Bawumia's reply on government's borrowing

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Akajatame 8 years ago

Veep president you are stupid keep quiet you people don't know anything stupid human beings

Veep president you are stupid keep quiet you people don't know anything stupid human beings
JOSHUA 8 years ago

I WISH YOUR COMMENT WILL BE CIVIL AND RESPECTFULL BUT SINCE YOU ARE SO IGNORANT AND LESS EDUCATED GO BACK TO THE CLASSROOM TO HAVE ONE. HAVE COMMON SENSE WHEN YOU'RE IN PULIC SPACE OR MEDIUM

I WISH YOUR COMMENT WILL BE CIVIL AND RESPECTFULL BUT SINCE YOU ARE SO IGNORANT AND LESS EDUCATED GO BACK TO THE CLASSROOM TO HAVE ONE. HAVE COMMON SENSE WHEN YOU'RE IN PULIC SPACE OR MEDIUM
Akosua 8 years ago

Please let your language be civil. He is our Veep

Please let your language be civil. He is our Veep
BA 8 years ago

what a doggy response

what a doggy response
BOY KOFI 8 years ago

What about the falling cedi like the London bridge.I'm disappointed in our journalists.Thank you.

What about the falling cedi like the London bridge.I'm disappointed in our journalists.Thank you.
am me 8 years ago

did u really understand what de man says stupid kiliculz

did u really understand what de man says stupid kiliculz
Moses 8 years ago

He made the right point. "IF" you are borrowing rampantly, you can't or won't be seeing a decline in interest rates as evidenced by the decline in the policy rate or the T-bill rates.

So the suggestion by the question that ...
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He made the right point. "IF" you are borrowing rampantly, you can't or won't be seeing a decline in interest rates as evidenced by the decline in the policy rate or the T-bill rates.

So the suggestion by the question that the government was borrowing very rampantly is not backed by the facts or the current macroeconomic indicators.

And by the way, some of the figures used in the question were referring to restructured debt, therefore the debt stock has not actually increased.
Kofi Babone 8 years ago

So why then is the Cedi falling in value.

If the debt stock is declining I expect the market to factor this into the value of the currency.

But from the money markets the Cedi is declining and has already bridge the GHC ...
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So why then is the Cedi falling in value.

If the debt stock is declining I expect the market to factor this into the value of the currency.

But from the money markets the Cedi is declining and has already bridge the GHC5.00 mark to the Euro. Why is that
Kwabena Danso,Gbawe-Accra 8 years ago

NPP's God has spoken and i heard someone's voice at the background saying "it's true ".
But here we are with daily decline of our Cedi suggesting that,Bawumiah's lectures don't match the realities on the ground.

NPP's God has spoken and i heard someone's voice at the background saying "it's true ".
But here we are with daily decline of our Cedi suggesting that,Bawumiah's lectures don't match the realities on the ground.
Nsem fu paaa nie 8 years ago

just pity u.don't know if u r playing politics or the grammar of the journalist that was ur problem?.
if u say no borrowing it means "be it rampant or not u will not borrow"
so man giv us a break!!

just pity u.don't know if u r playing politics or the grammar of the journalist that was ur problem?.
if u say no borrowing it means "be it rampant or not u will not borrow"
so man giv us a break!!

Dada Marcus 8 years ago

GHANA sorry for you.

GHANA sorry for you.
ROGUE LAWYER 8 years ago

you see how your political lies is catching and arresting your display of incompetence?

with this type of analysis and response in a poor economic written easey to such a simple question, if such a man is the head of gh ...
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you see how your political lies is catching and arresting your display of incompetence?

with this type of analysis and response in a poor economic written easey to such a simple question, if such a man is the head of ghana economical team everybody should place his/her hand on their head and cry -we are finish basaaaa.

Tekper was wicked and incompetence but Bawumia is a liar rotten incompetent
Nsem fu paaa nie 8 years ago

Ghana!!!!. Alhaji Bawumia u clearly stated that no borrowing at all during ur campaign.
masa forget d Yawa! Ghanaian r not stupid.
when u were in opposition GDP was 80m but now it has miraculously jump to 200m.
Awww!! Ghan ...
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Ghana!!!!. Alhaji Bawumia u clearly stated that no borrowing at all during ur campaign.
masa forget d Yawa! Ghanaian r not stupid.
when u were in opposition GDP was 80m but now it has miraculously jump to 200m.
Awww!! Ghana !!! wat a deceit,lies
and disheartened politician.
just within 6month u have started swallowing ur words
Borrowmia 8 years ago

please all the noise doesn t answer the question!

please all the noise doesn t answer the question!
Yaw 8 years ago

Liar. You guys have nothing to offer the nation. Same old shit.

Liar. You guys have nothing to offer the nation. Same old shit.
Yaw 8 years ago

Any government that borrow is incompetent and you turn around to do same. Now you see there's a clear difference between tall on a campaign platform and actual leading.

Any government that borrow is incompetent and you turn around to do same. Now you see there's a clear difference between tall on a campaign platform and actual leading.
Musah Hussein Banka 8 years ago

Bernard's question was a cleaver one,but riddled with some factual inaccuracies and flawed impressions.First of all it is factually inaccurate to quote the GDP of Ghana as 80billion GHC within the first six months of this ye ...
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Bernard's question was a cleaver one,but riddled with some factual inaccuracies and flawed impressions.First of all it is factually inaccurate to quote the GDP of Ghana as 80billion GHC within the first six months of this year.Secondly,it is woefully flawed to suggest that this GOV'T borrowed half of GDP within the first quarter of their first year.And last but not least,it is theoretically naive to question the modus operandus of borrowing by a Gov't without recourse to the prudence or otherwise of it.
Boboobo 8 years ago

They don't read FINANCIAL TIMES and if they do, I don't think they understand anything, Ghanaian politicians are so deceit this man was crying wolf wherever he goes,when they were in opposition that Ghana has everything it t ...
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They don't read FINANCIAL TIMES and if they do, I don't think they understand anything, Ghanaian politicians are so deceit this man was crying wolf wherever he goes,when they were in opposition that Ghana has everything it takes not to borrow from outside and that we will use our own God giving resources to build our nation now look within 7 months how much loan they have acquired, Ghana politicians should be buried face down when they dies, they don't deserve any respect in the society. They are all bunch of armed robbers.
ugly akufo addo 8 years ago

Dr idiot di33 , he is a useless fool

Dr idiot di33 , he is a useless fool
Julius Asare 8 years ago

Fellow countrymen, if we have $400 billion bauxite deposit underground in this blessed country,why do we go cap-in-hand borrowing to the unholy tune of 72% of our GDP? This is the question we should be asking John Mahama,Set ...
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Fellow countrymen, if we have $400 billion bauxite deposit underground in this blessed country,why do we go cap-in-hand borrowing to the unholy tune of 72% of our GDP? This is the question we should be asking John Mahama,Seth Terkper,Fifi Kwetey(Mr setting the records straight), Ato Forson and the rest of the rip-off brigade. Why then did Dr Bawumia come to look us in the eye and lie like hell that they won't borrow when they come to power ? I tell you that he was simply double crossed by the brigands who sold 58% of the bauxite deposit on the quite and for chicken feed to Ibrahim Mahama and Co.if 58% of $400 billion is $232 billion,where is that money?how come non of us ordinary Ghanaians hear of this sale until the current government came to power? Had we been paid just a $100 million for the 58% deposit,wouldn't you and I have heard of this? To cut a long story short,this current government assumed the reigns of power only to realise that the coffers were leaking like sewage and all this cash gone so they said well let's borrow in the interim but borrow smart by going for cheaper loans to pay off the humongous heap of higher interest loans incured by the brigands which in any case does not add anything to the heap and then "leverage" 5% of this bauxite deposit for $19 billion to give all Ghanians breathing space and restart the economic recovery afresh.fellow country men and women,what these very brigands label as 19 billion loan is simply a mortgage of 5% of our collective patrimony at the right price in order to overhaul the entire economy and see Ghana change positively in the next 6 months.however what no one seems to be asking is how come the brigands didn't bring back to us our 232 billion dollars after the outright sale of 58% of our deposit? Do we know what 232 billion dollars would have done for 27 million people?it would have meant that if only we choose to,no body in Ghana will work for 4 good years and still get paid at the end of every month,just eating,sleeping,getting high and frolicking if you like for 4 plus good years.no one is asking where is the that money.rather the very brigands and their cohorts and of course some poor souls who don't know any thing different are saying that Dr Bawumia has gone to borrow 19 billion to add to our debt stock.isn't it interesting to note that it is mainly some first timers to parliament who want to be heard and noticed by all means who are now championing the noise about borrowing 19 billion.the rip-off brigand are silent and are not even talking.where is Mr Setting the records straight? He is also in parliament.

FOOLISH OLD PIG AS PRESIDENT 8 years ago

Julius Asare you are a complete goat. Fool.Sell the bauxite to Chinese,Vietnamese, Papua Guineans but not to Ghanaians. Stupid fool

Julius Asare you are a complete goat. Fool.Sell the bauxite to Chinese,Vietnamese, Papua Guineans but not to Ghanaians. Stupid fool
Akora 8 years ago

Nsem pii

Nsem pii
Akosua 8 years ago

Where is the Christian Council and civil society in Ghana? Lies and deceit erodes credibility and TRUST which is a foundation of relationships and society. Ghana will suffer if we allow lies to be exalted. Ghanaians please r ...
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Where is the Christian Council and civil society in Ghana? Lies and deceit erodes credibility and TRUST which is a foundation of relationships and society. Ghana will suffer if we allow lies to be exalted. Ghanaians please rise up oo. Fight for the truth.

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Bawumia's reply on government's borrowing

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