Boakye Agyarko dismisses reports of rift with Dr Bawumia

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K Poku-London-UK 5 days ago

Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out ...
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Who took Ghana to the IMF in 2022? It was Dr Messiah Bawumia and Ken Ofori Atta- cum Akuffo Addo- The NPP Economic Messiah-Dr Bawumia. Ghana has been to the IMF 18 times- Ghana has spend 40 years under the IMF conditions out of its 68 years history-Ghana IS A FAILED STATE. Dr Bawumia pls aren't you embarrassed by revelations at the PAC on revelations of crime committed by the very people u and Akuffo Addo appointed to run affairs of this country? What record are u going to defend. I have lost respect for you. A muslim without intergrity.
The World Bank has pushed back against the erstwhile Akufo-Addo administration’s long-held narrative that Ghana’s 2022 economic collapse was the result of global turmoil, the COVID-19 pandemic and the Russia-Ukraine war.
Bawumia was the Chairman of the Ghana National Economic Management Committee but he says that he was the Drivers Mate. How can a driver's mate do this when he claims he never had the chance to implement anything in government because the powers that be did not allow him. Yet he wants to claim credit for any good things that he never did yet will refuse to accept responsibility for any failure in their government. How stupid does this man think we are? You took the cedi from 4 to 17 and still had the audacity to tell us the rate of depreciation at that time was better than the previous NDC administration. What at all does this man take us for? Does he think we're stupid or what? Someone should tell this man that we haven't forgotten about the DDEP haircuts and surely we shall punish the npp again come 2028.

It insisted that the economic meltdown was “homegrown”.

In its latest 2025 Policy Notes on Ghana, the Bank made clear that while the COVID-19 pandemic and Russia’s invasion of Ukraine worsened the situation, they were not the root cause.

“The deterioration of global conditions… was not the cause of the 2022 macroeconomic crisis; rather, it merely exposed an economy already beset with deep structural vulnerabilities and precarious macroeconomic conditions,” the report said.

The government has frequently blamed external shocks for the collapse, which saw inflation spiral, the cedi plummet, and the country default on its debt.

But the World Bank said years of weak governance, fiscal indiscipline, and stalled reforms were the real culprits of Ghana's "dark days".

Interbank Market: Cedi trades at GH¢12.35 to $1

The bank also argued that the easy access to international credit and expectations of resource windfalls encouraged short-term political decisions at the expense of long-term stability.

The report noted that the cycle of expansionary spending followed by painful corrections, one that has forced Ghana into 17 IMF programs over the past 68 years, is damaging.

“Sudden macroeconomic stops and crises have led the country to request a record number of IMF programs, remaining under active IMF support for 40 out of its 68 years of history,” the Bank said.

The report also noted that more than 800,000 people were pushed into poverty in the aftermath of the 2022 crisis, with per capita incomes stuck at around US$2,200 for over a decade.

Today, more than a quarter of Ghanaians live below the poverty line, it noted.

Looking ahead, the Bank also raised alarms about Ghana’s fiscal management in the 2024 election year.

It flagged unbudgeted spending commitments of roughly US$4.8 billion, equivalent to 5.7% of GDP, much of it accumulated outside official financial systems.

“Spending indiscipline poses a critical challenge…undermining efforts to maintain fiscal discipline and compromising long-term sustainability,” the report cautioned.

Also, the energy sector arrears still cost around 2% of GDP annually, while COCOBOD’s debts reached US$1.8 billion in 2024, with interventions distorting markets and hurting farmers.

The bank warned that Ghana now stands at a critical crossroads, and temporary fixes will not be enough.

“There is an urgent need to signal a clear break from the past and a commitment to change… Success will ultimately be measured by the ability of the government to regain the trust of its citizens.”

Its recommendations are focused on restoring fiscal discipline, broadening the tax base, reforming state-owned enterprises, and enhancing governance.

Without decisive reforms, the World Bank cautions, Ghana risks remaining trapped in its cycle of crisis and bailouts for decades to come.

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Gregory Afoko 5 days ago

Boakye Agyarko wo b3 wie. John Boadu the akpeteshie drunkard will whip your ass. Insha Allah. Your stupid face looks welded

Boakye Agyarko wo b3 wie. John Boadu the akpeteshie drunkard will whip your ass. Insha Allah. Your stupid face looks welded
Mary Magdalene 5 days ago

Even toilet is far far far better than Bawumia

Even toilet is far far far better than Bawumia
Cool 5 days ago

Do you know that Boakye-Agyarko was a former Deputy MD of New York Bank, one of the biggest banks in USA? What about Asiedu Nketia or Ofosu Ampofo? Can you compare them to Boakye-Agyarko? SHAME ON NDC FOOLS

Do you know that Boakye-Agyarko was a former Deputy MD of New York Bank, one of the biggest banks in USA? What about Asiedu Nketia or Ofosu Ampofo? Can you compare them to Boakye-Agyarko? SHAME ON NDC FOOLS
Nii 5 days ago

NDC is a political grouping for riff-raff and hoodlums, with Palmwine Tappers & Village Thieves as their party Executives. They do not have any corporate mgt experience. Kwaashiaa buuuluuii Kplotooobi

NDC is a political grouping for riff-raff and hoodlums, with Palmwine Tappers & Village Thieves as their party Executives. They do not have any corporate mgt experience. Kwaashiaa buuuluuii Kplotooobi
Pelicles 5 days ago

Your Mahama went to the IMF through the Asantehene and was given $980million instead of $1billion he was looking for. Is the Asantehene part of Mahama cabinet? I know you will doubt that, but it happened during Mahama's presi ...
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Your Mahama went to the IMF through the Asantehene and was given $980million instead of $1billion he was looking for. Is the Asantehene part of Mahama cabinet? I know you will doubt that, but it happened during Mahama's presidency after Mills death.

Before NPP won the 2016 election, Ghana was under the IMF, and who sent Ghana to the IMF then? You live in London, but supports NDC now, which party campaigned against the issuance of Ghana Card and what was their reason?
Mustapha Gbande 5 days ago

See another baboon called Pelicles. Is the Asantehene not a Ghanaian? Woa gyimie dodo

See another baboon called Pelicles. Is the Asantehene not a Ghanaian? Woa gyimie dodo
Pelicles 5 days ago

Your name even suggests how naive you are. Name any of our leaders who sought relieve from the IMF through any local leader? Are you normal?

Look, I hate people who pretends. You are nothing but a feral. Gyimii, a preside ...
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Your name even suggests how naive you are. Name any of our leaders who sought relieve from the IMF through any local leader? Are you normal?

Look, I hate people who pretends. You are nothing but a feral. Gyimii, a president goes to the IMF and was rejected then relied on the Asantehene before getting what he wants, and you don't see nothing wrong with that.

I posted that comment because that K Poku guy who lives in London always posted his irrational comment as if NDC had never sought financial help from the IMF.
Matilda 5 days ago

But has Bawumia washed his anus this afternoon with a Saudi Arabia plastic tea-kettle ?

But has Bawumia washed his anus this afternoon with a Saudi Arabia plastic tea-kettle ?
Nii 5 days ago

NDC Leaders like ET Mensah and their idiotic followers used to carry Toilet in buckets in the 80s in the Night looking for Media houses to pour the content on them. Tooffeeii Gyimiilor. No wonder their kids love Toilets(Faece ...
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NDC Leaders like ET Mensah and their idiotic followers used to carry Toilet in buckets in the 80s in the Night looking for Media houses to pour the content on them. Tooffeeii Gyimiilor. No wonder their kids love Toilets(Faeces)

Pelicles 5 days ago

Mr. Boakye Agyarko, one tree cannot be described as a "Forest" and since the leader of the party has been chosen, all faction should cease with immediate effect because there is no sense in going into the general election wit ...
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Mr. Boakye Agyarko, one tree cannot be described as a "Forest" and since the leader of the party has been chosen, all faction should cease with immediate effect because there is no sense in going into the general election with a fractured political party.

If you know in your heart that you don't like the leader of NPP, it is better you leave than to become an albatross around the neck of the party because NPP is going into the next with a winning attitude, and there is no room for any fractured alliance.

I believe you because you are competing to become the Chairman of the party and such "Out of nowhere" talks or statement will pop up as a campaign strategy. In the end, let the best candidate win to help the leader wrestle power from the pathetic NDC that is just torturing the lives of Ghanaians.
Central Region 5 days ago

Bawumia will dance like an idiot chewing pork meat with akpeteshie from morning to evening for 3 years kwa. Honourable waa wie

Bawumia will dance like an idiot chewing pork meat with akpeteshie from morning to evening for 3 years kwa. Honourable waa wie
John,Tema 5 days ago

NPP Delegates shd be very careful of Latter Day Bawumia friends, they are pretending to love him bcoz of their ulterior motives.The biggest supporters of Dr Mahamudu Bawumia are late Da Rocha,Kufour, Agyarko,late Jake Obetseb ...
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NPP Delegates shd be very careful of Latter Day Bawumia friends, they are pretending to love him bcoz of their ulterior motives.The biggest supporters of Dr Mahamudu Bawumia are late Da Rocha,Kufour, Agyarko,late Jake Obetsebi Lamptey etc. Dr Bawumia needs old friends like Boakye-Agyarko who believed in him when no one knew what he had in him. There are many NPP Leaders trying to get closer to him bcoz of what they want, they may be very dangerous characters who can hurt him when he becomes our President.
Rocky USA 5 days ago

Don't deceive yourself boakye Agyarko. Who is going to vote for Bawumia to be come a president in this country Ghana?. Open your eyes Agyarko. Bawumia has nothing to offer Ghanaians. He is just a comedian to himself. Ghanaian ...
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Don't deceive yourself boakye Agyarko. Who is going to vote for Bawumia to be come a president in this country Ghana?. Open your eyes Agyarko. Bawumia has nothing to offer Ghanaians. He is just a comedian to himself. Ghanaians don't watch their faces up but rather done. Find something better to do. Ofuii
Sekou 5 days ago

Bawumia? That gyimie gyimie comedian? Have I eaten eye butter to vote for that fool? That animal? The turban wearing Mujahadeen bastard? I craze?

Bawumia? That gyimie gyimie comedian? Have I eaten eye butter to vote for that fool? That animal? The turban wearing Mujahadeen bastard? I craze?
John,Tema 5 days ago

Dr Bawumia was vice President for 8yrs without blemish and a flagbearer of NPP in the last elections. He has never been President b4 but many respect & love him bcoz of the way he carries himself with dignity. NDC Supporters ...
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Dr Bawumia was vice President for 8yrs without blemish and a flagbearer of NPP in the last elections. He has never been President b4 but many respect & love him bcoz of the way he carries himself with dignity. NDC Supporters hate him bcoz their leader John Mahama don't have what Bawumia has. What even hurt NDC more is Dr Bawumia's high Credibility, Mahama's moral conduct is so questionable bcoz of the various international criminal scandals that he's engaged in
Body Sculpture 5 days ago

See his face like Ameri Power Plant. Is this not the idiot who misled Akufo Monkey Addo .

See his face like Ameri Power Plant. Is this not the idiot who misled Akufo Monkey Addo .
FTT 5 days ago

You can never win NPP chairmanship, John Boadu as our choice

You can never win NPP chairmanship, John Boadu as our choice
Big Daddy 5 days ago

All NPP people are hero worshipping Bawumia!
Hahaha

All NPP people are hero worshipping Bawumia!
Hahaha
Struggling man 5 days ago

What about Gregory Afoko's brother? That hungry dog

What about Gregory Afoko's brother? That hungry dog

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Boakye Agyarko dismisses reports of rift with Dr Bawumia

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