{"id":605136,"date":"2019-04-04T23:01:20","date_gmt":"2019-04-04T23:01:20","guid":{"rendered":"<br><div>\n<p class=\"floatLeft\">General News of Thursday,  4 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>classfmonnline.com<\/p>\n2019-04-04\n\n<div class=\"article-left\">\n<p class=\"article-image\"><img src=\"https:\/\/cdn.ghana-mma.com\/2019\/04\/28"},"modified":"2019-04-04T23:01:20","modified_gmt":"2019-04-04T23:01:20","slug":"in-spite-of-phds-they-lack-knowledge-oh-bawumia-why-mona-quartey","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/04\/04\/in-spite-of-phds-they-lack-knowledge-oh-bawumia-why-mona-quartey\/","title":{"rendered":"&#8216;In spite of PhDs, they lack knowledge; Oh Bawumia, why?&#8217; \u2013 Mona Quartey"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"floatLeft\">General News of Thursday,  4 April 2019<\/p>\n<p class=\"floatRight\"><strong>Source: <\/strong>classfmonnline.com<\/p>\n<p>2019-04-04<\/p>\n<div class=\"article-left\">\n<p class=\"article-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.ghanamma.com\/2019\/04\/28418594.295.jpg\" alt=\"Mona Quartey 10 4 2016\" title=\"Mona Quartey 10 4 2016\" width=\"295\" height=\"277\" \/><span class=\"image_caption\"><span>Former Deputy Finance Minister, Mrs Mona Helen Quartey<\/span><\/span><\/p>\n<\/div>\n<p style=\"clear:right\">A former Deputy Finance Minister, Mrs Mona Helen Quartey, has said the Akufo-Addo-led government is adopting a \u201clazy\u201d approach in building the economy.<\/p>\n<p>According to her, the government lacks ideas on how to transform the Ghanaian economy to the benefit of all Ghanaians.<\/p>\n<p>Speaking at a public forum of the opposition National Democratic Congress on Ghana&#8217;s economy in Accra on Thursday, 4 April 2019, Mrs Quartey said: \u201cThey talk about an inclusive transformation agenda. But this is a lazy approach to building our economy.<\/p>\n<p>\u201cThis current government lacks awareness because they seemed to be totally not in touch with the realities on the ground.<\/p>\n<p>\u201cIn spite of their PhDs, they lack knowledge. They have totally misled not just their own people but they have misled all of Ghana. They have shown that they have bad traits and they are up to mischief. Oh Bawumia why?\u201d<\/p>\n<p>Also speaking at the event, the Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, said a chunk of the $3 billion raised from the recently-issued Eurobonds by the government, will end up with \u201cfamily and friends\u201d.<\/p>\n<p>Mr Adongo, a Member of the Finance Committee of Parliament, expressed worry that Ghana has moved from an era of borrowing to secure the future of the younger generation, to an era of borrowing for consumption.<\/p>\n<p>He pointed out that: \u201cIf you take 2019, the $3 billion they borrowed, $2 billion is for the budget. Only $390 million will be spent on capital expenditure. $1.61 billion will go into family and friends, you know it\u201d.<\/p>\n<p>Mr Adongo also said: \u201cIn 2018, we [Ghana] went to borrow $750 million [but] we spent only $119 million on capital expenditure; $631 million, we spent on consumption. Our children will have to come and pay for this and they [the government] have nothing to show\u201d.<\/p>\n<\/div>\n<p>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a style=\"display:none\" rel=\"follow\" href=\"http:\/\/megatheme.ir\/\" title=\"\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633\">\u0642\u0627\u0644\u0628 \u0648\u0631\u062f\u067e\u0631\u0633<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General News of Thursday, 4 April 2019 Source: classfmonnline.com 2019-04-04 Former Deputy Finance Minister, Mrs Mona Helen Quartey A former Deputy Finance Minister, Mrs Mona Helen Quartey, has said the Akufo-Addo-led government is adopting a \u201clazy\u201d approach in building the economy. According to her, the government lacks ideas on how to transform the Ghanaian economy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":605137,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-605136","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>&#039;In spite of PhDs, they lack knowledge; Oh Bawumia, why?&#039; \u2013 Mona Quartey - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2019\/04\/04\/in-spite-of-phds-they-lack-knowledge-oh-bawumia-why-mona-quartey\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"&#039;In spite of PhDs, they lack knowledge; Oh Bawumia, why?&#039; \u2013 Mona Quartey - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"General News of Thursday, 4 April 2019 Source: classfmonnline.com 2019-04-04 Former Deputy Finance Minister, Mrs Mona Helen Quartey A former Deputy Finance Minister, Mrs Mona Helen Quartey, has said the Akufo-Addo-led government is adopting a \u201clazy\u201d approach in building the economy. 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