing to bring with them support from the North. They have to be able to convince everybody that they are capable of competently doing the jobs for which they are applying. Nothing is going to be handed to anybody simply because of where they come from and as a Northerner I will never let that be a consideration for who I support for anything. NPP is perhaps the only party in Ghana that has stuck to a Northern- Southern partnership when we are selecting our Presidential Candidates. This has to mean something to people like Nyaho Tamakloe. If you went through the NPP Chairmanship list, our history will show the balance we have had as a party in filling that position. All Nyaho Tamakloe has to do is research and read and stop clinging onto this founding member nonsense. He only happened to be around when the party was being formed. He never earned it and should stop using it as a claim to fame.
I, like many people I know happen to be part of the NPP not because we were born into it nor have our family members been known NPP people. We believed in the ideals of the party and will defend those ideals at all times against anybody that will threaten them. We are not in the NPP because of individuals! At the time that I was making my decision to join the NPP and actually be part of campaign 2000, I didn’t know Nyaho Tamakloe or anybody else. All I knew was that, this was a party that was founded on the principles of “Development in freedom”. It was founded on the principles of “Free enterprise”, the principles of freedom and liberty for all Ghanaians and stood for the principles of fundamental human rights for all Ghanaians. As a kid in Tamale, I watched people march on the streets for the basic of all freedoms. The freedom of speech! I watched them go to battle unarmed against the armed tyrannical government of the PNDC to ensure that Ghanaians including myself had a right to vote and choose our leaders. I agree with these ideals completely. They are not negotiable to some of us. People like Nyaho Tamakloe will come and go. Some might come to NPP and fail to adhere to these principles and it will be our job to bring them back to the basics. It will be our responsibility to bring them back to what matters to us. At this point, I personally have my doubts on whether Nyaho Tamakloe believes in these founding principles. He must be challenged to demonstrate that he does. Otherwise we can all wish him goodbye to his party of choice. And yes Mr. Tamakloe, can be kicked out of the NPP if not by the leadership but by we the masses! He should not think for a minute that we the people are going to sit by and watch unconcerned as he embarks on his personal selfish motives to wreck our party. We simply will not let him! I will not be afraid to start and lead a drive to cleanse our party off Nyaho Tamakloe. Just as he has the right to criticize the party as a so-called founding member, we too have the right to take him on and call his bluff as major stake holders of the party. He has outlived his usefulness in the party and we have a future to protect. No old spent horse will be allowed to derail our future. Not even Nyaho Tamakloe!
In sum, Dr. Nyaho Nyaho-Tamakloe must be informed that today’s NPP is not the same NPP he joined or was a founding member of. It has become a modern political party with many stakeholders. All of our stakes are the same and he Nyaho Tamakloe is no better than any other member of the party. We all have equal say in what happens to the party. He will therefore be criticized and attacked just like he does to others and the party and he too cannot gag anybody. He too has to suffer the same pain and consequences he is subjecting other party members to by his almost daily trash that he spews. If Nyaho Tamakloe wants to be respected and treated like a party member or is it a founding member?, he will have to acquaint himself with the party structures and guidelines on resolving disagreements. It is my hope and prayer that he heeds this early advice and either learn to be a team player or quit the party all together. If he fails to take either option available to him, then he should prepare to face the wrath of other NPP members who have a future to protect.
Thanks for reading!

Tanko B. Adamu
Minnesota, USA
Tankobalik@yahoo.co.uk
zoomi 10 years ago

that my QUestion too all these time l was reading the article to come and across what these money was use to do.

that my QUestion too all these time l was reading the article to come and across what these money was use to do.
Eric 10 years ago

And what can you see to be a proof that they used the money wisely ? Is it the poor road. ? or the bad drinking water.

And what can you see to be a proof that they used the money wisely ? Is it the poor road. ? or the bad drinking water.
KWAA 10 years ago

So you want to compare Ghana's debt to America's?Oh,some of you make me think at times we deserve what we are getting.Even if America's debt will be1000%what is the living standard of America compared to the living standard i ...
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So you want to compare Ghana's debt to America's?Oh,some of you make me think at times we deserve what we are getting.Even if America's debt will be1000%what is the living standard of America compared to the living standard in Ghana?Some incompenent people in power are running this Country aground,and you are there comparing Ghana to America.In our history,Ghana has never owned so much and so little to show for.From infurstrature to education and standard of living everything thing is going down.And as usual,Ghana man will blame all others apart from himself.Now it is the fault of the American Central Bank,because they are keeping their currency strong,that is why our economy is not doing well,what an irony.
read i 2 dye 10 years ago

2016...vote nana n bawuahmia...maama is a disgrace to northerners n Ghana...100

2016...vote nana n bawuahmia...maama is a disgrace to northerners n Ghana...100

Gov of families 10 years ago

Govern. of families & not the people

1.Joyce Bawa Mogtari, deputy minister of transport (President's niece), Hudu Mogtari, CEO of food and drugs Board (Joyce Bawa moftari's husband, and president's inlaw) Clara Bawa Arthur ...
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Govern. of families & not the people

1.Joyce Bawa Mogtari, deputy minister of transport (President's niece), Hudu Mogtari, CEO of food and drugs Board (Joyce Bawa moftari's husband, and president's inlaw) Clara Bawa Arthur, board member, bank of Ghana and infrastructural development board, deputy CEO GHIPPS (sister of Joyce Bawa Mogtari and niece of president and inlaw of Hudu Mogtari)

2.Hannah Tetteh-Minister of foreign affairs. Gabrielle Tetteh- Office of the Vice President Gizella Tetteh- Board Member, Ghana Airports Authority.(these are sisters from the same father)
3. Ato Ahwoi-Board chairman Ghana Infrastructure Fund Kwesi Ahwoi-High commissioner to South Africa Kwamena Ahwoi- Board chairman, Revenue Agencies Board.(all brothers from one mother) Comfort Ahwoi( Kwesi's wife), Board Member, Bulk Oil storage and transportation.
4.Tony Lithur-Board Chairman, Ghana Airports company Nana Oye Lithur(Tony's wife), Minister of Women and Children's Affairs.
5.Alex Mould-CEO, GNPC Betty Mould, NDC national vice chairperson(Alex's sister).
6.Ibrahim Mahama, Presidents brother( in charge of major government contracts. Sylvanus Tetteh-Tamakloe, Ibrahim's maternal uncle(Mahama's Uncle), Ghana Ambassador to Zimbabwe.
7.Henry Smith-ambassador to USA Victor Smith( Henry's brother), High Commissioner to UK. And you are telling me this is not a government for Family members only? You must be joking bruv. More to come wai.
8.Lee Ocran-Board chairman Volta River Authority Sati Ocran-Board member, SSNIT.(Lee Ocran's wife).
9.Jabesh Amissah- CEO of Bui Dam authority.( Vice Presidents direct brother). You see how the leaders make their appointments after voting for them.
Maame Abena 10 years ago

Mahama's government acquires loans as if they will never have to pay back. The sad reality is all the people of Ghana owe a fraction of these loans.
The poor as well as the rich, the living as well as the unborn owes.
It is ...
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Mahama's government acquires loans as if they will never have to pay back. The sad reality is all the people of Ghana owe a fraction of these loans.
The poor as well as the rich, the living as well as the unborn owes.
It is sad also that after contracting all these loans we still live in the dark,and our economy is tanking,because Ghana is corrupt.
Ghana has a sad story to write. We have reached a point where we have to take loans in order to service what we owe, a wrong way to live.
Where is Dr. Bawumia how Ghana needs you.
Pelicles 10 years ago

Ghana is now riding high. We are nearing the hilt of our development. Thanks to President Mahama and his economic team.

Ghana is now riding high. We are nearing the hilt of our development. Thanks to President Mahama and his economic team.
United Ghana 10 years ago

George Boateng couldn't have done any worse.

George Boateng couldn't have done any worse.
dunchie 10 years ago

GHANA NEEDS A TOTAL REVOLUTION!!! A DEEP HOUSE CLEAN UP FROM A TO Z- A COMPLETE NEW ORDER TO PUT THINGS ON RIGHT AND SOUND FOOTING:THAT IS ALL. NO MATTER HOW MUCH LIFES IT WOULD COST.

GHANA NEEDS A TOTAL REVOLUTION!!! A DEEP HOUSE CLEAN UP FROM A TO Z- A COMPLETE NEW ORDER TO PUT THINGS ON RIGHT AND SOUND FOOTING:THAT IS ALL. NO MATTER HOW MUCH LIFES IT WOULD COST.
IVY 10 years ago

go and feather to tell us what the use the money for

go and feather to tell us what the use the money for
United Ghana 10 years ago

And IVY, what was the debt used for? Not to cure dumsor or create jobs or improve the NHIS or adequately resource & improve basic education in GH. Please don't compare GH to the U.S.

And IVY, what was the debt used for? Not to cure dumsor or create jobs or improve the NHIS or adequately resource & improve basic education in GH. Please don't compare GH to the U.S.
zoomi 10 years ago

what for then? Americans do not care because the know what their debt is going to do for them. but ghanaians are not interested in knowing where this money went to but only figures.

what for then? Americans do not care because the know what their debt is going to do for them. but ghanaians are not interested in knowing where this money went to but only figures.
KOO 10 years ago

That Ghana is sick is no news,but the sad part of it is that Mahama and his men do not know what to do to put things right.If any individual,organization or nation has to borrow in order to service interests on its loans then ...
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That Ghana is sick is no news,but the sad part of it is that Mahama and his men do not know what to do to put things right.If any individual,organization or nation has to borrow in order to service interests on its loans then something is fundamentally wrong.All projections, both agricultural and industrial have been negative.Revenue is declining and oil which some based all hopes on is seeing a slide in prices for some time now.It will not take long before we cross the 100% in public debt GDP ratio mark.Is there any hope anywhere?.
Alhassan Walla 10 years ago

In spite of this hard fact about the battered economy, is the government not telling weak, dumb and imbecilic Ghanaians that they are the best thing that ever happened to Ghana?

Ghanaians, stupid as they are, should keep ...
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In spite of this hard fact about the battered economy, is the government not telling weak, dumb and imbecilic Ghanaians that they are the best thing that ever happened to Ghana?

Ghanaians, stupid as they are, should keep quiet and suck it up without complaining. The purposeless NDC government shamelessly tells us that Ghana is the best country to live in the whole world. What crap - just dumb, nonsensical and plain stupid!

Sam 10 years ago

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Dela 10 years ago

Now let's hear what NDC will say. This is from Reuters, a reputable news outlet every sane international investor takes seriously!

Is Mahama/NDC going to say it is Bawumia's numbers? When he said this was going to happen, ...
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Now let's hear what NDC will say. This is from Reuters, a reputable news outlet every sane international investor takes seriously!

Is Mahama/NDC going to say it is Bawumia's numbers? When he said this was going to happen, they made a lot of noise.

Well, blame it on the depreciation of the cedi, but the cedi's depreciation in itself is related to the debt stock of the country.

71% of GDP? We are damned!

Bagbin said that NDC will continue to borrow, well let's see how much interest you pay to borrow going forward.

In every instance, denial always leads to either failure or death! Our country is in deep trouble!

The cedi is going to depreciated further and faster with this development!
United Ghana 10 years ago

Dela, this useless govt is out of its depth. They have no solutions to the problems they have created & are borrowing out of desperation just to keep the country "crawling" along. Gh is in big trouble.

Dela, this useless govt is out of its depth. They have no solutions to the problems they have created & are borrowing out of desperation just to keep the country "crawling" along. Gh is in big trouble.
KWAME 10 years ago

Will Ghanaians still vote for Mahama after destroying the economy ?

Will Ghanaians still vote for Mahama after destroying the economy ?
Nuumo-Bi 10 years ago

Ghana is a fail State to be indebt like this.

Ghana is a fail State to be indebt like this.
BBC NEWS! !!!!!!!!!!!!!!!!!!!!!!! 10 years ago

This is what happens when you have FOOLS AND DEAD GOAT IN CHARGE OF GOV'T.

This is what happens when you have FOOLS AND DEAD GOAT IN CHARGE OF GOV'T.

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Public debt climbs to 71%of GDP

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