You are here: HomeBusiness2014 07 23Article 318091

Ghana's external debt now $12b

This article is closed for comments.

Read Comments Comments (12)

  • Linda 9 years ago

    Hmm, so much loans & debts & nothing to show for it.

  • KANAWU 9 years ago

    SANITARY PADS? NKOMFEM? TOOTHPICKS? WHAT DID THEY SPEND THE MONEY ON? FOR THE LOVE OF GHANA, PLEASE RESIGN.

  • THE CHOSEN ONE 9 years ago

    THESE KOKOASI NKURASIFO, GIVE THEM TEN YEARS AHEAD FOR DELIBERATION. THEY WILL END UP SAYING ITS NOT ENOUGH.
    YE NIM WON EFIRI TITI. ANYTHING FOR THE GOOD OF THE COUNTRY IS NOT GOOD TO THEM.
    THEY WERE TESTED AND WE ALL SAW ...
    read full comment

  • Naija boy 9 years ago

    Just meet dangote and beg him maybe and just maybe he would help lol

  • Georgee 9 years ago

    We are chasing Nigeria after they had Oil. It is sad.

  • DZIGAMAN 9 years ago

    It is not about how much a country owes but about whether they are able to service or manage that debt.The question is ,are we using that money to improve the lives of our people or is it going into the pockets of individuals ...
    read full comment

  • Oburoniwewu 9 years ago

    Dzigaman you said it all. All those so called developed countries are built on dedts but the money they borrow is used wisely to develop and improve the lives of their people in general.
    Africans borrow money not to improve ...
    read full comment

  • asembeba 9 years ago

    ghanas external debt now 12b dollars

  • EZEKIEL 9 years ago

    Whiles you are EASILY contracting Loans AGAIN ,part of it for your CUTS, and the rest in buying buses, REMEMBER the SAME BUSES -BRAND in China don't run through POT-HOLED ROADS, are maintained REGULARLY and MANAGED properly!
    ...
    read full comment

  • Haile Mengistus Manasseh V11 9 years ago

    Ignorant fools. Even the great economies of the world are in debt. The number one one the list is the " Mighty USA ". It is funny a comment that money is borrowed to buy sanitary pads. Those who pass such comments are the ver ...
    read full comment

  • Expert 9 years ago

    Ghana will soon not be able anymore to service its foreign debt, that's the problem. The freaking insane discussions are a second problem, but they reflect clearly why the economy is in trouble...

  • Sankofa 9 years ago

    The Thatcherite principle of fiscal prudence says you borrow within your ability to repay.

    So long as the loan is being invested in productive ventures of the economy, the expectation is that it will pay for itself when it ...
    read full comment