Ghana government not being smart on borrowing - Dr. John Gatsi

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• EMMANUEL 8 years ago

  Hmmm Ghana dept will the country...is it not thise man before campaign he told Ghanaians that he is not coming to borrow?Eiiii Ghana ebeye gue ooo dabi

  Hmmm Ghana dept will the country...is it not thise man before campaign he told Ghanaians that he is not coming to borrow?Eiiii Ghana ebeye gue ooo dabi

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• Sharp Sharp 8 years ago

  They will to Ghanaians till they can't lie anymore then we will catch them and hang them like the dirty rags they are

  They will to Ghanaians till they can't lie anymore then we will catch them and hang them like the dirty rags they are

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• Kwabena Yeboah 8 years ago

  “The reality is that with or without the IMF programme most MMDAs are under budget and underfunded and very soon some may be incapacitated to deliver public service. It is also possible that most of our sensitive public ser ...
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  “The reality is that with or without the IMF programme most MMDAs are under budget and underfunded and very soon some may be incapacitated to deliver public service. It is also possible that most of our sensitive public service delivery entities, such as training colleges, hospitals, Food and Drug Authority and Standard Authority may be without cash and accumulate new debts for taking relevant supplies on credit. We must improve and diversify our revenue generation,” - Dr. John Gatsi
  
  "We must improve and diversify our revenue generation." This is the message Akufo-Addo NPP is missing.
  
  Dr. John Gatsi is an intellectual who knows what he is talking about. When democratic governments around the world are in deficit they do not borrow to pay down the deficit, rather they raise taxes. This is exactly the point my learned friend is making, but for the average Ghanaian who cannot read and write, let alone comprehend what they read, Dr. Gatsi's point will be too much for many Ghanaians to take in.
  
  Akufo-Addo's government without knowing Ghana's the state of Ghana's revenue situation started to slash taxes. Taxes meant to finance government projects were eliminated en mass without second thought. Up until now, and six months into their term, nobody knows if Akufo-Addo's government has a fiscal policy. It is the blind leading the blind.
  
  I repeat Bawumia is a curse to mother Ghana. This charlatan Bawumia who is leading the NPP economic team is a complete disservice to the country. I believe there are competent Ghanaian credible economists in the country, and to bring this Bawumia on board NPP through the affirmative action for northerns is a great disservice to the nation.
  
  The nondescript Bawumia since his burst into national scene with the help of NPP nation wreckers has been lying himself into a superstar status. Bawumia must have been a very poor student because he does not know most of the things he talks about, but knowing that in the country of the blind the one eyed is king he is using his fake knowledge to bamboozle the uninitiated.
  
  Ghana's cedi never gained strength after Bawumia's redenomination exercise in 2007 and pegging the cedi 93 pesewas to the US$1 on some useless macroeconomics assumptions. It is only in Ghana that this nondescript economist will have an absolute control to manage Ghana's economy. Bawumia is truly a curse to the nation.

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• Patriot 8 years ago

  Is this man claiming to be more knowledgeable than Alhaji?

  Is this man claiming to be more knowledgeable than Alhaji?

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• SoccerInsider 8 years ago

  Is Bawumia the Issac Newton of economics?

  Is Bawumia the Issac Newton of economics?

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• BOY KOFI 8 years ago

  When you borrow money you don't repay with GDP and when you borrow money to pay your debt automatically you debt stock goes up.The decline of GDP ration to GDP,inflation and interest rate HAVE NOTHING TO DO WITH YOUR DEBT STO ...
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  When you borrow money you don't repay with GDP and when you borrow money to pay your debt automatically you debt stock goes up.The decline of GDP ration to GDP,inflation and interest rate HAVE NOTHING TO DO WITH YOUR DEBT STOCK.You still have to pay all the money you have borrowed.Thank you.

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• Kofi Dagbe 8 years ago

  A long distance paper PhD from Swiss Management Center does not make one an economist. He does not even have a Masters Degree in Economics.

  A long distance paper PhD from Swiss Management Center does not make one an economist. He does not even have a Masters Degree in Economics.

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• ghanaba 8 years ago

  Pure lies ...you are the idiot of the century

  Pure lies ...you are the idiot of the century

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• BAB 8 years ago

  AH GHANA IS FINISHED UNDER STUPID AKUFFO DOPE HEAD AND MUTUM BANZA BORROWMIA. USELESS DUO AND CLOWNS IN GOVERNMENT.

  AH GHANA IS FINISHED UNDER STUPID AKUFFO DOPE HEAD AND MUTUM BANZA BORROWMIA. USELESS DUO AND CLOWNS IN GOVERNMENT.

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• Yaw 8 years ago

  Very true. Lies saaaa.

  Very true. Lies saaaa.

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• EK 8 years ago

  Hahahaha see who is talking. Fake PhD holder, tell the whole world where you obtained ur doctorate degree. So-called ucc lecturer. Cheap ass

  Hahahaha see who is talking. Fake PhD holder, tell the whole world where you obtained ur doctorate degree. So-called ucc lecturer. Cheap ass

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• Sankofa 8 years ago

  Such confusion in government.
  
  Nan Addo says the WorlD Bank-IMF programme will end in April 2018. The Finane Minister Ken Ofori-Atta says the programme will end at the end of the Jan to Dec 2018 budget cycle. They say the p ...
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  Such confusion in government.
  
  Nan Addo says the WorlD Bank-IMF programme will end in April 2018. The Finane Minister Ken Ofori-Atta says the programme will end at the end of the Jan to Dec 2018 budget cycle. They say the programme will not be extended.
  
  So who is right?

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• Kwaku 8 years ago

  Àrgentina! Here we come. Greece here we come. Some day soon the debts will be more than revenue and there will be nobody willing to lend us money. When it happens I hope those who borrowed and borrowed would be around to ans ...
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  Àrgentina! Here we come. Greece here we come. Some day soon the debts will be more than revenue and there will be nobody willing to lend us money. When it happens I hope those who borrowed and borrowed would be around to answer.

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