‘Family and friends’ will pocket $1.61bn of Ghana’s eurobond – Adongo - News Summed Up

‘Family and friends’ will pocket $1.61bn of Ghana’s eurobond – Adongo


1.61 billion dollars will go into family and friends,” he claimed. Already, he said they have started consuming the money on kenkey and fish party under the guise of celebrating economic hat-trick. “Ghana has moved from an era where we were borrowing to build into our future,” he observed. Mr Adongo who is a member a member of the Finance Committee of Parliament indicated that of the 750 million dollars borrowed by the Akufo-Addo government in 2018, only 119 million dollars was spent on capital expenditure while a whopping 631 million dollars went into consumption. Now that they are borrowing to pay for kenkey and fish, what will it be?,” he asked.


Source: GhanaWeb April 04, 2019 17:37 UTC



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