The outstanding debt stocks that emerged during Mahama’s administration was from the New Patriotic Party (NPP). Often the debts stock includes debts which were contracted by the NPP and in some cases goes even beyond that because if you borrow from the World Bank for 40 years, and borrow from the African Development Bank for 25 years and you borrow from other institutions which give you loans on a long term, which actually as a developing country constitutes the largest share of our borrowing and you give the impression that this could be attributed to an NDC era then it is very unfortunate,”......Mr. Seth Terkper, Minister in charge of Finance and Economic Planning
Posted on: Thu, 16 Jan 2014 21:41:02 +0000
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