Ghanaian should ask themselves about these Eurobonds: if we borrowed $750 in 2007 and did not have to borrow again until 2013 ($1 billion), how come we have had to borrow $1 billion in 2014 and $1 billion in 2015? Where di al ... read full comment
Ghanaian should ask themselves about these Eurobonds: if we borrowed $750 in 2007 and did not have to borrow again until 2013 ($1 billion), how come we have had to borrow $1 billion in 2014 and $1 billion in 2015? Where di all the money go? We didn't have oil in 2006-07, now we have oil revenue and dumsor and $3 billion Eurobond debt. The people deserve to know how all the $3 billion was used- lie item by line item. We shall never forget just as our debts will not be forgiven.
tony 8 years ago
I am out of words to describe our leaders. the least said, the better.
I think real dick heads, dumb ass's and cave men are ruling Ghana now.
I think it serves us better as a people to elect someone or allow some low lif ... read full comment
I am out of words to describe our leaders. the least said, the better.
I think real dick heads, dumb ass's and cave men are ruling Ghana now.
I think it serves us better as a people to elect someone or allow some low lifers to steal our mandate who can not think for themselves let alone to make informed decisions for themselves and families to rule a whole nation.
We are being punished for our leniency on stupidity, corruption and failure to question suspicious characters. Mediocre journalists and media personnel asking lazy questions to let crook politicians off the hook.
we spend our monies on judgement debts,steal from our own people and yet have no shame to go out to borrow with huge interest rate only to pay more debts.
who does that?
makola business women are far smarter than our leaders.
aside all these, Ghanaians come together to chorus to these brain deads as honorables. bunch of mediocres who can not even last a day as errand boys in advance countries.
why do you do this to your own nation that has given you so much for free?
why, why and why?
Ghana, Think and think again.
Joe Turkey 8 years ago
A whole lot of nonsense in this report. 1. Market conditions in the global market had made the Ministry to go for $1 billion instead. This is not true. The IMF refused to endorse $1.5 because Ghana was too leveraged. 2. The g ... read full comment
A whole lot of nonsense in this report. 1. Market conditions in the global market had made the Ministry to go for $1 billion instead. This is not true. The IMF refused to endorse $1.5 because Ghana was too leveraged. 2. The government is now borrowing at 10.75% (excluding transaction fees) to pay a 7% bond that was issues in 2007 because government never made provision for it over the years. 3. US recovery has made it difficult for Ghana to borrow from the IMF? This is nonsense. The US does not borrow (in fact, is not qualified to borrow) from the IMF and never does. China has just lowered interest rates to boost it's own economy; how is that a problem for Tekper? 4. Can Tekper explain what global pressure is facing emerging markets that drives him to borrow money to pay off old debts and at such crazy rates? 5. If the Eurobond road show was such a success and resulted in investor confidence, how come Tekper had to borrow at the highest rate by any country in the world? Is the ability to borrow money at any rate, and with outside guarantee, the new definition of investor confidence? 4. You right! Government is shifting to self-financing projects like uniforms to school children. I wonder what the rate of return is on those uniforms. 5. The government has $95 billion in debt and $100 million in a sinking fund? That 0.1%, right? And Tekper makes it sound like a sinking fund is a Ghana government innovation. It's just a commonsense thing other nations and Honorable Finance Ministers do without advice from IMF. In fact, my grandmother would have done that except that she'll call it by another name. Together, Mahama, Tekper and Wampah are sinking the country. At what point are we going to say enough is enough?
Saint Ghfuo: CHALLENGE YOURSELF!!! 8 years ago
Ghana says...how high? Where is the ntampe? Don't believe anything these crook lending agencies tell u. They just give you bad advice to keep you stuck in debt and coming for more loans. Tweaa, dumb niggas
Ghana says...how high? Where is the ntampe? Don't believe anything these crook lending agencies tell u. They just give you bad advice to keep you stuck in debt and coming for more loans. Tweaa, dumb niggas
NN 8 years ago
These people have messed up Ghana and God will punish them. How can someone who calls himself a graduate destroy his own country like this... No conscience on their part... You borrow at high interest rate to pay debt... Stu ... read full comment
These people have messed up Ghana and God will punish them. How can someone who calls himself a graduate destroy his own country like this... No conscience on their part... You borrow at high interest rate to pay debt... Stupidity in the highest level... When you talk, they will never let you talk cod they get some coins from them... How can some of us sell our dignity to these people just to follow these incompetent liars for coins... Prosperity will judge all of them... In this hard times, market women are even trying to make business and make sure they don't lose if even the profit is not that big but what's a whole government doing? It hurts to have dumb asses leading the country...
Jay+++++++++++++London 8 years ago
NDC is recklessly piling up burden for Ghanaians but FOOLS CAN'T SEE.
NDC is recklessly piling up burden for Ghanaians but FOOLS CAN'T SEE.
Boss 8 years ago
Idiots in charge. $1bioon to only refinance other debts.
Idiots in charge. $1bioon to only refinance other debts.
Ghanaian should ask themselves about these Eurobonds: if we borrowed $750 in 2007 and did not have to borrow again until 2013 ($1 billion), how come we have had to borrow $1 billion in 2014 and $1 billion in 2015? Where di al ...
read full comment
I am out of words to describe our leaders. the least said, the better.
I think real dick heads, dumb ass's and cave men are ruling Ghana now.
I think it serves us better as a people to elect someone or allow some low lif ...
read full comment
A whole lot of nonsense in this report. 1. Market conditions in the global market had made the Ministry to go for $1 billion instead. This is not true. The IMF refused to endorse $1.5 because Ghana was too leveraged. 2. The g ...
read full comment
Ghana says...how high? Where is the ntampe? Don't believe anything these crook lending agencies tell u. They just give you bad advice to keep you stuck in debt and coming for more loans. Tweaa, dumb niggas
These people have messed up Ghana and God will punish them. How can someone who calls himself a graduate destroy his own country like this... No conscience on their part... You borrow at high interest rate to pay debt... Stu ...
read full comment
NDC is recklessly piling up burden for Ghanaians but FOOLS CAN'T SEE.
Idiots in charge. $1bioon to only refinance other debts.