Minority’s claim on debt stock false – Government


The government has described as false claims by the Minority in Parliament that the Akufo-Addo government has, within two years, borrowed GH¢80 billion.

In a statement signed and issued by the Minister of Information, Mr Kojo Oppong Nkrumah, the government said it was surprised as to why the National Democratic Congress (NDC) had shifted from its previous position of rejecting calls for an account of borrowings, and added that the outrageous claims by the Minority were part of the NDC’s regular attempts to scare Ghanaians with falsehoods.

“President Mahama, in his days, was the one who admonished the opposition not to request for an account on borrowings because it suggested its MPs were sleeping in Parliament when they approved specific loans.

What has changed, for which reason the NDC, under his leadership, now demands for accounts?” he asked.

The statement explained that a change in the nominal debt stock did not mean that the government had taken new loans.

“It is also amazing to hear people who understand national accounting suggesting that a change in the nominal debt stock means President Akufo-Addo has taken new loans of GH¢80 billion.