We won’t use loans for chop-chop – JAK

President Kufuor has charged members of the NDC to stop criticising his Administration for contracting loans from the World Bank, IMF to develop the country.

He subsequently charged them to shut up and stop criticising the Bretton Woods institutions for granting loans to Ghana, adding that, instead, NDC members should be grateful to these institutions for granting loans to the country for its development efforts and project.

According to the DAILY GUIDE, President Kufuor lashed at the NDC for the second time when he cut the sod to begin work on the Mallam-Kasoa road project.

He pointed out that in the world of business, one cannot do without loans explaining that, one has to develop with other people’s money, subsequently, in doing business, one has to go for loans, use them lucratively, repay the principal, and keep the profit.

Source: GhanaWeb

You may like

Laryea Kingston Appointed Head Coach of Uganda’s Junior National Teams

I Don’t Live Too Much In The Past – Otto Addo Ahead of Crucial World Cup Qualifier With C.A.R

It Will Be A Danger To Think We’ve Qualified – Otto Addo Warns Black Stars Ahead of C.A.R Clash

Ogyeahoho Science and Tech Fair: OVER 5,000 STUDENTS TO BENEFIT

Hon. Lawrence Agyinsam Supports 116 Brilliant BECE Candidates with Trunks, Chop Boxes and Mattresses

IGP visits injured officers and sends a high-powered delegation and reinforcement teams to Sampa over recent disturbances

Public notice
WP Radio
WP Radio
OFFLINE LIVE