Government should stay away from the heritage fund

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• Kwabena Danso,Gbawe-Accra 8 years ago

  I agree with the writer 100% in that the Heritage Fund as i am anticipating now will eventually be depleted with time since debits are going to outweigh credits to this Fund and thereby getting the economy crushing gradually ...
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  I agree with the writer 100% in that the Heritage Fund as i am anticipating now will eventually be depleted with time since debits are going to outweigh credits to this Fund and thereby getting the economy crushing gradually.
  I think the advisors of his Excellency should take a second look at this proposal.

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• Kweku 8 years ago

  It is called Heritage Fund precisely because it is not supposed to be used today. If it is, then it's no longer a Heritage fund.
  
  At any rate, it's only 9% of what accrues to Ghana from our oil earnings. It is not much at ...
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  It is called Heritage Fund precisely because it is not supposed to be used today. If it is, then it's no longer a Heritage fund.
  
  At any rate, it's only 9% of what accrues to Ghana from our oil earnings. It is not much at all given that our oil output is not much. But it is money we can put aside that will gradually grow and earn interest. We cannot start using it now.
  
  From the scale of the promised free SHS, it won't even be enough. I also agree that money for the free SHS should be found from the normal revenue sources. And the normal sources includes revenue from oil - the 91% of our share that is not Heritage Fund.

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• ChrisC 8 years ago

  Dr. Ackah stay in your NDC and ACEP, in the unlikely event NDC wins an election you can advice them, meanwhile the NDC dipped its hands in state coffers and stole fourteen million dollars to build a Veep residence, isn't that ...
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  Dr. Ackah stay in your NDC and ACEP, in the unlikely event NDC wins an election you can advice them, meanwhile the NDC dipped its hands in state coffers and stole fourteen million dollars to build a Veep residence, isn't that money worth protecting? Or it is loose change, what an embarrassment you are.

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