IMF bailout or not, 2015 will be a difficult year – Econs Prof

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• Batman 10 years ago

  Tafiakwa

  Tafiakwa

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• PRINCE KWASI ADADE (OFIE P33) 10 years ago

  AUTHOR: STEVOO-------
  GOD ISNT STUPID LIKE US, WE REAP WHAT WE SOWED,,,,WE SOWED FAKE JUDGEMENT DEBTS, ALMOST ONE BILLION DOLLARS....WE SOWED WOYOME 45 MILLION DOLLARS, WE SOWED WATERVILLE 46 MILLION DOLLARS,.....WE SOWED GY ...
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  AUTHOR: STEVOO-------
  GOD ISNT STUPID LIKE US, WE REAP WHAT WE SOWED,,,,WE SOWED FAKE JUDGEMENT DEBTS, ALMOST ONE BILLION DOLLARS....WE SOWED WOYOME 45 MILLION DOLLARS, WE SOWED WATERVILLE 46 MILLION DOLLARS,.....WE SOWED GYEEDA, SUBAH, SADA, ....WE SOWED INFLATED CONTRACTS LIKE SIX CLASSROOM BLKS COSTING 400,000.00 GHC UNDER NDC INSTEAD OF 80,000.00 UNDER NPP....WE SOWED 8.7 BILLION GHC OVEREXPENDITURE IN 2012 JUST FOR NDC AND JOHN MAHAMA TO WIN ELECTIONS....WE SOWED A GREAT DEAL OF THIEVERY AND CORRUPTION WHILST MEN OF GOD AND DUNCAN WILLIAMS CONTINUE TO SIT IDLE BY OR GOT INVOLVED IN THIEVING THEMSELVES.......SO WHAT IS DUNCAN WILLIAMS SAYING TO GOD.....WE ARE REAPING WHAT THE NDC GOVT HAS SOWED.

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• OLD SOLDIER 10 years ago

  BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!! WHERE DID GHANAIANS GO WRONG TO SUFFER LIKE THIS? YOU MAHAMA BUILDING YOUR HOTELS ABROAD, AFRIYIE ANKRA BUYING MANSIONS AT EAST LEGON, OKUDJETO ACQUIRING FILLING STATIONS ALL OVER, TOGBUI AF ...
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  BBC NEWS!!!!!!!!!!!!!!!!!!!!!!!!!! WHERE DID GHANAIANS GO WRONG TO SUFFER LIKE THIS? YOU MAHAMA BUILDING YOUR HOTELS ABROAD, AFRIYIE ANKRA BUYING MANSIONS AT EAST LEGON, OKUDJETO ACQUIRING FILLING STATIONS ALL OVER, TOGBUI AFEDE FILLING HIS BANK ACCOUNTS ABROAD< ASIEDU NKETIA SPREADING FILLING STATIONS ALL OVER BRONG AHAFO AND BUYING MANSION IN CALGARY CANADA, HANNA BISSIW ,OYI LITHUR ANITA DISOSO SPREADING MONEY AS IF GHANA HAS NO PROBLEM

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• David 10 years ago

  I dont see your suffering because it is imaginary. I suffered under Kuffour and I am happy now.You are stupid to think those who dont think or vote like you ARE STUPID. FOOL

  I dont see your suffering because it is imaginary. I suffered under Kuffour and I am happy now.You are stupid to think those who dont think or vote like you ARE STUPID. FOOL

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• Pelicles 10 years ago

  Just wait and see. If it comes, you will feel the pain no matter where you live. IMF will not come a butter your bread for you. They come in and force you to swallow a bitter pill.
  
  Mahama and his team will downplay this w ...
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  Just wait and see. If it comes, you will feel the pain no matter where you live. IMF will not come a butter your bread for you. They come in and force you to swallow a bitter pill.
  
  Mahama and his team will downplay this warning but we live to see.

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• Pelicles 10 years ago

  When Bawumia warned that our stupid spending spree will force us to go to the IMF, he was insulted. Was he right or wrong? We all know the pain that comes with the IMF program yet, we chose that path. Bad leadership surro ...
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  When Bawumia warned that our stupid spending spree will force us to go to the IMF, he was insulted. Was he right or wrong? We all know the pain that comes with the IMF program yet, we chose that path. Bad leadership surrounded by blood-hound dogs, is the reason why we are in this mess.
  
  Those who will rubbish this warning should cast their minds back to JJ's era Structural Adjustment Program initiated by the IMF. It was very scary. That was one of the toughest era in the history of Ghana.

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• Kofi Ameyaw,London. 10 years ago

  Who is that your thingod Bawumia was he not there when you took ghana to hipic?

  Who is that your thingod Bawumia was he not there when you took ghana to hipic?

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• Pelicles 10 years ago

  Have you ever thought of why Ghana went to HIPIC? When Kufuor took over from JJ, Ghana was totally broke and going hipic was the only option.
  
  Right now, it is a different story. Going to the IMF at this time is poor spen ...
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  Have you ever thought of why Ghana went to HIPIC? When Kufuor took over from JJ, Ghana was totally broke and going hipic was the only option.
  
  Right now, it is a different story. Going to the IMF at this time is poor spending and thievery. How much was pumped into SADA and what come out of it? Stealing at an alarming level as if there is no tomorrow, is the reason why we are going to the IMF. Trust me, if the IMF comes with their "self discipline" cost cutting measures, every Ghanaian will feel the pain and if our leaders have any sense, why should they spent money like drunken sailors for someone to come and tell them to be "prudent"?

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• Lord Tennison 10 years ago

  If NASA's latest imaging of a Saudi oil field is authentic,then Ghana should gear up for a long haul of low crude oil price on the world market. The Saudis will most likely stand their ground unperturbed.They will not sit on ...
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  If NASA's latest imaging of a Saudi oil field is authentic,then Ghana should gear up for a long haul of low crude oil price on the world market. The Saudis will most likely stand their ground unperturbed.They will not sit on that gigantic oil deposit and go hungry!A persistent low crude oil price will negate the benefits of our drop-in-the-ocean oil find.
  About gold,the price now seemingly glued to an average of $1200/ounce,a fund management business in Texas has veered from the traditional holding of gold bullion derivatives to the physical storage of gold in order to influence demand and hold down price.Should there be any copy cats,then the price of gold should not be expected to reach the vicinity of the $2000/ounce that we tasted of very soon(at least,not during the presidency of John Mahama).The implication being low foreign exchange revenue/reserve,low GDP contribution and high unemployment in the gold mining sector.
  In the absence of an IMF condition to withdraw subsidies on refined petroleum products in exchange for an enticing 'golden handshake',i would have suggested an impacting reduction in the aforementioned;the only way to take compensation from the mix-blessing of the crude oil price reduction.
  Undoubtedly,the IMF bailout will provide an ephemeral relief.But it CANNOT prevent the economic shocks emanating from a strong US economy and currency,i.e. the dumping of gold as a store of value in favor of the US dollar,the destabilization of the Cedi and competition for capital consequent to capital flight towards the green back.
  The NDC has solved all our socio-economic problems with their deafening trumpets(they have many of them!).Hence,the squandered opportunity to change the lives of majority of Ghanaians with the black gold discovery.They do not have the wherewithal to manage our economy.
  Our plight has been as a result of poor leadership,try and error/reelection-motivated policies,property grabbing and massive
  stealing.
  The reason Ghanaians did not give the NPP another mandate to prolong the good days of JAK,but opted for gross incompetence is the missing piece of my puzzle.It will continue to beat my imagination.
  I envisage a change of heart in 2016,the epitome of the prodigal son, for a turn around for the better.
  Only capitalism will enrich us.So vote for the NPP come 2016!

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• SIMON 10 years ago

  WHY AMERICAN, SPAIN, PORTUGAL ITALY GOVERNMENT DON'T ASK FOR IMF HELP EVEN THOUGHIMF, WORLD BANK HEADQUATERS IS IN NEW YORK. AMERICAN GOVERNMENT DID HAVE SERIOUS GOVERNMENT SERVICES SHUTDOWN WHICH CONTINUES AS WELL AS LOT ECO ...
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  WHY AMERICAN, SPAIN, PORTUGAL ITALY GOVERNMENT DON'T ASK FOR IMF HELP EVEN THOUGHIMF, WORLD BANK HEADQUATERS IS IN NEW YORK. AMERICAN GOVERNMENT DID HAVE SERIOUS GOVERNMENT SERVICES SHUTDOWN WHICH CONTINUES AS WELL AS LOT ECONOMIC CRISIS BUT YET NEVER GO TO IMF OR WORLD BANK FOR ASSISTANCE. GHANAIANS SHOULD LEARN HOW TO LEAVE WITHIN THEIR MEANS, BE PRUDENT, USE TECHNOLOGY, EDUCATION, PROSECUTE WHITE CRIMES, GOVERNMENT LOOTS, STOP THE LIPSING ONCE AND FOR ALL

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• Jojo 10 years ago

  GREECE HAS NOT BEEN PRODUCTIVE THAT IS WHY THEY CONTINUE TO SEEK ECONOMIC AID FROM THE EUROPEN UNIION.
  
  WITHOUT PRODUCTIVE ECONOMY, MANUFACTURING, PROCESSING AND PRODUCT DEVELOPMENT,THERE WILL BE A CONTINUATION OF BAILOUT F ...
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  GREECE HAS NOT BEEN PRODUCTIVE THAT IS WHY THEY CONTINUE TO SEEK ECONOMIC AID FROM THE EUROPEN UNIION.
  
  WITHOUT PRODUCTIVE ECONOMY, MANUFACTURING, PROCESSING AND PRODUCT DEVELOPMENT,THERE WILL BE A CONTINUATION OF BAILOUT FROM IMF AND WORLD BANK TO SERVICE NATIONAL BUDGETS.
  
  WHAT NATION CAN BE ABLE TO SURVIVE A DAY.
  
  TIME TO PRESSURE THE SO CALLED EDUCATED TO BE PRODUCTIVE.
  
  THEY WERE NOT EDUCATED TO BE PARASITES ON THE NATIONAL RESOURCES OF GHANA.
  
  WITHOUT PRODUCTIVITY A NATIION PLUNGES TO UNDDRDEVELOPMEMNT,DESTITUTION AND EXTREME POVERTY.
  
  TO BE FORWARNED IS TO BE FORARMED

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