Gov’t borrows GHC500m to pay debts

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YAA-YAA 9 years ago

JOHNMAHAMA IS CORRUPT EXTREMELY CORRUPT and incompetent anda huge ddisgrace.....

JOHNMAHAMA IS CORRUPT EXTREMELY CORRUPT and incompetent anda huge ddisgrace.....
PRINCE KWASI ADADE ( OFIE P33 ) 9 years ago

WE ARE TALKING ABOUT OVER 37 BILLION DOLLAR DEBT AND THE RESULT IS WHAT GHANAIANS ARE GOING THROUGH TODAY. LOOK AT OUR ELECTRICITY AND WATER TARIFFS AND DANGEROUS ZACHAEUS STEALTH TAXES "NA SIKA NO WO HE"???? MY CHILDREN ARE ...
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WE ARE TALKING ABOUT OVER 37 BILLION DOLLAR DEBT AND THE RESULT IS WHAT GHANAIANS ARE GOING THROUGH TODAY. LOOK AT OUR ELECTRICITY AND WATER TARIFFS AND DANGEROUS ZACHAEUS STEALTH TAXES "NA SIKA NO WO HE"???? MY CHILDREN ARE NOT GOING TO PAY. WE WILL VOTE YOU OUT, COLLECT OUR STOLEN MONEYS FROM NDC AND JAIL YOU ALL NO MATTER WHICH PLANET YOU COME FROM. ASIEDU NKETIA IS SCARED OF HIS DUBIOUS BUI DAM DEAL!!!!! NDC HAS ABANDONED THEIR PROBITY, TRANSPARENCY, INTEGRITY AND ACCOUNTABILITY SLOGAN. WE WILL NEVER AGREE, WE MUST CARRY IT TO THEM. OTHERS , I REPEAT, WERE KILLED BY NDC. ACHEAMPONG, AKUFO , AFRIFA AND A HOST OF OTHERS LOST THEIR LIVES. THOUSANDS LOST THEIR PROPERTIES AND BANK BALANCES. WE NEED A DEMOCRATIC HOUSE CLEANING EXERCICE IN 2017 TO BRING SANITY INTO OUR GOVERNANCE SYSTEM. WHAT IS THE NDC AFRAID OF?? IF THEY SERVED THE COUNTRY AND THEY ARE CLEAN???? WHEN DZIFA WENT TO EWELAND, SHE DID NOT TELL THEM WHAT SHE HAS ACHIEVED FOR GHANA AS A TRANSPORT MINISTER BUT ASKED THEM TO PROTECT HER BECAUSE SHE HAS CAUSED FINANCIAL LOSS TO THE STATE. WHAT AN INSULT TO THE INTELLIGENCE OF THE PEOPLE OF VOLTA REGION? ??????
Anonymous Coward 9 years ago

Kaakaamotobi economy. A toxic mixture of incompetence plus corruption gives you nothing but wahala. 59 years of so-called independence and we still borrowing like there is no tomorrow.

Kaakaamotobi economy. A toxic mixture of incompetence plus corruption gives you nothing but wahala. 59 years of so-called independence and we still borrowing like there is no tomorrow.
Keynes 9 years ago

What happened to the $250 million lying idle?

What happened to the $250 million lying idle?
ABBA ATTA 9 years ago

Social media lies about my gov't too much - Prez Mahama

President John Mahama has accused some critics of hiding behind social media to peddle inaccurate information about his government and also hurl lies at his administr ...
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Social media lies about my gov't too much - Prez Mahama

President John Mahama has accused some critics of hiding behind social media to peddle inaccurate information about his government and also hurl lies at his administration.

Mr Mahama complained that his appointees are always attacked on social media by anonymous accounts on social media, especially when issues of corruption are topical.

According to Mr Mahama, people use corruption as political propaganda without backing their claims with facts.

Speaking to a gathering of Ghanaian citizens living in London recently, President Mahama said: “Perception can be heightened because it’s been discussed long in the media. And when you have a country like Ghana where everybody is free to discuss corruption, if you wake up and you are angry with your husband or wife, you take it out on the president, abuse him on the radio. When you have that kind of society, there are all kinds of issues that come up," adding that: “And then we have the addition of social media. Because of the anonymity, people just fix some blatant lies and put it on WhatsApp. And, sometimes, they are so creative, and I said these people the way they are creative, if they channel this creativity into lucrative things Ghana would not be where it is.”

“They would create something about you and if it is not because I am myself and I know that it is not true, anybody who sees it would believe it. We have all that floating in the system and all that, so, it heightens people’s perception about corruption. And, so, it is easy to say that there is more corruption in this regime than in that regime. Where would comparison of corruption take us? It won’t take us anywhere,” he emphasised.

The president further said: "The important thing is to put in the systems that prevent corruption taking place. I have the political willingness to expose it and investigate it and sanction it and I have said I am willing if any allegations are made. A lot of times somebody comes and says: ‘Oh this guy, he is stealing,’ and I ask him: ‘How do you know?’ [And he replies:] ‘You put your ears on the ground. Your ministers are all thieves.’

‘Which one? Tell me so that I can get the person.’ ‘Na wonnte – to wit – [Don't you hear?] You don’t listen. You are not listening to these things.’

“You know, you need to deal with it in a more systematic manner and that’s why we are putting in place a legislation that protects whistle blowers, because whistle blowers are important,” he said.

Mr Mahama assured Ghanaians that the Attorney General’s (AG) Department was working on the Whistle Blower’s Amendment Bill and Witness Protection Scheme for easy flow of information.

“The person who sees corruption happening, you must put in the regulation that ensures that when he has blown the whistle, he is protected," he said.
sanjay - Abu Dhabi 9 years ago

so far as we have peace no problem, no one is running again, you can go to church or Masjid free and fair, vote mahama for peace and development

so far as we have peace no problem, no one is running again, you can go to church or Masjid free and fair, vote mahama for peace and development
YAA-YAA 9 years ago

More poverty in Ghana than ever before under JOHNMAHAMA... More trokosis and kayayes.

More poverty in Ghana than ever before under JOHNMAHAMA... More trokosis and kayayes.
Pelicles 9 years ago

NDC is borrows to pay debt and you are talking about how good Mahama is. Does it make sense to borrow to pay debts and at what cost? This is a desperate move or measures signaling that Ghana has failed under Mahama.

NDC is borrows to pay debt and you are talking about how good Mahama is. Does it make sense to borrow to pay debts and at what cost? This is a desperate move or measures signaling that Ghana has failed under Mahama.
K Mensah 9 years ago

Sanjay-Abu Dhabi,A hungry man knows no peace and development.Accept that your idol Mahama is a total failure.

Sanjay-Abu Dhabi,A hungry man knows no peace and development.Accept that your idol Mahama is a total failure.
eugene 9 years ago

for you

for you

YAA-YAA 9 years ago

NDC government deposits 250 million dollars in a private bbank and later go to same bank for TREASURY BILLS at a much higher interest rate..... Hahahaaaa ide biiiiiiii Kek....

NDC government deposits 250 million dollars in a private bbank and later go to same bank for TREASURY BILLS at a much higher interest rate..... Hahahaaaa ide biiiiiiii Kek....
PRINCE KWASI ADADE (OFIE P33) 9 years ago

AUTHOR: AKOSUA------A naturally resourced small country like Ghana is owing 100 billion dollars with bad roads dumsor and people drinking from rivers and streams and they are happy. Tekper and those happy people must be silly ...
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AUTHOR: AKOSUA------A naturally resourced small country like Ghana is owing 100 billion dollars with bad roads dumsor and people drinking from rivers and streams and they are happy. Tekper and those happy people must be silly indeed. When can you pay one hundred billion dollars and progress as s country. When the borrowed monies are stolen by mahama and thieves. Just recently , DVLA BOSS stole 6.9 million dollars for a project costing 3.6 million dollars and instead of collecting those monies tekper continues borrowing more and more and fools are happy. Where has reasoning gone to from Ghana. You see poverty clearly on the faces of Ghanaians and a small batch of idiots are misleading the people. Ghanaians wake up. NDC HAS NO FUTURE FOR THE COUNTRY
TULA 9 years ago

The problem with Seth Terpkor's economic management is that he has no choice other than to borrow more to finance the deficit ; the wage buill is too high and he cannot keep on borrowing from the kaya yei and ther financial i ...
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The problem with Seth Terpkor's economic management is that he has no choice other than to borrow more to finance the deficit ; the wage buill is too high and he cannot keep on borrowing from the kaya yei and ther financial institutions for good because eventually the borrowing cycling will break besides the trouble is that Jon Mahama is not creative and not wealth creators; all Jon Mahama knows is 'contract awards which any full can do ; you need to create wealth to pay your debits or save to pay your debits ; JOn Mahama cannot save and cannot save but wants development through awards of contracts which is not possible ; if you do not have it you cut your coat according to your means.
Vinss 9 years ago

GHANAIANS PLEASE WAKE UP FOR MAHAMAGOVT ARE SINKING THE NATION.EWES,FANTIS GA,s WESTERN REG, NORTHENERS YOU ALL NEED TO WAKEUP FROM YOUR LONG SLUMBER.I AM PRAYING AMEN FOR YOU ALL.AMEN.

GHANAIANS PLEASE WAKE UP FOR MAHAMAGOVT ARE SINKING THE NATION.EWES,FANTIS GA,s WESTERN REG, NORTHENERS YOU ALL NEED TO WAKEUP FROM YOUR LONG SLUMBER.I AM PRAYING AMEN FOR YOU ALL.AMEN.
YAA-YAA 9 years ago

JOHNMAHAMA IS CORRUPT EXTREMELY CORRUPT and incompetent and huge ddisgrace..... ... Hahahaaaa ide biiiiiiii Keke thieves in government blind to the pains of the poor Ghanaian tax payer..

JOHNMAHAMA IS CORRUPT EXTREMELY CORRUPT and incompetent and huge ddisgrace..... ... Hahahaaaa ide biiiiiiii Keke thieves in government blind to the pains of the poor Ghanaian tax payer..
John Adams Tamale 9 years ago

What was the conditions of the country before power was given to NDC.As the servants said to Pharaoh can't you see that the country is sinking the same is happening in Ghana (Proverb 29:2,4) says it all.This country is being ...
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What was the conditions of the country before power was given to NDC.As the servants said to Pharaoh can't you see that the country is sinking the same is happening in Ghana (Proverb 29:2,4) says it all.This country is being rule by wicked minds.
Maame 9 years ago

GOVERNMENT BORROWS MONEY TO PAY DEBTS NPP GOVERNMENT UNDER KUFFOUR INCURRED.

GOVERNMENT BORROWS MONEY TO PAY DEBTS NPP GOVERNMENT UNDER KUFFOUR INCURRED.
Black 9 years ago

Maame it's obvious you have no defence for the reckless borrowing of this govt. please go home and watch telenovela .

Maame it's obvious you have no defence for the reckless borrowing of this govt. please go home and watch telenovela .
Victor A. Young 9 years ago

John Mahama is clueless and incompetent president and should be booted out of office before it's too late! Why is he pilling up so much debt by borrowing? He should do the best thing for Ghana by stepping down. He promised Gh ...
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John Mahama is clueless and incompetent president and should be booted out of office before it's too late! Why is he pilling up so much debt by borrowing? He should do the best thing for Ghana by stepping down. He promised Ghanaians that he's good YUTONG BUS driver; it turns out he even doesn't have a professional driver's license. The bogus "Aplanke Prez" has sent the YUTONG BUS into the ditch. Get out of the driver's seat; you don't know how to manage the nation's affairs. "Tiiif!"
anna 9 years ago

eeeiiiiii seth terkpor so ur the finance minister shameeeeee ndc clueless hand over better Dr Bawumia said it ndc very uselss

eeeiiiiii seth terkpor so ur the finance minister shameeeeee ndc clueless hand over better Dr Bawumia said it ndc very uselss

Kay 9 years ago

When will this ndc government ever learn to do something right?

When will this ndc government ever learn to do something right?
Dr. Acquah. 9 years ago

OMG! But the economy of Ghana has been well managed! First HIPC and now IMF, all by the NDC!Kick this party out come Nov.!

OMG! But the economy of Ghana has been well managed! First HIPC and now IMF, all by the NDC!Kick this party out come Nov.!
t.t 9 years ago

When we say this govt is incompetent , they say No, they are competent ! U hv idle 250m dollars and u still go around borrowing as if there is no tomorrow ! what is wrong with this incompetent Mahama govt ?

When we say this govt is incompetent , they say No, they are competent ! U hv idle 250m dollars and u still go around borrowing as if there is no tomorrow ! what is wrong with this incompetent Mahama govt ?
Yussif 9 years ago

Now we re egaging in economic galamsey for government to safe Ghana,this finance minister is a big dance,untill he's sacked like Kofi Wampah this country ll never no progress.This useless man I believe has the secret of this ...
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Now we re egaging in economic galamsey for government to safe Ghana,this finance minister is a big dance,untill he's sacked like Kofi Wampah this country ll never no progress.This useless man I believe has the secret of this government and the president,for fear of blackmail they re afraid to fire him,he's so out of touch of the realities on the ground,since the cedi reach 4.00 to the dollar,what has he been able to do to bring it down to where he met it?
Kwame Amoo 9 years ago

Mr President, if governance was all abt borrowing to undertake projects and to pay off maturing debts, than am afraid anybody can be president.

Mr President, if governance was all abt borrowing to undertake projects and to pay off maturing debts, than am afraid anybody can be president.
Jeff, UK 9 years ago

When only 1 tenth of the population are the ones that pays taxes, what do u expect? You should be advising Ghanaians to voluntarily pay their taxes. If that happens, govt, whichever, will stop borrowing unecessarily

When only 1 tenth of the population are the ones that pays taxes, what do u expect? You should be advising Ghanaians to voluntarily pay their taxes. If that happens, govt, whichever, will stop borrowing unecessarily
MAWULE 9 years ago

You borrow to pay loan INCOMPETENCY Lazy Government. You don't even know how to generate Income THIEF

You borrow to pay loan INCOMPETENCY Lazy Government. You don't even know how to generate Income THIEF
Dannison 9 years ago

hahahaha this only appends in Ghana, borrow money to pay debts. an idiot will not even do that.

hahahaha this only appends in Ghana, borrow money to pay debts. an idiot will not even do that.
Sulley 9 years ago

Bawumia is our savior. Bawumia is Ghana's savior. Anything he says abt this NDC government turns out to b true. How can u borrow to pay debt?. Mahama and his ministers are illiterate. They know nothing abt governance. The har ...
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Bawumia is our savior. Bawumia is Ghana's savior. Anything he says abt this NDC government turns out to b true. How can u borrow to pay debt?. Mahama and his ministers are illiterate. They know nothing abt governance. The hardship is too much. Mahama we are dying ooooo.
IS GETTING MESSY 9 years ago

BORROWING $S TO PAY DEBT ABE?

BORROWING $S TO PAY DEBT ABE?

John Mahama 9 years ago

NDA is not a party for the people. It is a party that has used its domestic agenda to steal from Ghana and Ghanaians. I am not a fan of politics but Ghana is being taken for a ride by this party of thieves.

NDA is not a party for the people. It is a party that has used its domestic agenda to steal from Ghana and Ghanaians. I am not a fan of politics but Ghana is being taken for a ride by this party of thieves.
eugene 9 years ago

you know the deal

you know the deal
# VOTE MAHAMA OUT ! 9 years ago

MAHAMA: The Job of the President is More than Just Repeating Polished Lies.!Mahama has Condemned Ghanaians to a Life of Poverty,DUMSOR,HIPC,
WOYOME,Killings,HIGH TAXES,PETROL PRICES.VOTE to Cast Mahama OUT from Office and Gi ...
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MAHAMA: The Job of the President is More than Just Repeating Polished Lies.!Mahama has Condemned Ghanaians to a Life of Poverty,DUMSOR,HIPC,
WOYOME,Killings,HIGH TAXES,PETROL PRICES.VOTE to Cast Mahama OUT from Office and Give Ghana a Clean Break !.
Preacher 9 years ago

Ponzi scheme galore.Ghana is in a whole
lot of trouble

Ponzi scheme galore.Ghana is in a whole
lot of trouble
Preacher 9 years ago

Ponzi scheme? This is an indictment on this shitty government

Ponzi scheme? This is an indictment on this shitty government
Zil 9 years ago

Clear biased reporting. Grand agenda to paint a hopeless situation.

Clear biased reporting. Grand agenda to paint a hopeless situation.
Jase 9 years ago

Oh my god !!!! Imagine if we could all just do that type of borrowing every time we were short . Survey they have stolen enough already for the election campaign plus all the loans and promises to AMERI CROOK SHEIK power deal ...
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Oh my god !!!! Imagine if we could all just do that type of borrowing every time we were short . Survey they have stolen enough already for the election campaign plus all the loans and promises to AMERI CROOK SHEIK power deal has to be paid for I presume ahhh.
Jase 9 years ago

Abba - get to the mental institution .

Abba - get to the mental institution .
Youngg Geniuss 9 years ago

If we don't take care Mahama will put us all as collateral for more unnecessary loans.

If we don't take care Mahama will put us all as collateral for more unnecessary loans.

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Gov’t borrows GHC500m to pay debts

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