{"id":1222751,"date":"2022-10-12T17:06:26","date_gmt":"2022-10-12T17:06:26","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/10\/12\/we-should-be-borrowing-to-invest-in-the-economy-kofi-akpaloo\/"},"modified":"2022-10-12T17:06:26","modified_gmt":"2022-10-12T17:06:26","slug":"we-should-be-borrowing-to-invest-in-the-economy-kofi-akpaloo","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/10\/12\/we-should-be-borrowing-to-invest-in-the-economy-kofi-akpaloo\/","title":{"rendered":"We should be borrowing to invest in the economy \u2013 Kofi Akpaloo"},"content":{"rendered":"

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The flagbearer of the Liberal Party of Ghana (LPG), Kofi Akpaloo, has stated that the government needs to borrow money to invest in the economy of the country.<\/p>\n

In a conversation with Roselyn Felli on Prime Morning<\/strong> on Wednesday, October 12, he indicated that investing in the country\u2019s natural products with loans taken from international financial institutions will enable Ghana to gain more interest after trading the products.<\/p>\n

He believes borrowing to construct factories and employ people will enable them to work efficiently and effectively to boost the country\u2019s economy.<\/p>\n

\u201cThere\u2019s nothing wrong with borrowing but what you borrow to do with the money is the most important thing, because when you borrow money to build roads, schools, among others, it must be paid for,\u201d he explained.<\/p>\n

He added, \u201chow do you pay for all those things? You should have something that also generates money. So you have to borrow money to invest in the economy to expand economic activity.\u201d<\/p>\n

Mr. Akpaloo assured the populace that when elected President of Ghana, his government would invest largely in the agricultural sector.<\/p>\n

He said the importation of rice would be banned.<\/p>\n

\u201cTaking over tomorrow as President of Ghana, I\u2019ll find money to invest in agriculture. Food that we eat, we\u2019ll make sure we produce them locally. Like rice, I\u2019m going to cut the importation of rice.<\/p>\n

\u201cAfter six months in government, I\u2019ll ban the importation of rice because I\u2019m going to put money directly into rice production,\u201d he assured.<\/p>\n

He also promised to provide funds to all poultry farmers in order for them to expand their capacity and build factories to process the products.<\/p>\n

\u201cEvery church, including the mosque, every charity organisation will file their annual audited accounts. Now, a church must be registered as a company without a shareholding. It means it doesn\u2019t have an owner, it\u2019s the government that has ownership,\u201d he hinted.<\/p>\n

Mr. Kofi Akpaloo is confident of winning the 2024 presidential election, saying his love for the presidency is a calling from God.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The flagbearer of the Liberal Party of Ghana (LPG), Kofi Akpaloo, has stated that the government needs to borrow money to invest in the economy of the country. In a conversation with Roselyn Felli on Prime Morning on Wednesday, October 12, he indicated that investing in the country\u2019s natural products with loans taken from international […]<\/p>\n","protected":false},"author":1,"featured_media":1222753,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[187],"tags":[],"class_list":["post-1222751","post","type-post","status-publish","format-standard","has-post-thumbnail","category-politics"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1222751","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=1222751"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1222751\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1222751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1222751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1222751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}