IMF loan useful to bolster economy - Mahama

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• The mask 11 years ago

  The Bank of Ghana (BOG) has no Eastern Regional headoffice. The BOG must ask for land from the King of Akyem (Okyehene) to construct this building. I don´t believe that the BOG has accurate data of the economic activity in t ...
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  The Bank of Ghana (BOG) has no Eastern Regional headoffice. The BOG must ask for land from the King of Akyem (Okyehene) to construct this building. I don´t believe that the BOG has accurate data of the economic activity in the at least 12 Akyem districts which make up more than half the population on the region. The GDP and GNI of these Akyem districts are very high. They stem from:
  
  Gold mining
  Diamond mining
  Cocoa
  Oil Palm (the largest in West Africa)
  Timber
  Software development
  etc
  
  The money supply and capital in the at least 12 Akyem districts are wholly inadequate. BOG must remove impediments to the setting up of rural banks in these districts and encourage ADB and GCB to open branches in these districts.
  
  The government must further ensure that wholly owned Ghanaian banks, including rural banks, get at least 80% of the banking revenue.

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• Amavie 11 years ago

  When progressive countries are fleeing from IMF, retrogressive countries are flocking to it. Ghana does not have a problem generating money, we have a problem of CORRUPTION. Right from the top, corrupt officials don't get pun ...
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  When progressive countries are fleeing from IMF, retrogressive countries are flocking to it. Ghana does not have a problem generating money, we have a problem of CORRUPTION. Right from the top, corrupt officials don't get punished but are rewarded with positions. Talking about 600,000 public sector employees, what is stopping the president in issuing an ultimatum for all sector Ministers to submit a comprehensive list of all sector employees. If those 'sleeping' Ministers fail to do that, they should be kicked out. I can bet that about 300,000 of those names are ghost names. The leakages in our economy is just frightening and until we grapple with this problem head-on, we will continue to be a BEGGAR NATION! Think about it, these loans are also taxes collected from citizens of respected countries.

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• Edjah-Mensah 11 years ago

  Dr.kwesi Botchwey is responsible for all these IMF thing,after selling most of Dr.Nkrumah"factories,he dismiss thousands of Ghanaian workers.Most of them died as a result.

  Dr.kwesi Botchwey is responsible for all these IMF thing,after selling most of Dr.Nkrumah"factories,he dismiss thousands of Ghanaian workers.Most of them died as a result.

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• NPP FANATIC 11 years ago

  WHEN YOU COME BACK (TONGUE-IN-CHEEK) YOU CAN DECLARE HIPC AND ALL THE LOANS WILL GO AWAY!!! AND THEN YOU CAN CONTINUE YOUR CHOPPING WHERE YOU LEFT OFF!!!

  WHEN YOU COME BACK (TONGUE-IN-CHEEK) YOU CAN DECLARE HIPC AND ALL THE LOANS WILL GO AWAY!!! AND THEN YOU CAN CONTINUE YOUR CHOPPING WHERE YOU LEFT OFF!!!

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• Benjamin okrah 11 years ago

  Are we not ashamed of our selves. A country of all resources. A worse leader of our time.

  Are we not ashamed of our selves. A country of all resources. A worse leader of our time.

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