Tuesday, August 28, 2018

GHANA'S DEBT THIS YEAR IS ABOVE $5.2billion BAD OMEN FOR THE ECONOMY. Victor Senyo Africa's Economic Freedom Analyst


Dr. Victor Senyo
An Africa economic freedom expert Victor Senyo a renowned internation economic expert is giving a strong signal on the dangers of Ghana's economy, as the total national debt for 2018 reaches $5.2billion, in an interview with Ghanaweb Politics Dr. Senyo warned Ghana's government to be very watchful on how the national debt goes beyond balance. In his experts view on Ghana's economy he said the economy will be so bad should the system continue to survive on debt and government  must be watchful on expenses but rather should improve the GDP by engaging in viable investments to sustain the economy.
Dr. Senyo says, the reckless management of the economy will adultrate businesses and livelihood should government continue with the free shs policy.
Free shs is a good initiative but must also be given proper approach to rather be a good news and not the other way round.
Ghana's freedom is dependent on our leaders nd the kind of policies they engage especially when the economy is concerned.
Ghana's GDP debt clock has reached $5.2billion just this year 2018 and I would have to government advice itself and desist from extending any loan facility, as for as the economy is concerned. Banks are going down and giant companies 're facing horrible times and obviously this is as a result of reckless management of the president and his appointees.




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