2016 flagbearer of the opposition New Patriotic Party, Nana Addo Dankwa Akufo-Addo, says he may review the almost $1 billion International Monetary Fund loan Ghana received this year if voted into power next year.
In an interview this week, Nana Addo, who has wrapped up a nationwide tour to preach peace amongst Party faithful, questioned government’s appetite for borrowing, insisting it’s becoming a problem.
“The appetite of this government for borrowing is a major problem,” Nana Akufo-Addo, the presidential candidate of the New Patriotic Party, said in an interview on Wednesday in the capital, Accra.“The future of our country is being mortgaged.
“The economy is going to be the major issue of this election.
“We are going to let Ghanaians know that we can manage this economy in a much better manner than they have seen.”
The NPP is promising to offer a decent Ghana than the John Mahama-led government is presently leading, and has so far run a subtle campaign that seeks to ridicule the ruling government’s gains.
Ghana raised some 1 billion dollars in Eurobonds on October 8.
Some additional $500 million more in debt may be issued this year, officials of the Finance Ministry say.
Source: GhanaWeb
