
Audio By Carbonatix
The Presidential Candidate of the National Democratic Congress (NDC), John Dramani Mahama, has accused President Nana Akufo-Addo of superintending over the borrowing of more money in four years than the country had borrowed since independence.
He said while the country had accumulated a total debt stock of GH¢122 billion between 1957 and 2016 when he left office, President Akufo-Addo had added about GH¢154 billion to the public debt in just four years.
He said beyond the debt accumulations being high, the President and the governing party had virtually nothing to show for the increased fiscal burden that he has imposed on the economy through the debts.
Addressing party supporters in a number of constituencies in the Northern Region as part of his campaign tour, Mr. Mahama said the government had been reckless in the borrowing and utilization of funds.
He challenged the government to show proof to Ghanaians of how it utilised the borrowed funds, stating that unlike his tenure which was replete with visible and verifiable infrastructure projects, President Akufo-Addo has resorted to "throwing figures around" on what he had done.
He mentioned the construction of the Upper East and the Upper West Regional Hospitals, the expansion of the Tamale Teaching Hospital, the construction of some of the 200 E-blocks for Senior High Schools, and other health infrastructure projects across the country as evidence of how his government utilised the GH¢56 billion it borrowed.
Latest Stories
-
Jewellery firm sues Donewell Insurance over alleged failure to honour US$3m burglary insurance claim
17 minutes -
Sedina serving her sentence in prison custody, not receiving special treatment – Interior Minister
20 minutes -
‘I’m not afraid of death,’ Akamba says as he alleges threats
55 minutes -
Gov’t awaits BoG licence to operationalise Women’s Development Bank – Ampem Nyarko
1 hour -
‘Go back and save them’ – Upper West NACOC boss charges school counsellors to tackle drug abuse
1 hour -
Over 2,000 firearms to be destroyed under Gun Amnesty Programme – Deputy Interior Minister
2 hours -
Gov’t moves Republic holiday to Friday, July 3
2 hours -
Drivers block Shama–Nyankrom road over deteriorating condition, undertake self-help repairs
2 hours -
Over 1,000 gold-buying companies licensed by GoldBod – Deputy Finance Minister
2 hours -
TikToker faces court for allegedly cyberbullying Mohbad’s widow
2 hours -
TCDA clarifies cashew farmgate pricing, debunks claims of GH¢25 per kilogramme producer price
2 hours -
GoldBod spent $16.1bn on gold purchases in 2025 – Ampem Nyarko
2 hours -
2 die in road crash at Nuaso Newtown near Odumase Krobo
2 hours -
COCOBOD indebtedness to suppliers part of broader cocoa sector financial challenges – Ampem Nyarko
2 hours -
Building cost inflation rises slightly to 2.7% in May 2026
2 hours