A former Deputy Finance Minister, Mrs Mona Helen Quartey, has said the Akufo-Addo-led government is adopting a “lazy” approach in building the economy.
According to her, the government lacks ideas on how to transform the Ghanaian economy to the benefit of all Ghanaians.
Speaking at a public forum of the opposition National Democratic Congress on Ghana's economy in Accra on Thursday, 4 April 2019, Mrs Quartey said: “They talk about an inclusive transformation agenda. But this is a lazy approach to building our economy.
“This current government lacks awareness because they seemed to be totally not in touch with the realities on the ground.
“In spite of their PhDs, they lack knowledge. They have totally misled not just their own people but they have misled all of Ghana. They have shown that they have bad traits and they are up to mischief. Oh Bawumia why?”
Also speaking at the event, the Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, said a chunk of the $3 billion raised from the recently-issued Eurobonds by the government, will end up with “family and friends”.
Mr Adongo, a Member of the Finance Committee of Parliament, expressed worry that Ghana has moved from an era of borrowing to secure the future of the younger generation, to an era of borrowing for consumption.
He pointed out that: “If you take 2019, the $3 billion they borrowed, $2 billion is for the budget. Only $390 million will be spent on capital expenditure. $1.61 billion will go into family and friends, you know it”.
Mr Adongo also said: “In 2018, we [Ghana] went to borrow $750 million [but] we spent only $119 million on capital expenditure; $631 million, we spent on consumption. Our children will have to come and pay for this and they [the government] have nothing to show”.
Source: classfmonline.com
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aaaaaaaaa mona i forgive you. so i want talk. all that am saying is ka wo ano pado wo hom!!!!! hwe asem mona, hmmmmm
I listened to your 7 minutes presentation and you were not making any sense to me. The only person who made sense during the presentation was John Jinapo. The rest are all the same like unique FM.
you have knowledge but failed miserably we can't trust ndc anymore because they have no credibility
NDC IS REALLY EXPOSED. SO FAR NONE OF THEM HAS PUT UP ANY SENSI-BLE ARGUMENT. SO THEY RULE IN THE IMMEDIATE PAST FOR 8 YEARS!!!. ARE NOT PhDs AND PROFESSORS WHO TEACH IN THE UNIVERSITY???
Where are your policy altenatives, thats what we want to hear period.
Madam, you are ***barred word*** about many things. Please be serious. If these are the best brains in NDC, then we are trouble. Non of them made any sensible argument.
This mediocrity is legendary! Bawumia warned you that if you want to rebut, you should do so with concrete facts and figures. This is shameful. Madam Morna, your poem had no single data reference and you talked like you were addressing foot soldiers at a campaign rally. This is cheap and shameful. Is that all NDC can offer? Where are the Kwesi Botchweys, the Spios, the Tekpers and the Nana Ato Dadzies? These ones are mere jokers
Chris Cuomo, CNN, "Facts matter", Anti please you were there not long ago BUT unable to even stop "dumso". Anti how can I trust you again? Anti, do you understand microeconomics? I listened to Dr. Bawumia and the team very well but they are not taking Ghana back as you and your boss (you know whom am talking about) did. Anti be patient and pray for them because they are very serious people. I don't think they need your expertise because you already failed Ghanafoo. Anti try to convince me, why your boss was unable to solve dumso, what about health insurance, school feeding and free SHS? Anti count me for one vote in 2020!!!!!!!
Is this not the same point the woman is making. All she is saying is that they have all those degrees but they are empty of substance and practicality.
I hope you didn't say it. These men are creme de last creme of economics in Ghana