Analysis: Ghana's poor bond performance

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• GEORGE 11 years ago

  Economic Partnership Agreements (EPAs) are legally binding bilateral contracts between the European Union and individual African countries. Once signed, EPAs warrant that within a decade, about 80% of that country’s market ...
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  Economic Partnership Agreements (EPAs) are legally binding bilateral contracts between the European Union and individual African countries. Once signed, EPAs warrant that within a decade, about 80% of that country’s market should open to European goods and services.
  
  To their credit and through commendable negotiation dexterity, negotiators from various African countries have managed to exclude a number of subsidized agricultural products and sensitive industries from the negative elements of EPA stipulated market liberalization.
  
  But this is as much a pyrrhic victory as any, since prematurely opening markets translates into African agricultural and non-agricultural production finding it very difficult to compete with the most likely cheaper, perhaps better quality and even larger supply of goods and services from European countries.

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• Abayifo3 Master 11 years ago

  Ghana should do what we are best at and do it extremely well and import what we do poorly. Therefore, even if "Adoa" dance is the only thing Ghana is good at we should promote and export our dancing skill to every corner of t ...
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  Ghana should do what we are best at and do it extremely well and import what we do poorly. Therefore, even if "Adoa" dance is the only thing Ghana is good at we should promote and export our dancing skill to every corner of the world and import everything else, and our economy will be viable so far as the value of our single export does not exceed the sum total of our imports.

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• HAZOR 11 years ago

  When Mahama propose $750million bond,Ipropose to people not patronise the bond for it will not go nowhere and it is 419 bogus scam and they will fill for bankruptcy to declare bad debt.Bonders did not realise that Mahama did ...
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  When Mahama propose $750million bond,Ipropose to people not patronise the bond for it will not go nowhere and it is 419 bogus scam and they will fill for bankruptcy to declare bad debt.Bonders did not realise that Mahama did not propose what market the bond is going to finance and there was no promising at any market field where transaction is booming.Mahama was focus on taxes to pay bonders of their dividens.I don't want to procede further kept important detail for future unless this toddles administration can figure out themselves.

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• Concerned 11 years ago

  Public Wage bill is blamed for the high level of borrowing, but this gov't is simply lying about the what is causing the problem
  
  The former Deputy Bank of Ghana Governor said the single spine salary structure cannot also b ...
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  Public Wage bill is blamed for the high level of borrowing, but this gov't is simply lying about the what is causing the problem
  
  The former Deputy Bank of Ghana Governor said the single spine salary structure cannot also be blamed for the depreciation. He argued that in 2008 a little over 1 billion was used to pay salary of workers. In 2012 however that amount rose to a little over 6 billion cedis. While it is true that the wage demand under the SSSS has increased by about GH¢4.8 billion between 2008 and 2012, government revenue has jumped from GH¢4.8 billion to GH¢15.5 billion over the same period. He said what it means is that that workers' productivity have increased to over billion 10.6 billion which is more than twice the increase in wage bill.

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