Aggressive austerity could slow Ghana's long-term economic growth - Prof Bokpin

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Good Lord 18 hours ago

Ah so what do they work with everyday to go to work, according to the the logistics to work with air not there eh, Ghanaian Book professors , no theory have they been able to develop up now to run African economies.
When th ...
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Ah so what do they work with everyday to go to work, according to the the logistics to work with air not there eh, Ghanaian Book professors , no theory have they been able to develop up now to run African economies.
When they are given the management of the economy to run they can't
Book long without practical application 18 hours ago

Only talk talk as if they know something, reading someone else ideas to have certificate is all that we black are good at

Only talk talk as if they know something, reading someone else ideas to have certificate is all that we black are good at
Please save me my fellow Ghanaians,i'm a 28 years old Ghanaian lady that was scammed by some Nigerians, i'm currently serving a 2 years jail term in a Nigerian prison,i can be reached on WhatsApp via +2348140725576 to explain what happened 12 hours ago

it all started few years ago when i received a Facebook message that a travel agency in Lagos Nigeria was recruiting Ghanaians and Nigerians for jobs in Canada, i sold everything i had and borrowed money from a lot of people ...
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it all started few years ago when i received a Facebook message that a travel agency in Lagos Nigeria was recruiting Ghanaians and Nigerians for jobs in Canada, i sold everything i had and borrowed money from a lot of people and kept sending them money for the travel to Canada, when i ran out of money to send to them, they invited me to Lagos that my visa is ready, when i got to Lagos they took the remaining money i had on me and took my phone and refused to give me my passport that i posted to them earlier from Ghana, i was left stranded and was sleeping under a bridge with some other homeless people and was begging people during the day for help to go back to Ghana, police raided the place i was squatting after some days and arrested everybody there, they took us to court because hard drugs and guns were found on some prostitutes and thugs squatting there, i was sentenced to 2 years in prison because i had nobody and lawyer to defend me, i will finish serving my sentence in 3 months time and deported to Ghana, my fellow Ghanaians please help me with any amount you can spare so i can eat and treat myself, i have been sick and i have not eaten good food for sometime now, i don't want to die now my freedom date is near, no amount is too small to help me with, i will appreciate any amount sent to me and God will bless and reward the sender abundantly, i can work for the sender when i return to Ghana in 3 months time to pay back, we manage to use smuggled phones here to beg people through Facebook and other social media platforms, this is how most prisoners here survive because we are very desperate, the situation here is so terrible, horrible and pathetic, infact we are in hellfire here, people die everyday here from starvation and minor illnesses like malaria and ulcer, please i need help urgently, i need to eat good food and buy malaria drugs to treat myself, the food they give us here is small portions of watery beans and jollof rice that can't satisfy a child, when an inmate is sick here and doesn't have money to buy medication, the prison warders will ignore you until you die or recover without taken medication, they may only give you paracetamol and antibiotics if you cry too much, but if you have money, the prison warders can buy for you good food and medicines from outside, i can be reached on WhatsApp via +2348140725576, this is my cellmate's number, some warders smuggle in phone for people here if you bribe them, i don't have a phone, when you chat, tell her you want to chat with Sandra so she can give the phone to me, please help make my story go viral so i can get help by posting my story and my cellmate's WhatsApp number: +2348140725576 on Facebook and WhatsApp groups, please i need help, i'm suffering a lot here.

70
Please save me my fellow Ghanaians,i'm a 28 years old Ghanaian lady that was scammed by some Nigerians, i'm currently serving a 2 years jail term in a Nigerian prison,i can be reached on WhatsApp via +2348140725576 to explain what happened 12 hours ago

it all started few years ago when i received a Facebook message that a travel agency in Lagos Nigeria was recruiting Ghanaians and Nigerians for jobs in Canada, i sold everything i had and borrowed money from a lot of people ...
read full comment

it all started few years ago when i received a Facebook message that a travel agency in Lagos Nigeria was recruiting Ghanaians and Nigerians for jobs in Canada, i sold everything i had and borrowed money from a lot of people and kept sending them money for the travel to Canada, when i ran out of money to send to them, they invited me to Lagos that my visa is ready, when i got to Lagos they took the remaining money i had on me and took my phone and refused to give me my passport that i posted to them earlier from Ghana, i was left stranded and was sleeping under a bridge with some other homeless people and was begging people during the day for help to go back to Ghana, police raided the place i was squatting after some days and arrested everybody there, they took us to court because hard drugs and guns were found on some prostitutes and thugs squatting there, i was sentenced to 2 years in prison because i had nobody and lawyer to defend me, i will finish serving my sentence in 3 months time and deported to Ghana, my fellow Ghanaians please help me with any amount you can spare so i can eat and treat myself, i have been sick and i have not eaten good food for sometime now, i don't want to die now my freedom date is near, no amount is too small to help me with, i will appreciate any amount sent to me and God will bless and reward the sender abundantly, i can work for the sender when i return to Ghana in 3 months time to pay back, we manage to use smuggled phones here to beg people through Facebook and other social media platforms, this is how most prisoners here survive because we are very desperate, the situation here is so terrible, horrible and pathetic, infact we are in hellfire here, people die everyday here from starvation and minor illnesses like malaria and ulcer, please i need help urgently, i need to eat good food and buy malaria drugs to treat myself, the food they give us here is small portions of watery beans and jollof rice that can't satisfy a child, when an inmate is sick here and doesn't have money to buy medication, the prison warders will ignore you until you die or recover without taken medication, they may only give you paracetamol and antibiotics if you cry too much, but if you have money, the prison warders can buy for you good food and medicines from outside, i can be reached on WhatsApp via +2348140725576, this is my cellmate's number, some warders smuggle in phone for people here if you bribe them, i don't have a phone, when you chat, tell her you want to chat with Sandra so she can give the phone to me, please help make my story go viral so i can get help by posting my story and my cellmate's WhatsApp number: +2348140725576 on Facebook and WhatsApp groups, please i need help, i'm suffering a lot here.

72
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2011 Corolla XLE - Alloy + Formica 20K GHS
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2018 Benz C300 30K GHS
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Louis 7 hours ago

This economist reminds me of Bawumia. I've leant that there is a difference between theoretical analyses and practical work. The man says that the realisation of macroeconomic stability is good but it was too aggressive. Look ...
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This economist reminds me of Bawumia. I've leant that there is a difference between theoretical analyses and practical work. The man says that the realisation of macroeconomic stability is good but it was too aggressive. Look, this country was downgraded to junk state under the Bawumia-Akufo Addo regime. We were still under the IMF programme when this happened. Getting out of this tantrum needed a herculean task of discipline and good financial management practices. IMF guidelines in themselves couldn't stop inflation hitting 54% during the past administration. Prof. Bokpin says government is paying salaries but e pedicure on goods and services had been cut by some 47% and concludes therefore that this could stifle the long term economic growth of the country. I beg to differ on this assertion. The government, creating the necessary environment for growth will depend on laying the requisite infrastructure. Building a cathedral will not do that. Constructing roads, developing the real sectors is the answer for a smooth sail-off. The big-push roads, investment in the energy sector, providing adequate security among others and with good monetary policy where the lending rate for example has nose-dived, certainly will spark expansion spear-head by the private sector. Prof Bokpin seems to argue that the wage bill had risen. Yes, that's fair enough. He knew government had to recruit a lot more into the security services and the health and education sectors. There are a lot of benefits thereof. Government is spending on very relevant sub-sectors in order to pave the way for a take-off. If revenue is now the watchword, government has put in measures like the utilisation of the Publican to check irregularities at the ports. Moreover, government, though can access the bond market, is notready to do so. Government is being prudent in the utilisation of its s are resources in order to achieve maximum results. Government spending on the most effective sub-sectors that would generate growth does not mean it has embarked on severe austerity measures. At any rate, you cut your cloth according to your size. Government should not copy the abysmal performance of the past government.
Louis 7 hours ago

This economist reminds me of Bawumia. I've leant that there is a difference between theoretical analyses and practical work. The man says that the realisation of macroeconomic stability is good but it was too aggressive. Look ...
read full comment

This economist reminds me of Bawumia. I've leant that there is a difference between theoretical analyses and practical work. The man says that the realisation of macroeconomic stability is good but it was too aggressive. Look, this country was downgraded to junk state under the Bawumia-Akufo Addo regime. We were still under the IMF programme when this happened. Getting out of this tantrum needed a herculean task of discipline and good financial management practices. IMF guidelines in themselves couldn't stop inflation hitting 54% during the past administration. Prof. Bokpin
says government is paying salaries but expenditure on goods and services had been cut by some 47% and concludes therefore that
this could stifle the long term economic growth of the country. I
beg to differ on this assertion. The government, creating the necessary environment for growth will depend on laying the
requisite infrastructure. Building a cathedral will not do that. Constructing roads, developing the real sectors is the answer for
a smooth sail-off. The big-push roads, investment in the energy sector, providing adequate security among others and with good
monetary policy where the lending rate for example has nose-dived,
certainly will spark expansion spear-headed by the private sector. Prof Bokpin seems to argue that the wage bill had risen.
Yes, that's fair enough. He knew government had to recruit a lot more into the security services and the health and education
sectors. There are a lot of benefits thereof. Government is
spending on very relevant sub-sectors in order to pave the way for
a take-off. If revenue is now the watchword, government has put
in measures like the utilisation of the Publican to check
irregularities at the ports. Moreover, government, though can
access the bond market, is not ready to do so. The government is being prudent in the utilisation of its scarce resources in order to achieve maximum results. Government spending on the most
effective sub-sectors that would generate growth does not mean it
has embarked on severe austerity measures. At any rate, you cut
your cloth according to your size. Government should not copy the
abysmal performance of the past government. In as much as we are versed in intellectual discussions, it is most beneficial to the people when our arguments are apt when subjected to scrutiny.

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Aggressive austerity could slow Ghana's long-term economic growth - Prof Bokpin

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