Every Ghanaian Owes GH¢11,000 Cedis If Ghana’s Debt Of GH¢32.4 Billion Cedis Is Shared
The International Monetary Fund – a global lender to Ghana – says the country is in debt.
Recent statistics from the IMF show that Ghana’s debt is currently GHȼ332.4 billion cedis. What this means is that every Ghanaian will owes GHȼ11,133.
A private legal practitioner, Matin Kpebu, is angry at how the government is spending taxes on Ghanaians.
Ghana’s public debt is currently over 80 percent of Gross Domestic Product. This statistic means that the country uses most of its revenue to pay the debt.
Speaking on the Newsfile show on Joy News, Martin Kpebu cried that wasteful spending is currently the order of the day at various ministries.
“Whenever you go to the Ministries, you see V8s all over the place. It’s terrible.” Private Legal Practitioner Martin Kpebu cried.
The lawyer praised conveners of the “Fix the country” protest for a successful demonstration against the corruption and economic wors in the country.
Source: TheBBCghana.Com
