Gov't considers issuing long term bonds

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• GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

  its bonds aimed at boosting infrastructural development in the country. PAYING THE PRICE FOR INCOMPETENCE. FOOLS IN MANAGEMENT. U NEED THE WORLD BANK TO TELL YOU TO SELL BONDS? HOW MANY GH OWNED COMPANIES ARE LISTED ON THE GH ...
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  its bonds aimed at boosting infrastructural development in the country. PAYING THE PRICE FOR INCOMPETENCE. FOOLS IN MANAGEMENT. U NEED THE WORLD BANK TO TELL YOU TO SELL BONDS? HOW MANY GH OWNED COMPANIES ARE LISTED ON THE GH STOCK EXCHANGE? A NATIONS'S ECONOMY IS REFLECTED ON ITS STOCK EXCHANGE...THIS IS COMMON SENSE!

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• sam jr 12 years ago

  The minister sounds broke and near bankruptcy.

  The minister sounds broke and near bankruptcy.

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• Nicholas 12 years ago

  This is a sign of financial desperation by our governement. The minister of finance rushing out to arrange for more borrowing after the country's rating has just been revised to negative?
  What interest rate is the finance mi ...
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  This is a sign of financial desperation by our governement. The minister of finance rushing out to arrange for more borrowing after the country's rating has just been revised to negative?
  What interest rate is the finance minister expecting our country to pay? We can always borrow, but at cost?
  What happened to the to $1 billion loan from China? was that just a campaign issues?

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• Victor A. Young 12 years ago

  This what I hate about the NDC; they'll always pretent to know better. But with all these news and figures about our economy, it's obvious that they know nothing! They hate the progress of Akans who constitute majority as a t ...
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  This what I hate about the NDC; they'll always pretent to know better. But with all these news and figures about our economy, it's obvious that they know nothing! They hate the progress of Akans who constitute majority as a tribe; they won't allow any Akan near the throne or presidency by foisting their will on Ghanaians through stealing of the ballot.
  
  Before the December elections, I posted many times that Ghanaians and the NPP should watch the NDC very carefully because they had planned to steal the ballot. Many people didn't believe what I posted. Some were angry; eg. Ghanaweb and MyJoyonline. Now the evidence is clear!
  
  They're back again with their rhetoric; they cannot do anything good for Ghana. Infact the NDC don't have any clues about how to manage Ghana's economy. They couldn't do it in 19yrs, but for some strange reasons, they want to stay in power for 8yrs, because according to them, once elected (Atta-Mills' govt) they have to rule for 8yrs, just as Kuffour did---even when it's obvious that they can't do any good for Ghana.
  
  The Supreme Court should spare Ghana help Ghana regain its glory and move forward by making sure that the will of the silent majority prevails. Nana Akufo-Addo and Dr. Bawumai are poised to lead our great nation into prosperity for all. But the NDC by the help of EC's Kwadjo Afari-Gyan have deceived our nation, by stealing the December elections.
  
  Let's all hope and pray that our Noble Justices at the Supreme Court will have the courage and a free conscience to make a sound judgement or ruling on the electoral fraud case that's be for it. May God help Ghana; and may He make our Nation great and strong. Amen!

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• KOGYAM58 12 years ago

  "Also, he said government is considering exporting power to expand into oil services, adding, “We want to make Ghana a hub of the oil services industry.”

  "Also, he said government is considering exporting power to expand into oil services, adding, “We want to make Ghana a hub of the oil services industry.”

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• Pelicles 12 years ago

  Running their mouth and making gargantuan promises is what they know best. Ghana cannot exit this man made phenomenon and NDC is having "nightmares" of making Ghana a hub of the oil services industry. Very interesting inde ...
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  Running their mouth and making gargantuan promises is what they know best. Ghana cannot exit this man made phenomenon and NDC is having "nightmares" of making Ghana a hub of the oil services industry. Very interesting indeed.

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• Results Talk 12 years ago

  All time high in 2000...125.4%= NDC govt
  All time low in 2007....26.2% = NPP govt
  Which govt can manage Ghana's economy?

  All time high in 2000...125.4%= NDC govt
  All time low in 2007....26.2% = NPP govt
  Which govt can manage Ghana's economy?

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• GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

  BONDS DONT YIELD ANY RETURNS. THE INTEREST ON BONDS ARE USUALLY CAPPED AT A LEVEL. IN WESTERN NATION, INVESTORS DONT PUT THEIR MONEY IN BONDS BUT IN THE SHARES OF THE COMPANY. ONLY TIME TO INVEST IN BONDS IS WEN THE FIGURES H ...
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  BONDS DONT YIELD ANY RETURNS. THE INTEREST ON BONDS ARE USUALLY CAPPED AT A LEVEL. IN WESTERN NATION, INVESTORS DONT PUT THEIR MONEY IN BONDS BUT IN THE SHARES OF THE COMPANY. ONLY TIME TO INVEST IN BONDS IS WEN THE FIGURES HVE NO CAP/LIMIT. GH IS AN INVESTORS PARADISE SO ISSUING BONDS IS NOT A GOODLOOK. LIST THE GH COMPANIES ON THE STOCK EXCHANGE N SELL SHARES. THIS WILL MOTIVATE THE CEO'S OF THE RESPECTIVE GOVT COMPANIES TO PULL THEIR PANTS UP N GET RESULTS...REVENUE. RIGHT NOW, ALL THEY KNOW IS STEALING.....

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• Cornell 12 years ago

  Long term debt issuance is not conducive at this point in the current economic climate. We should only consider long term debt when there is stabilization in fiscal and monentary policy to the extend that the yield structure ...
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  Long term debt issuance is not conducive at this point in the current economic climate. We should only consider long term debt when there is stabilization in fiscal and monentary policy to the extend that the yield structure would also be in our favour. The costs of servicing longterm debt especially when the yield curve is upward can be crippling to a nation such as Ghana. The idea is good but the timing isn't right. Consider it when debt to GDP is below 60%.

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