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Akufo-Addo gov’t has used GETFUND as collateral for a $1.5bn loan – MP reveals

Akufo-Addo gov't has utilized GETFUND as insurance for a $1.5bn advance – MP uncovers 


Individual from Parliament(MP) for Asunafo South, Hon. Eric Opoku has said that dissimilar to different Presidents in Ghana under the fourth Republic, President Nana Addo Dankwa Akufo-Addo has sold GETFUND for an advance. 


As per him on Accra-based Asempa Fm observed by MyNewsGh.com, the Leader of Ghana, Nana Addo Dankwa Akufo-Addo has gone for a credit of $1.5 billion from the Chinese for a long time. 


He said with this current, Ghana's Training stands to lose if the legislature can't illuminate all instructive segment issues in the nation in the following ten years and furthermore can't reimburse the credit they took. 


"Practically 60% of the tank we pay that goes to GETFUND is right now used to support credits Ghana took from the Chinese. In the event that the legislature doesn't tackle all the issues in the nation with the $1.5 billion the administration will have an issue tending to issues concerning instruction." 

He communicated stun that even with such a weighty advance, the flow government can't flaunt assembling new schools and claims he has fabricated residences including that it's stunning that the nation is as yet utilizing Twofold Track framework under the Free SHS despite the fact that the legislature had gone to take such a credit. 


The legislator tested that if previous Leader of Ghana, Jerry John Rawlings had sold GETFUND subsequent to building up it, would he [Nana Addo Dankwa Akufo-Addo] come to meet it in a practical state to contract it to the Chinese. 


The administrator noticed that with the spate at which the nation's future is being utilized a guarantee for loans,it will be hard for the cutting edge since it will be burdened with advances that it had no information on except for should pay for them.

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Asempa Fm GETFUND Ghana Jerry John Rawlings Nana Addo Dankwa Akufo-Addo

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