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Ghana not struggling with personal debt disaster beneath Bawumia Sam Jonah bought it all incorrect – Kojo Opoku



A member of the New Patriotic Celebration (NPP) states he has study with utter dismay sure comments produced by a senior citizen, Sam K. Jonah, in the media.

Razak Kojo Opoku said the comments sought to develop or fueled the incorrect impression that Ghana was enduring a credit card debt crisis beneath the watch of Vice President, Dr. Mahamudu Bawumia.

A assertion signed by the Public Relations practitioner claimed, “I obtain this gloom-ridden assertion as regrettable and inapt, specifically as it is emanating from an person who is currently being described in the media circles as a senior citizen. Mr. Sam Jonah must have utilised this chance better than he did.”

“For documents, it is completely bogus that the existing governing administration carries on to borrow hugely to shell out, plunging the nation into a personal debt disaster,” the assertion reported.

It mentioned all the economic indicators cited by Mr. Sam Jonah to aid his argument was obviously inconsistent with the real condition of the Ghanaian economic system.

The assertion said the Presidency of Nana Addo Dankwa Akufo-Addo and Vice President Dr Bawumiah Bawumia’s governing administration inherited a massive debt coupled with a distressed economy.

It explained even in the encounter of the excruciating financial situations, the Akufo-Addo-Bawumia’s federal government inherited, the federal government has managed properly to honour the social deal the New Patriotic Celebration (NPP) signed with Ghanaians by utilizing most of the insurance policies and programmes they promised the good men and women of Ghana.

The assertion claimed, So considerably so excellent, the Akufo-Addo-Bawumia’s federal government has executed a ton of economic transformative guidelines and programmes aimed at bringing the economic system back to lifestyle, adding, the points and figures speak for the government’s better performance in this circumstance.

It reported even if monies have been elevated by President Akufo-Addo-Bawumia’s govt mostly by means of bonds, it was crucial to point out that these types of monies have been utilised to carry out procedures that have been non-existent because the 4th Republic.

“Heavily cash intensive projects these kinds of as One-District-A single-Manufacturing facility, A single-Village-One particular-Dam, Planting for Meals and Work opportunities, A person-Constituency-1-Ambulance, Railway Infrastructure, Digitization and Digitalization of the Ghanaian economic system are all projects that are financed by the bonds lifted by the Akufo-Addo-Bawumia’s government”.

The statement reported Mr Sam Jonah really should have at the very least proven appreciation to the good initiatives executed by the Akufo-Addo-Bawumia’s authorities aimed at formalizing the overall economy, making sure a quickly price of growth in all the parts of the overall economy and positioning Ghana to contend relatively and squarely with the superior economies.

“We all know the outcomes of the COVID-19 on the planet economic climate and Ghana in distinct. The governing administration of Akufo-Addo-Bawumia offered cost-free drinking water, free of charge energy and free food stuff to Ghanaians. At the exact same time, about 88 district hospitals are getting created to transform the healthcare system in Ghana.

“All these endeavours are supported by the bonds and the domestic revenue generation endeavours of Akufo-Addo-Bawumia’s government”.

It additional that it was quite sad and even regrettable to read Mr Sam Jonah’s commentary on the mining market and that historic data on Ghana’s mining seriously do not even favour Sam Jonah’s contributions to the particular sector of the financial state.

“Mr San Jonah did not place any steps in put to prevent Galamsey in Obuasi when he was the President/Chief Executive Officer of Ashanti Goldfields Company and did not put any efforts to change the Obuasi mining community”.

“Currently, senior citizen Sam Jonah is the proprietor and Executive Chairman of Jonah Capital, an fairness fund dependent in Johannesburg, South Africa and if he means properly for the country’s economic transformation, he wouldn’t have established up and operated his enterprise in South Africa”.

The assertion stated Mr Sam Jonah pays bulk of his taxes, which includes company taxes to the government of South Africa to the detriment of the Ghana’s govt and issue how Mr Sam Jonah want Akufo-Addo-Bawumia’s government to end borrowing if he is repeatedly investing in the South African financial system and paying taxes to the South African federal government ratter than Ghana.


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