Government Bond Issues ‘Uninformed’ Minority must read - Bawumia

Vice President Dr Mahamudu Bawumia accused the Minority of never understanding the economy of the country hence the need for them to read to widen their scope.

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Vice President Dr Mahamudu Bawumia play

Vice President Dr Mahamudu Bawumia

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Ghana’s Vice President Dr Mahamudu Bawumia has charged the Minority in Parliament to read in order to get themselves informed on the matter of the $2.25 billion bond issued by the government.

This follows allegations by the Minority that the bond was issued for cronies of the Minister of Finance and also did not go through the required process.

But responding to the claims Dr Bawumia who is currently in Washington attending the World Bank/IMF spring meeting told the media the Minority lacks “understanding in managing the economy.”


READ ALSO: I wasn’t privy to $2.25bn bond issue – Gloria Akuffo

“It shows a lack of understanding. The minority has never understood this economy. It shows ignorance and I’m so sad this is coming from people who should know better,” he added.

He rather urged them to read for a better understanding.

“Maybe they should read a little… we are doing even much better…they are really demonstrating a lot of ignorance in the process of managing the economy.”

READ ALSO: Ignore Minority’s claims on bond auctions – Finance Ministry

Haruna Iddrisu play

Haruna Iddrisu


Meanwhile, the Minority has called for a Parliamentary probe into the matter and also demanded that the Finance Minister, Ken Ofori Atta steps down.

But A Deputy Finance Minister Kwaku Kwarteng has responded that the Minister will not resign and dared the Minority to go to court if they believe there is a breach of law.

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