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

GFA President Kurt Okraku Appointed Chair of CAF Interclubs Committee

We are Preparing Through ‘Economic’ Ways Ahead of President’s Cup Clash with Kotoko: Hearts of Oak head coach Didi Dramani

Ghana’s Education Minister Haruna Iddrisu Secures AC Milan Trials for 5 Young Talents

Police Arrest Man for Murder of Man who Allegedly is in Relationship with his Ex-Wife

GTEC Boss Denies Political Motive Behind Crackdown on Fake Academic Titles

Mahama pledges to implement Constitution review recommendations

Public notice

Mobile applications

Our mobile app is optimized for your phone. Download it for free!

Connect With Us

© 2025, dailypost | All Rights Reserved.
WP Radio
WP Radio
OFFLINE LIVE