{"id":1145627,"date":"2022-07-09T19:43:40","date_gmt":"2022-07-09T19:43:40","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/07\/09\/figures-do-not-lie-eurobond-receipts-from-successive-govt-revealed-nana-has-broken-the-chart\/"},"modified":"2022-07-09T19:43:40","modified_gmt":"2022-07-09T19:43:40","slug":"figures-do-not-lie-eurobond-receipts-from-successive-govt-revealed-nana-has-broken-the-chart","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/07\/09\/figures-do-not-lie-eurobond-receipts-from-successive-govt-revealed-nana-has-broken-the-chart\/","title":{"rendered":"Figures do not lie: Eurobond receipts from successive govt revealed, Nana has broken the chart"},"content":{"rendered":"<p><\/p>\n<div>\n<article>\n<p>Now and then, successive Ghanaian governments move swiftly to seek financial assistance, meanwhile, you have properties that can pay all our debts and rebuild this nation from scratch to a world standard. Africa is not poor but lacks genuine leaders who have the tenacity to transform the continent.<\/p>\n<p>Seeking International help in terms of the financial crisis is not new in the African political space and it&#8217;s mostly provided by the International Monetary Fund or Eurobond. The &#8216;Economic Management&#8217; has necessitated going for financial support, for which we will appear momentarily relieved, and then get back to hard times because the bailout also comes with its cost.<img decoding=\"async\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/07\/64d38b1424374081a335484ff65675de\"\/><\/p>\n<p>Successive Governments have sought financial aid and it has been so for a very long time. However, the current administration&#8217;s borrowing supersedes all of the previous government.<\/p>\n<p>The breakdown of Ghana&#8217;s Eurobond is as follows:1. Kufuor\u2019s government borrowed USD750 million Eurobond<\/p>\n<p>2. Atta-Mills did not have any Eurobonds at all<\/p>\n<p>3. Mahama\u2019s government borrowed USD3.5 billion\u00a0<\/p>\n<p>4. Nana Akufo-Addo\u2019s government has borrowed USD13.5 billion in Eurobonds to date. This is just within five years.<img decoding=\"async\" src=\"http:\/\/www.ghanamma.com\/wp-content\/uploads\/2022\/07\/a6ae7ce2eed049d7a6df150515cb382b\"\/><\/p>\n<p>Anybody remembers the bashings that past administrations received for their debt binge? Politics is an interesting thing.<\/p>\n<p>Content created and supplied by: Winnerwriter (via  Opera<br \/>\nNews )<\/p>\n<\/article>\n<p class=\"copyright hide\">\n<span class=\"content\">    ,  .   ,     .       () , , , , , , , , .      \/ ,  and\/or  .     ,  , and\/or  ,      and\/or     <\/span><br \/>\n<span class=\"see-more\"><\/span>\n<\/p>\n<section class=\"tags\">\nAfrica<br \/>\nEurobond<br \/>\nGhanaian<br \/>\nInternational<br \/>\nNana<br \/>\n<\/section>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Now and then, successive Ghanaian governments move swiftly to seek financial assistance, meanwhile, you have properties that can pay all our debts and rebuild this nation from scratch to a world standard. Africa is not poor but lacks genuine leaders who have the tenacity to transform the continent. Seeking International help in terms of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1145628,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[3335,8304,3212,5618,225,2149,274,20102,2672,9777],"class_list":["post-1145627","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-broken","tag-chart","tag-eurobond","tag-figures","tag-govt","tag-lie","tag-nana","tag-receipts","tag-revealed","tag-successive"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1145627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1145627"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1145627\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1145627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1145627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1145627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}