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Business News Mon, 3 Sep 2018

100-year $50bn bond worrying – Economist

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Comment: ALL BLAMES FOR MAHAMA

Author:
SINAPI
Date:
2018-09-03 22:45:01
Comment to:
100-year $50bn bond worrying – Economist

If there are huge debts to pay by gov, due to previous gov loans, so how can the current gov pay that debts and strategically find a way to fulfill his vision for nation within maximum tenure of 8 yrs?? Ede bee keke the only legacy was huge debts. Most important gov loans should help the country develop so that gov can raise enough revenue to pay debt. Previously Mahama annual budget, 30% for loans interest, 40% for salaries, and the rest 30% how can you use that for national development without expanding size of economy. I fully understand NPP gov, economy needs to be expanded for development, so national revenue can be triple or quadruple. The choice for bigger loans for long term payment is the best., this is not ede bee keke, this is realistic national upliftment.

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SINAPI on Sep 3, 22:45
ALL BLAMES FOR MAHAMA