Tag: Mahamudu Bawumia
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Critics of banking sector-clean up have no alternative solutions – Gideon Boako
Dr. Gideon Boako, an economist and spokesperson for the Vice President, Dr. Mahamudu Bawumia, says critics of the Bank of Ghana’s clean-up of the banking sector, have failed to present possible solutions for the crisis that confronted the country’s financial sector. Speaking on Point Blank on Eyewitness News on Citi FM, Dr. Boako stated that…
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Citi Business News Fact-checking: Ghana’s public debt accumulation slows in 11-yrs
The Vice President Dr. Mahamudu Bawumia on Tuesday, February 11, 2020, speaking at a town hall meeting in Kumasi said the pace at which the country’s public debt is rising has slowed down under the Akufo-Addo administration. He further stated that the Akufo-Addo government is the first to have achieved that feat since 2008. Citi…
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Debt rise under Akufo-Addo lowest in a decade – Bawumia
Despite the public debt rising to GH¢214.9 billion as at November 2019, representing 62.1 percent of GDP, Vice President, Dr. Mahamudu Bawumia, says the rate of debt accumulation over the last three years is the lowest the country has achieved in a decade. “The strong fiscal adjustment that has taken place and better debt management…
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21 people being prosecuted for financial misappropriation — Bawumia reveals
Vice President Dr. Mahamudu Bawumia on Friday said the government is putting effective administrative systems and strengthening anti-graft institutions in the quest to combat corruption in the country. In view of that, he said, 21 persons were undergoing trial for misappropriation of public funds and assured of government’s commitment to supporting such prosecutions no matter…