test

Ghana’s debt was GHS35bn when I was exiting Finance Ministry, it’s now GHS600bn – Duffuor.

Former Finance Minister Dr Kwabena Duffuor has said the current debt situation in the country is frightening.

He recounted that when he was leaving the Finance Ministry as the sector Minister after being appointed by the late Professor John Evans Atta Mills, the debt was GHS35 billion.

However, he said, it is currently GHS600 billion.

Addressing delegates of the NDC as part of his campaign to be elected flagbearer of the NDC, the former Governor of the Bank of Ghana said “Ghana’s debt is currently about GHS600 billion when I was leaving the Finance Ministry it was only GHS35billion.”

“This is frightening,” he added

He added “When it comes to the economy, actions speak louder than words. My record speaks for itself and it is clear that I have the experience and vision to fix the economy within two years.

“With my leadership, we will create jobs, stabilize the economy, and ensure that our country’s development is on the right track. Inflation will drop further to below 9 per cent, within 31 months. Let’s work together towards a better future for all Ghanaians.”

 

Recent Articles

Introducing Jab Mechanical & Air Conditioning Services – Top Mechanical Engineering Service Provider

JAB Mechanical and Air Conditioning Service is a proud Kalgoorlie, Australian-based mechanical engineering company. They have some of the best mechanical engineers in Kalgoorlie,...

Buy your ECG Prepaid online or via app in 2024: A Quick & Easy Guide

Tired of waiting in long lines to top up your ECG mobile credit? Say goodbye to wasted time and hello to convenient online and...

How to Reverse MTN Mobile Money Transfer in Ghana : Step-by-Step Guide:

Welcome to our easy guide on how to reverse MTN Mobile Money transfers in Ghana! If you've made a mistake or need to cancel...

Ayoba App: Everything You Need to Know from Download to Features

Ayoba is a popular African communication platform. The South African-developed app is an innovation of Progressive Tech Holdings in Mauritius and is managed by...

How to Organize Your Books in Apple Books

If you're an avid reader and start using Apple Books regularly, the app can get messy quickly. You'll soon find a clutter of books...

Related Stories