Ex-Namibia president accepts Mo Ibrahim Prize

Read Comments Comments (6)

• PRINCE KWASI ADADE (OFIE P33) 10 years ago

  Dr Mahamudu Bawumia
  SOURCE : Class fm online.com---------
  Ghana is paying six times its total oil revenue as interest on the country’s total public debt stock; that’s the computation done by former Deputy Governor of th ...
  read full comment

  Dr Mahamudu Bawumia
  SOURCE : Class fm online.com---------
  Ghana is paying six times its total oil revenue as interest on the country’s total public debt stock; that’s the computation done by former Deputy Governor of the Bank of Ghana, Dr Mahamudu Bawumia. 
  
  “We’ll reach GHC99billion by the end of this year,” the Running Mate to the Flagbearer of the biggest opposition Party said in a post-budget presentation interview with Richard Sky of Citi FM. 
  
  “The interest on this debt alone is going to be six times Ghana’s oil revenue,” Dr Bawumia said.
  
  “When we found oil, we were happy that we found oil, but the borrowing of this Government has compromised the whole oil discovery; you need six times our oil revenue just to pay interest on the debt, not even capital, so, it is a really sad development,” he complained.

  reply
• KOJO 10 years ago

  THIS IS THE KIND OF LEADERS AFRICA NEEDS,SELFLESS,INCORRUPTIBLE AND VISIONARY,MY OBSERVATION IS ALL THESE MO AWARD WINS ARE OLD,IT TELLS HOW AGE COUNT IN LEADERSHIP

  THIS IS THE KIND OF LEADERS AFRICA NEEDS,SELFLESS,INCORRUPTIBLE AND VISIONARY,MY OBSERVATION IS ALL THESE MO AWARD WINS ARE OLD,IT TELLS HOW AGE COUNT IN LEADERSHIP

  reply
• Pround pepeni. 10 years ago

  Mo Ibrahim is an African icon. God bless you.

  Mo Ibrahim is an African icon. God bless you.

  reply
• ZAC 10 years ago

  So Mahama what is your achievement for Ghana? A dumsor for the last three years, and 100 billion cedis debt load since you took over about seven years ago. GYEEDA

  So Mahama what is your achievement for Ghana? A dumsor for the last three years, and 100 billion cedis debt load since you took over about seven years ago. GYEEDA

  reply
• Papa Yaw 10 years ago

  No

  No

  reply
• kwTgia eks 10 years ago

  Yes Pres JM is going to be the next winner. He provided water for Adenta and many others. Giving us more schools and hospitals. Gid bless you Pres JM. We love you.

  Yes Pres JM is going to be the next winner. He provided water for Adenta and many others. Giving us more schools and hospitals. Gid bless you Pres JM. We love you.

  reply