kikuyu1:


Aiyayayya! I'll never accept stats from any W African country,Bleep not even Benin or Chad!? Imo,this is a reflection of their socioculture which many say was ruined by the slave trade. Their problems aren't so much economic but rooted in a negative psychology that's satisfied with image over substance-IIRC you said they never pay their loans while you were consulting for some SME.
They know it deep down-see how quick they are with mouth word salads of 'advice' trying to deflect from the issue-goddamm,Ghanaians!?

which stat exactly? Cos all what rvp is posting is not stat but articles... i can as well do the same for ya.

vaxx2:
I personally told you running to IMF is not the problem cus they don't manage economy, They only gives advices....your country short tax to revenue which keep dwindling is something much more fitching and surprising that your national statistics may be cooking fake index . IMF failed to trust you....

kumasi alone is richer than the nation called kenya if property underground can be valued and traditional property..... You have no nation as far as I am concerned. Your non urbanized country that is hardly 24 percent can never be compared to Ghana that its village has almost turn to city..... poor country don't urbanized fast . your unemployment is alarming . Nigeria is a blessed nation.....

And Boom! What I foretold some pages back has now come to pass . Ghanaian admitting that Naigeria is blessed.!!? Vax of all the people

rvp20182:
There are people attracted by 10% yield and will risk in such junk bonds.Now tell me how you'll repay 10% plus currency depreciation of 25%(at best) is like 35% interest rate.It is gonna send you back to IMF ICU room late next year or early 2021.We borrowed 2 eurobond and it was mostly used to retire 700m commercial loan..and the 2nd Eurobond to retire the first one.

see someone talking about junk bonds when Kenya is in a debt burden that is unpayable and investors are shunning the junk bonds you keep listing


By the time you realise, China will be ruling you because you are too indebted to them

Just30:
see someone talking about junk bonds when Kenya is in a debt burden that is unpayable and investors are shunning the junk bonds you keep listing


By the time you realise, China will be ruling you because you are too indebted to them

Is lying a national sport? We owe China Precisely for the Railway..about 5B dollars...we signed a take or pay with our port authority..if that won't work we have railway development levy that is charged on all imports that repay the loan.. annual you're talking 300m dollars or more..that is assuming our railway never pay for itself.Our policy wonks are some of African bests.This is not Ghana which is apparently is worse than Nigeria.By the time treasury has to use taxes to pay Chinese Ghana will well on its way to it's 30th IMF bail out.Note half Chinese debt is concessionary and small part commercial..at I think 0.5% above LIBOR.

rvp20182:
Is lying a national sport? We owe China Precisely for the Railway..about 5B dollars...we signed a take or pay with our port authority..if that won't work we have railway development levy that is charged on all imports that repay the loan.. annual you're talking 300m dollars or more..that is assuming our railway never pay for itself.Our policy wonks are some of African bests.This is not Ghana which is apparently is worse than Nigeria

u mean u only owe d chinese $5b alone and its precisely owed for rail projects and nothing more?

The irony of someone accusing another person of lying.

Ja danu jor.

Shma:
And Boom! What I foretold some pages back has now come to pass . Ghanaian admitting that Naigeria is blessed.!!? Vax of all the people

They sold us a lie.We bought it hook, line and sinker.Nigeria does a better job managing it's public finances

rvp20182:
As a low middle class 60% is not so bad and we are working our way down .. recently Ghana had 78% debt to GDP..you cooked the GDP but dent to GDP back up to 60%..the cedis dropping...you are a case study of African banana republic.I use to think Tanzania was bad ..

if Ghana GDP was cooked like yours, our export values would have exposed us

theenchanter:
u mean u only owe d chinese $5b alone and its precisely owed for rail projects and nothing more?

The irony of someone accusing another person of lying.

Ja danu jor.

We borrowed from China to build our Greenfield SGR.We have old British mgr running.We started planning for this long time.We started by just a 0.5% levy on every import.We saved money enough to buy the land..it's a Greenfield.We got a deal..50% commercial(small margin on LIBOR)..rest nearly zero interest loan.We just don't sign like Ghana any paperwork.Now we are deadlocked on the last phases because we told the Chinese we want grant half..and commercial loan half.Chinese are equally very smart.A Ghanian never saw a paper he didn't want to sign along the dotted line.How can we ever default when every importer pays for the Railway.

rvp20182:
They sold us a lie.We bought it hook, line and sinker.Nigeria does a better job managing it's public finances

Ghana does better job in managing public finance than Nigeria, the corruption index is there for all to see.

U're just running amok and dropping trash, i only pity ur fellow kenyans that are encouraging ur madness.

rvp20182:
They sold us a lie.We bought it hook, line and sinker.Nigeria does a better job managing it's public finances

On ground things are different ;. Am now seeing the importance of that slogan

theenchanter:
Ghana does better job in managing public finance than Nigeria, the corruption index is there for all to see.

U're just running amok and dropping trash, i only pity ur fellow kenyans that are encouraging ur madness.

You cannot have 16 bailout and claim to better manage public finances.Nigeria is a zoo but slightly better in public finances.I think Ghana does well in basics like electricity.

Takoradi



https://www.youtube.com/watch?v=oJae8uBr1I4


beautiful Koforidua in pics

Just30:


if Ghana GDP was cooked like yours, our export values would have exposed us

What do you export..gold, aluminum, bauxite and diamond..now oil...those you've done ever since British discovered Gold Coast.They don't take you anywhere unless you diversity.Its like being high on cocaine and then dealing with withdrawal symptoms.You have to build modern formal economy.Look at Kenya..tea is down from 2.7 dollars a kilo to 2.1 dollars..real estate down..but other sectors cover for that.Imagine if we depended on tea..and it goes down 30%..whole economy get a 30% hit.That is akin to shit hitting the fan and we would line up in foreign embassies as economic refugees

rvp20182:
As a low middle class 60% is not so bad and we are working our way down .. recently Ghana had 78% debt to GDP..you cooked the GDP but dent to GDP back up to 60%..the cedis dropping...you are a case study of African banana republic.I use to think Tanzania was bad ..

I will always say Ghana's debt to GDP will get to more than 100% just as Japan and other economies, we will call on IMF for another bailout and austerity measures, rinse and repeat.We've declared HIPC as a country before around 2001,all our debts were cancelled,we gained debt credibility ,loaned ourselves to debt, rebased our economy severally, sign up for more IMF programme,got out,loaned ourselves again and it has and will be repeating itself till we become a developed country. This year alone,we have issued a 3 billion dollars eurobond and next year we are issueing another 3 billion dollars eurobond again.

In 1978 down to late 1990s,Ghana was virtually a failed state.Everyone abandoned us,we had NOTHING!,zero buh now we are listed among top ten largest economies and GDPs in Africa although our population is not even among top 15 largest in Africa,our GDP PPP surpasses Kenya,Tanzania,Sudan,DRC,and rivals with Ethiopia and co with a far larger population.

Our GDP figures are not fake,in fact more than 70% of our economy is informal thus our 70-80 billion dollars GDP is whollefully understated.Just yesterday we budgeted 2 billion dollars just for roads in our inner cities in other regions,over 1 billion dollars is invested in free senior high school education both day and boarding nationwide and imagine our current literacy rate of 76%,by 2025,over 95% of the population will be literate and we enjoy universal health insurance programme nationwide.

We far surpass Kenya in per capita both norminal and PPP,higher in HDI,FDI,exports,you see the only thing Kenya beats Ghana is population size and safari parks.I respect Kenya a lot but please concentrate on modernizing your Nairobi for your tourists and Nigeria and leave Ghana out of your bashing.Where was Kenya when Nkrumah was among league of nations.

rvp20182:
You cannot have 16 bailout and claim to better manage public finances.Nigeria is a zoo but slightly better in public finances.I think Ghana does well in basics like electricity.

Ghana does not go to the IMF for financial reason but rather for political reasons

Kenyan are busy attacking Ghana why there are in serious debt crisis.
https://businesstoday.co.ke/kenyas-debt-ukur-yattani-kenyas-debt-ceiling-senators-vote-to-raise-debt-ceiling-president-uhuru-kenyatta/

psychologygh:
I will always say Ghana's debt to GDP will get to more than 100% just as Japan and other economies, we will call on IMF for another bailout and austerity measures, rinse and repeat.We've declared HIPC as a country before around 2001,all our debts were cancelled,we gained debt credibility ,loaned ourselves to debt, rebased our economy severally, sign up for more IMF programme,got out,loaned ourselves again and it has and will be repeating itself till we become a developed country. This year alone,we have issued a 3 billion dollars eurobond and next year we are issueing another 3 billion dollars eurobond again.

In 1978 down to late 1990s,Ghana was virtually a failed state.Everyone abandoned us,we had NOTHING!,zero buh now we are listed among top ten largest economies and GDPs in Africa although our population is not even among top 15 largest in Africa,our GDP PPP surpasses Kenya,Tanzania,Sudan,DRC,and rivals with Ethiopia and co with a far larger population.

Our GDP figures are not fake,in fact more than 70% of our economy is informal thus our 70-80 billion dollars GDP is whollefully understated.Just yesterday we budgeted 2 billion dollars just for roads in our inner cities in other regions,over 1 billion dollars is invested in free senior high school education both day and boarding nationwide and imagine our current literacy rate of 76%,by 2025,over 95% of the population will be literate and we enjoy universal health insurance programme nationwide.

We far surpass Kenya in per capita both norminal and PPP,higher in HDI,FDI,exports,you see the only thing Kenya beats Ghana is population size and safari parks.I respect Kenya a lot but please concentrate on modernizing your Nairobi for your tourists and Nigeria and leave Ghana out of your bashing.Where was Kenya when Nkrumah was among league of nations.

How do you measure or estimate an informal economy? it's like calculating GDP of the underworld.You don't do it.You formalize the economy.You turn the small business into SME then into Medium Enterprise then into real Enterprise then into multinational.What is the point of claiming you measure something unmeasurable like informal sector.Kenya and every country has such sector..US doesn't go measuring it's drug sector.It is worth maybe trillion of dollars.You don't do it.There are no credible data .They don't pay taxes They don't exist.Except outside the law.Any data will be a wield guestimate.

rvp20182:
What do you export..gold, aluminum, bauxite and diamond..now oil...those you've done ever since British discovered Gold Coast.They don't take you anywhere unless you diversity.Its like being high on cocaine and then dealing with withdrawal symptoms.You have to build modern formal economy.Look at Kenya..tea is down from 2.7 dollars a kilo to 2.1 dollars..real estate down..but other sectors cover for that.Imagine if we depended on tea..and it goes down 30%..whole economy get a 30% hit.That is akin to shit hitting the fan and we would line up in foreign embassies as economic refugees

even if we take mineral export like gold and oil from Ghana export,

Ghana still export 10 billion dollars worth of goods that you dont

Mean, a Ghanaian is more productive than a Kenyan

rvp20182 you can't be attacking everyone my brother. The Ghanians (Just30, vaxx2 et al) have been good friends and allies.

rvp20182:
How do you measure or estimate an informal economy? it's like calculating GDP of the underworld.You don't do it.You formalize the economy.You turn the small business into SME then into Medium Enterprise then into real Enterprise then into multinational.What is the point of claiming you measure something unmeasurable like informal sector.Kenya and every country has such sector..US doesn't go measuring it's drug sector.It is worth maybe trillion of dollars.You don't do it.There are no credible data .They don't pay taxes They don't exist.Except outside the law.Any data will be a wield guestimate.

there is no informal economy in Kenya

Just30:
even if we take mineral export like gold and oil from Ghana export,

Ghana still export 10 billion dollars worth of goods that you dont

Mean, a Ghanaian is more productive than a Kenyan

Gold or minerals is extraction..no productivity..brain dead..and if price fall..you are right into IMF warm embrace

rvp20182:
You cannot have 16 bailout and claim to better manage public finances.Nigeria is a zoo but slightly better in public finances.I think Ghana does well in basics like electricity.

Ghana's public finance is still better than yours, better managed than yours, spare me the imf bailout and worry about yours.

NairobiWalker:
rvp20182 you can't be attacking everyone my brother. The Ghanians (Just30, vaxx2 et al) have been good friends and allies.

F.off and nurture your kids.Why do you need allies in life.Galileo stood alone and said the earth was round..not flat.

psychologygh:
I will always say Ghana's debt to GDP will get to more than 100% just as Japan and other economies, we will call on IMF for another bailout and austerity measures, rinse and repeat.We've declared HIPC as a country before around 2001,all our debts were cancelled,we gained debt credibility ,loaned ourselves to debt, rebased our economy severally, sign up for more IMF programme,got out,loaned ourselves again and it has and will be repeating itself till we become a developed country. This year alone,we have issued a 3 billion dollars eurobond and next year we are issueing another 3 billion dollars eurobond again.

In 1978 down to late 1990s,Ghana was virtually a failed state.Everyone abandoned us,we had NOTHING!,zero buh now we are listed among top ten largest economies and GDPs in Africa although our population is not even among top 15 largest in Africa,our GDP PPP surpasses Kenya,Tanzania,Sudan,DRC,and rivals with Ethiopia and co with a far larger population.

Our GDP figures are not fake,in fact more than 70% of our economy is informal thus our 70-80 billion dollars GDP is whollefully understated.Just yesterday we budgeted 2 billion dollars just for roads in our inner cities in other regions,over 1 billion dollars is invested in free senior high school education both day and boarding nationwide and imagine our current literacy rate of 76%,by 2025,over 95% of the population will be literate and we enjoy universal health insurance programme nationwide.

We far surpass Kenya in per capita both norminal and PPP,higher in HDI,FDI,exports,you see the only thing Kenya beats Ghana is population size and safari parks.I respect Kenya a lot but please concentrate on modernizing your Nairobi for your tourists and Nigeria and leave Ghana out of your bashing.Where was Kenya when Nkrumah was among league of nations.

To kenya, development is about Nairobi and Mombassa and the rest are forest but we develop all places in the west.
Bro don't argue with them cos a fool will drag you down to his level and beat you with experience. Leave them to face their debt crisis.

rvp20182:
What do you export..gold, aluminum, bauxite and diamond..now oil...those you've done ever since British discovered Gold Coast.They don't take you anywhere unless you diversity.Its like being high on cocaine and then dealing with withdrawal symptoms.You have to build modern formal economy.Look at Kenya..tea is down from 2.7 dollars a kilo to 2.1 dollars..real estate down..but other sectors cover for that.Imagine if we depended on tea..and it goes down 30%..whole economy get a 30% hit.That is akin to shit hitting the fan and we would line up in foreign embassies as economic refugees

i still cant understand why you are borrowing to pay maturing debt

whiles Ghana is borrowing to build industries that can pay the debt.

Just30:
i still cant understand why you are borrowing to pay maturing debt

whiles Ghana is borrowing to build industries that can pay the debt.

So we don't default and call IMF.US,China and Kenya are doing the same.These are no laughing matter... defauting like Ghana takes forever to fix.You seethe kind of mess you're..every 3yrs..same problems.You want to avoid the endless negative feedback loop like ghana

psychologygh:
I will always say Ghana's debt to GDP will get to more than 100% just as Japan and other economies, we will call on IMF for another bailout and austerity measures, rinse and repeat.We've declared HIPC as a country before around 2001,all our debts were cancelled,we gained debt credibility ,loaned ourselves to debt, rebased our economy severally, sign up for more IMF programme,got out,loaned ourselves again and it has and will be repeating itself till we become a developed country. This year alone,we have issued a 3 billion dollars eurobond and next year we are issueing another 3 billion dollars eurobond again.

In 1978 down to late 1990s,Ghana was virtually a failed state.Everyone abandoned us,we had NOTHING!,zero buh now we are listed among top ten largest economies and GDPs in Africa although our population is not even among top 15 largest in Africa,our GDP PPP surpasses Kenya,Tanzania,Sudan,DRC,and rivals with Ethiopia and co with a far larger population.

Our GDP figures are not fake,in fact more than 70% of our economy is informal thus our 70-80 billion dollars GDP is whollefully understated.Just yesterday we budgeted 2 billion dollars just for roads in our inner cities in other regions,over 1 billion dollars is invested in free senior high school education both day and boarding nationwide and imagine our current literacy rate of 76%,by 2025,over 95% of the population will be literate and we enjoy universal health insurance programme nationwide.

We far surpass Kenya in per capita both norminal and PPP,higher in HDI,FDI,exports,you see the only thing Kenya beats Ghana is population size and safari parks.I respect Kenya a lot but please concentrate on modernizing your Nairobi for your tourists and Nigeria and leave Ghana out of your bashing.Where was Kenya when Nkrumah was among league of nations.

Bro. Don't talk of modernizing Nairobi when Nairobi is far more modern than Accra. You can Google and see for yourself. HDI, We are almost in the same level, PPP respect for you guys but we are not by far to it bro. Kenya don't depend on safari parks alone, so many things, you can Google and see for yourself . Am calling you bro because Ghana and Kenya share a thing you know. We are not hating on each other, just a peaceful show you know personally I love Ghana . Just leave RVP ,Vaxx and maybe justo30 they are just three on this even when justo 30 claims Kenya is underdeveloped basing it on cement consumption I just laugh bellow waters but can't interfere with it coz Ghana and Ghanaians are our guys ; . Ghana is making a huge step in development and soon it will be one of the giants in Africa

Just30:
there is no informal economy in Kenya

like seriously? Nigga.

VicThory:

To kenya, development is about Nairobi and Mombassa and the rest are forest but we develop all places in the west.
Bro don't argue with them cos a fool will drag you down to his level and beat you with experience. Leave them to face their debt crisis.

I think Nakuru, Kisumu, Eldoret,Thika looks better than your cities. And we don't have minerals or that much arable land.

theenchanter:
Ghana's public finance is still better than yours, better managed than yours, spare me the imf bailout and worry about yours.

You cannot invent your own facts.You cannot force say for example that the sky is green.

rvp20182:
F.off and nurture your kids.Why do you need allies in life.Galileo stood alone and said the earth was round..not flat.

na small small lunacy dey start.

Shma:
Bro. Don't talk of modernizing Nairobi when Nairobi is far more modern than Accra. You can Google and see for yourself. HDI, We are almost in the same level, PPP respect for you guys but we are not by far to it bro. Kenya don't depend on safari parks alone, so many things, you can Google and see for yourself . Am calling you bro because Ghana and Kenya share a thing you know. We are not hating on each other, just a peaceful show you know personally I love Ghana . Just leave RVP ,Vaxx and maybe justo30 they are just three on this even when justo 30 claims Kenya is underdeveloped basing it on cement consumption I just laugh bellow waters but can't interfere with it coz Ghana and Ghanaians are our guys ; . Ghana is making a huge step in development and soon it will be one of the giants in Africa

Why are Ghanian escaping Ghana like Nigerians? You only see such desperation in war torn countries. Examine their data closely.