Deficit threat comes alive as voting day looms

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• Odikro 9 years ago

  We are up to the neck in dent. Ghana's total debt to GDP is the 2nd highest in Africa (next to war-torn Mozambique). This is due to excessive borrowing by the NDC for projects that are, in many cases, over-priced to the tune ...
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  We are up to the neck in dent. Ghana's total debt to GDP is the 2nd highest in Africa (next to war-torn Mozambique). This is due to excessive borrowing by the NDC for projects that are, in many cases, over-priced to the tune of 300 to 500%. We needn't have to be so indebted, given what projects we see on the ground. Like some sister African counties, individuals in the current government are richer than the country as a whole. John Mahama is a dangerous species to Ghana.

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• Think Big 9 years ago

  Thank you bro. If our public debt is about 67.2% of our GDP then we got a big problem. The future is very bleak and yet people are shouting JM TOASO. Are we serious at all? It's time for a change of government to steer the ec ...
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  Thank you bro. If our public debt is about 67.2% of our GDP then we got a big problem. The future is very bleak and yet people are shouting JM TOASO. Are we serious at all? It's time for a change of government to steer the economic ship of this country. Another 4 years for ndc will be disastrous for this country. Mahama and his cronies will continue to loot, share and over-inflate every meagre infrastructure they put up. It is sad

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• KOO 9 years ago

  Those shouting JM Toaso,do not understand what is going on.They are being fooled all along with a few projects whose prices are hugely inflated by Mahama and his people.Four more years under this administration will be total ...
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  Those shouting JM Toaso,do not understand what is going on.They are being fooled all along with a few projects whose prices are hugely inflated by Mahama and his people.Four more years under this administration will be total disaster.

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• Larry Finch 9 years ago

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• mahama must go 9 years ago

  When it comes to fiscal and economic discipline of the mahama administration, they scored negative 99 percent. Gh is always more backwards under ndc. Mahama must go

  When it comes to fiscal and economic discipline of the mahama administration, they scored negative 99 percent. Gh is always more backwards under ndc. Mahama must go

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• XMAN 9 years ago

  This cant be true

  This cant be true

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• Johnson 9 years ago

  Ghanaweb you can't save you NPP. The die is cast. NDC will do Ghana the favour by whitewashing Nana Addo. It will be the heaviest NPP defeat of all time. Trust me. The defeat will be resounding. JM toaso. No abaabas33

  Ghanaweb you can't save you NPP. The die is cast. NDC will do Ghana the favour by whitewashing Nana Addo. It will be the heaviest NPP defeat of all time. Trust me. The defeat will be resounding. JM toaso. No abaabas33

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• Executioner 9 years ago

  We live to see, my friend. Judgment day is tomorrow. We still remember the high utility tariffs. The astronomical cost of living. Dirty streets everywhere and the destruction of vegetation for galamsey, which mahama and ndc e ...
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  We live to see, my friend. Judgment day is tomorrow. We still remember the high utility tariffs. The astronomical cost of living. Dirty streets everywhere and the destruction of vegetation for galamsey, which mahama and ndc encourage just to get vote from the illegal miners

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• Kay 9 years ago

  I ve always liked NDC but truth be told npp are better managers of this economy.

  I ve always liked NDC but truth be told npp are better managers of this economy.

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• BERNARD 9 years ago

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• joe 9 years ago

  Hmmm.The ndc is only thinking of winning election and not management of the economy.Even if Ghanaians will suffer for them to stay in government they don't care.Let vote them out tomorrow.

  Hmmm.The ndc is only thinking of winning election and not management of the economy.Even if Ghanaians will suffer for them to stay in government they don't care.Let vote them out tomorrow.

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• Benjamin Larbi 9 years ago

  As at 2008, you only needed,1 cedi 20 pesewas to get a dollar, but now you will need 4 CEDI's for 1 dollar, whhyyy!!!!!!!

  As at 2008, you only needed,1 cedi 20 pesewas to get a dollar, but now you will need 4 CEDI's for 1 dollar, whhyyy!!!!!!!

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• yaa 9 years ago

  see... NDC vote is not in accra and social media so u ghanaweb stomach editor and npp don't waste ur time on cedi and gdp ok... john Is continuing....nooo ababaaaeee...so stop all this cos nana 72yrs will be home taking care ...
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  see... NDC vote is not in accra and social media so u ghanaweb stomach editor and npp don't waste ur time on cedi and gdp ok... john Is continuing....nooo ababaaaeee...so stop all this cos nana 72yrs will be home taking care of himself and family...no time for oldman...

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• mahama 9 years ago

  We already know that no sensible person in Ghana wsill vote for a party as NDC. So saying that NDC Voters are not from Accra and that from the villages are understood. If that is the case how about you? Reading the news and k ...
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  We already know that no sensible person in Ghana wsill vote for a party as NDC. So saying that NDC Voters are not from Accra and that from the villages are understood. If that is the case how about you? Reading the news and know whats going on but still very foolish?Bae on your analyses its very clear

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• Kanawu 9 years ago

  This is incompetent at its best. This corrupt and thief mahama must be voted out massively.........

  This is incompetent at its best. This corrupt and thief mahama must be voted out massively.........

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• blagodzi 9 years ago

  and if anyone believes the bit where it says that :
  
  "That large deficit incurred in 2012 had a cascading effect on macroeconomic stability in subsequent years. A year later, owing to the ‘rising debt levels’, resultin ...
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  and if anyone believes the bit where it says that :
  
  "That large deficit incurred in 2012 had a cascading effect on macroeconomic stability in subsequent years. A year later, owing to the ‘rising debt levels’, resulting from continued spending overruns and relatively low revenue ratios, Moody’s changed Ghana’s outlook to B1 negative.",
  
  
  then you must be dreaming.
  Mahama and his cohorts have been stealing since day 1

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• Pelicles 9 years ago

  I think Mahama does not understand the meaning of "deficit" else, he will not spend just to win the election. Buying cars and giving out monies is the mentality of most African leaders. They do that just to win elections then ...
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  I think Mahama does not understand the meaning of "deficit" else, he will not spend just to win the election. Buying cars and giving out monies is the mentality of most African leaders. They do that just to win elections then drag the whole nation into an endless or bottomless pit. Ghanaians should brace themselves for more painful measures if Mahama win because he will tax people just to recoup the huge spending he made prior to the election.

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