Kpandai Dispute: Bawumia slams Parliament for undermining precedents, democratic tenets

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Haooo 7 months ago

Look who is talking

Look who is talking
Solo 7 months ago

He is the dancing goat from Zimbabwe. Very incompetent. Cola nut chewing bastard. Bawumia the Agbogbloshie toilet man

He is the dancing goat from Zimbabwe. Very incompetent. Cola nut chewing bastard. Bawumia the Agbogbloshie toilet man
Benji 7 months ago

Look at one of the sankwas.

Look at one of the sankwas.
K. Opoku-London-UK 7 months 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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Kojo poku-London UK3 weeks ago
@ZZ

Get lost. Donald Trump has said the worst things. Trump is a racist openly but he won the elections in the USA. Ken Agyapong is telling the TRUTH. The Northerners vote on tribal lines. Every Northerner is supporting Bawumia.

66666666666666666688888888888
TonyB 7 months ago

You are a hypocrite Where were you when the liberty of Gyakye Quayson was being trampled upon by your Government He should follow the appeal process and stop the unnecessary noise Parliament can only act based on the courts d ...
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You are a hypocrite Where were you when the liberty of Gyakye Quayson was being trampled upon by your Government He should follow the appeal process and stop the unnecessary noise Parliament can only act based on the courts decision
Erik 7 months ago

But for my upbringing i would've used some unprintable words. Doesn't mr 38% know where to seek redress if he thinks something is not right. The npp parliamentary candidate who felt he has been unfairly treated did what the l ...
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But for my upbringing i would've used some unprintable words. Doesn't mr 38% know where to seek redress if he thinks something is not right. The npp parliamentary candidate who felt he has been unfairly treated did what the law says. Take the EC to court to put an injunction on the by election. That's what all sensible and law abiding persons will do and not the way you're going about it
Oblense Mbedwo 7 months ago

Wise man and intelligent you spoke very well

Wise man and intelligent you spoke very well
K. Opoku-London-UK 7 months 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 ...
read full comment

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.

=-=====------
=============================
7656

reply
Kojo poku-London UK3 weeks ago
@ZZ

Get lost. Donald Trump has said the worst things. Trump is a racist openly but he won the elections in the USA. Ken Agyapong is telling the TRUTH. The Northerners vote on tribal lines. Every Northerner is supporting Bawumia.

66666666666666666677777777
Quame 7 months ago

Mahamadu Bawumia, you’re free to be disappointed. We won’t hold it against you as a person. However, we are waiting for you to express same in your ow performance the last eight years you saved as Vice President and Head ...
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Mahamadu Bawumia, you’re free to be disappointed. We won’t hold it against you as a person. However, we are waiting for you to express same in your ow performance the last eight years you saved as Vice President and Head of the Economic Management Team.
Are you proud of your performance? Are you happy with how the exchange rate exposed your incompetence? The mess you led us into is still being fixed by another we voted for.
The irony of life is that you are quick to speak out against what you believe isn’t right but hasn’t been able to apologize to the many good people you misled into voting for you and your boss, only to be disappointed.
There is so much you owe the Ghanaian people an apology for. Your area of expertise exposed you, please don’t venture into law where you’re not an authority.
Kpandai 7 months ago

Somebody educate us. What are the sins or facts of the case. Why run after so many seats including hunting for more seats through bye elections which have resulted in deaths, mailings, violence etc. Fixing a bye election at t ...
read full comment

Somebody educate us. What are the sins or facts of the case. Why run after so many seats including hunting for more seats through bye elections which have resulted in deaths, mailings, violence etc. Fixing a bye election at the dearth of the year 2025 and the dawn of a brand new year 2026 is very insensitive with the potential of loss of life during violent bye election, acrimonious campaigns, Akwatia, Navrongo, Kumawu, Odododiodoo, Ayawaso, Atuwa and numerous others. Is that what the good people of Ghana needs. We are not thinking and praying on what portends the nation in the coming year 2026, all we care for is politics. Please let's be careful and thread cautiously.

Victor 7 months ago

I haven’t read anything Bawumia because to me he doesn’t make sense!
What does he know about parliamentary procedures?
Whoever has been advising him is actually misleading him!

I haven’t read anything Bawumia because to me he doesn’t make sense!
What does he know about parliamentary procedures?
Whoever has been advising him is actually misleading him!
Pee 7 months ago

Bawumia learn to keep quiet, you don't understand the law. I will advise you forget about your presidential ambitions

Bawumia learn to keep quiet, you don't understand the law. I will advise you forget about your presidential ambitions

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Kpandai Dispute: Bawumia slams Parliament for undermining precedents, democratic tenets

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