Government pays $349.52 million Eurobond debt service to fulfill 2025 obligations

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• AK 5 months ago

  Robbing Peter to pay Paul. IMF gives Ghana $370 million and we use $349.52 million to pay debt. This is all because an American Senator has lambasted Ghana on how the country is servicing her debt.

  Robbing Peter to pay Paul. IMF gives Ghana $370 million and we use $349.52 million to pay debt. This is all because an American Senator has lambasted Ghana on how the country is servicing her debt.

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• GOLD AND DIAMONDS SMUGGLING OUT OF GHANA DID NOT START TODAY. IT'S A DECADES-OLD PRACTICE. GHANA'S ECONOMY HAS BEEN BLEEDING PROFUSELY SINCE 1957. 5 months ago

  GOOD ROAD CONSTRUCTION IS A SUB-BASE OF 4" THICK LEAN-MIX 4000 PSI CONCRETE REINFORCED WITH BRC MESH, THEN A 2" THICK CAMBERED ASPHALTIC CONCRETE BASE COURSE, THEN A CAMBERED WEARING COURSE OF 2" THICK ASPHALTIC FINE AGGREGAT ...
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  GOOD ROAD CONSTRUCTION IS A SUB-BASE OF 4" THICK LEAN-MIX 4000 PSI CONCRETE REINFORCED WITH BRC MESH, THEN A 2" THICK CAMBERED ASPHALTIC CONCRETE BASE COURSE, THEN A CAMBERED WEARING COURSE OF 2" THICK ASPHALTIC FINE AGGREGATE CHIPPINGS TOP COAT. FINALLY, PRECAST CONCRETE KERBS ON BOTH EDGES TO PROTECT THE EDGES FROM EROSION AND CHIPPING OFF. DIRECTION YELLOW THERMOPLASTIC LIKE MARKINGS COMPLETES THE PROCESS.
  
  CAMBERING THE TOP COATS IS FOR THE RUN-OFF OF SURFACE RAINWATER TO PREVENT "BIRD BATHS" ON THE ROADS AND KEEP THE TOP COAT SURFACE DRY.
  
  THAT'S HOW THE WISE CHINESE CONSTRUCT THEIR DURABLE ROADS. WHAT WE'VE BEEN DOING IN GHANA IS A JOKE. NO WONDER GHANA'S SUBSTANDARD "ROADS" LAST ONLY TWO RAINY SEASONS.
  
  THE NOISE WILL NOT PUNISH GOLD SMUGGLERS. ARRESTS, JAIL TIME AND ASSETS CONFISCATION WILL. GHANA'S CROOKED LEADERS ONLY MAKE NOISE ABOUT TRILLIONS OF DOLLARS OF GOLD SMUGGLED OUT OF GHANA TO DUBAI AND THE WEST.
  
  ATO FORSON KNOWS EXACTLY WHO THE "BIG TIME" GOLD SMUGGLERS ARE, BUT FOR OBVIOUS REASONS, HE PRETENDS HE DOESN'T KNOW WHO THEY ARE.
  
  THE "BIG TIME" GOLD SMUGGLERS ARE TOP GHANAIAN BUSINESSMEN AND WOMEN, SUCCESSIVE LOCAL CHIEFS, GHANAIAN POLITICANS AND PASTORS FRAUDULENTLY USING GHANA'S DIPLOMATIC PASSPORTS AND THE VVIP/VIP LOUNGES AT KOTOKA INTERNATIONAL AIRPORT. SOME EVEN USE PRIVATE JETS TO SMUGGLE OUT GHANA'S GOLD.
  
  THE REST ARE INDIANS AND OTHER SOUTH ASIAN BUSINESSMEN/WOMEN OPERATING IN GHANA, CHINESE, NIGERIANS, SYRIANS AND LEBANESE, PERIOD. THESE ARE THE BIG TIME GOLD SMUGGLERS.
  
  IF ATO FORSON IS PRETENDING HE DOES NOT KNOW THEM, I'VE NAMED THEM FOR HIM TO PURSUE THOSE CRIMINALS, INCLUDING THE LIKES OF WONTUMI AND MANY OTHERS.
  
  GHANA'S ECONOMY HAS BEEN BLEEDING PROFUSELY SINCE 1957. WHY IS AKWATIA, KNOWN FOR MASSIVE DIAMOND RESERVES, STILL A DEPRIVED GHOST TOWN AND A VILLAGE? THE SAME APPLIES TO PRESTEA FOR GOLD. GHANA'S SUCCESSIVE LEADERS HAVE BEEN LOOTING THE ROYALTIES MEANT FOR BRINGING MODERN INFRASTRUCTURE DEVELOPMENT TO THE MANY MINING AREAS IN BANKRUPT GHANA, THEN THEIR NEXT STOP IS THE IMF BEGGING FOR MORE LOANS TO LOOT AND DUMP THE REPAYMENTS ON POOR ORDINARY GHANAIANS TO FORK OUT IN HIGH STATUTORY TAXES, LEVIES AND KILLER PRICE LEVELS OF FUEL AND OTHER CONSUMER PRODUCTS.
  
  GOLD AND DIAMONDS SMUGGLING OUT OF GHANA DID NOT START TODAY. IT'S A DECADES-OLD PRACTICE.

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• Evans 5 months ago

  So this debt was paid from the $370m disbursement from the IMF. Robbing Peter to pay Paul. I am just asking ooooo.

  So this debt was paid from the $370m disbursement from the IMF. Robbing Peter to pay Paul. I am just asking ooooo.

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• Appiah 5 months ago

  Up to now you have not paid the common fund and you are talking about euro bound. Say it but you will not fulfill. Talking Talking nkwawaa

  Up to now you have not paid the common fund and you are talking about euro bound. Say it but you will not fulfill. Talking Talking nkwawaa

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• Prof. USA 5 months ago

  I’m sad for Ghana. What was the Eurobond money used for? One government comes in and borrow money for unnecessary expenditures, and another comes to pay and Ghana has nothing left! We need to start castrating our leaders!

  I’m sad for Ghana. What was the Eurobond money used for? One government comes in and borrow money for unnecessary expenditures, and another comes to pay and Ghana has nothing left! We need to start castrating our leaders!

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