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Government officials don't read - Bawumia

Dr Bawumia claimed government had increased Ghana’s debts on infrastructural investments.

 

Dr Bawumia was reacting to a statement from the Minister of Communication Dr Edward Omane Boamah, purporting to respond to issues raised by Bawumia during a lecture at the University for Development Studies, Wa Campus.

But Omane Boamah said, "Government has noted a number of false and or misleading claims attributed to Dr Mahamadu Bawumia, the third time running mate to the New Patriotic Party (NPP) flagbearer."

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In a Facebook post on Wednesday, Dr Bawumia said "What is clear to me (and confirms my long held suspicion) is that members of this government, handed the mandate to manage our destinies as a nation, do not read. Worse of all, as I said on 14th February, 2015, at a forum at the University for Development Studies, what is most unfortunate about this whole episode is the fact that the government doesn’t even seem to know how much it has borrowed."

He said "he has on several occasions tried to educate the government on what the true value of their borrowing is “but try as I do, it is clear the government is committed to either not reading and understanding the extent of their reckless borrowing or is only following their usual path of deceit and propaganda".

He added that "Contrary to what the government will have us believe, exchange rate depreciation has rather reduced the book value of Ghana’s debt in dollar terms. So that even though government has borrowed the equivalent of $37 billion in 7 years, the book value of the debt would be some $26 billion (GHS 99 billion) by the end of 2015. It is important to understand this point because it appears that this government does not."

Click to read Dr Bawumia's full statement: Government officials don't read - Bawumia

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