General News of Thursday, 4 April 2019Source: Graphic.com.ghBawumia's town hall presentation deceptive - AdongoIsaac Adongo - Bolgatanga Central MPThe Member of Parliament (MP) for Bolgatanga Central, Isaac Adongo says Vice President Dr Mahamudu Bawumia's economic principles defer from that of Adams Smith, the world’s renowned father of economics. To him, the Vice President's interpretation and analysis of Ghana's economy defer from the basic economic principles propounded by Adams Smith and insisted that Dr Bawumia’s Wednesday's Town Hall Meeting presentation was laced with deceits and lies. Dr Mahamudu Bawumia on Wednesday, April 3, 2019, at a maiden town hall meeting organised by the Economic Management Team of the government said the worse performance of the current administration was better than the best performance of the past National Democratic Congress government. He pointed out that: “If you take 2019, the $3 billion they borrowed, $2 billion is for the budget. Mr Adongo also said: “In 2018, we [Ghana] went to borrow $750 million [but] we spent only $119 million on capital expenditure; $631 million, we spent on consumption.

Source: GhanaWeb April 04, 2019 21:00 UTC