Tag Archives: World Bank
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SPECIALISTS IN LIES AND PROPAGANDA SHOULDN’T BE MANAGING OUR ECONOMY – BAWUMIA


Dr. Mahamudu Bawumia has bemoaned the current government’s focus on gaining propaganda value in the management of the economy instead of taking real steps to fix the economy and make life better for the ordinary Ghanaian.

Dr. Bawumia made the comments during an interaction with the media in Tamale as part of activities rounding up his seventeen (17) day tour of the Northern Region which has been described as very successful.

Responding to a question from Mohammed Boderigbin, Northern Regional Correspondent of the Ghanaian Observer, on his criticisms on the management of the economy, Dr. Bawumia said, “We talk about the economy because Ghanaians are suffering under what can be described as a basic mismanagement of the economy. Read more…

Akufo-Addo Urges Government and ECOWAS to Rally behind Mrs. Ngozi Okonjo-Iweala for TOP World Bank Job


The New Patriotic Party and its Presidential Candidate have been closely monitoring the election for the next president of the World Bank.

We are pleased to note that the candidate of the Federal Republic of Nigeria, Mrs. Ngozi Okonjo-Iweala has received widespread support across the continent of Africa and beyond.

The world is facing one of its most complex financial and economic challenges which have brought instability in many hitherto stable economies.  The ongoing international financial and economic crisis has further exacerbated the already precarious financial and economic conditions in many African countries. This has repercussions for the long term development agenda of our continent. Read more…

WORLD BANK OFFERS GUIDELINES AGAINST “WHITE ELEPHANT PROJECTS”


The World Bank has urged Ghanaians to expand public discussions on the controversial record loan facility from China to focus more on interrogating the efficient use of the funds and the nature and scope of the projects selected in order to achieve the desired national development results.

Speaking at a public forum on the $3 billion Chinese Development Bank loan for infrastructural development, organized by the Danquah Institute, the resident Chief Economist of the World Bank, Sebastien Dessus, has called for a competent assessment of infrastructural projects to ensure that Ghana consistently gets value for money and that such investment spending does not disturb future national budgets and the country’s ability to pay off its debts. Read more…


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