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.
Content created and supplied by: ErnestConnect (via Opera News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform See More