Nkonkonsa Celebrity Gossip From Africa
Senior New Patriotic Party (NPP) member Gabby Otchere-Darko has suggested that if action is not taken, the government may soon need to borrow money to pay salaries.
Gabby Otchere Darko asserts that the meager domestic earnings are incapable of paying off the nation’s debt.
Despite the fact that Ghana’s economy is expanding, according to Mr. Otchere-Darko, it is not enough to reverse the situation.
In a previous tweet, Gabby Otchere-Darko lamented the inability of the government’s initiatives to increase revenue for Ghana.
Gabby Otchere asserted that the government has only received 10% of the money anticipated from the contentious E-Levy, notwithstanding the lofty expectations that gave rise to the idea of imposing a 1.5 percent fee on online transactions.
In a tweet on Monday, he said, “Our economy is growing faster than most countries around the world. But, that alone can’t save us as confidence in our ability to service our debts is lowering. We can’t continue to use all the little revenues raised to pay our debts. Very soon we may have to borrow to pay wages!”
Our economy is growing faster than most countries around the world. But, that alone can’t save us as confidence in our ability to service our debts is lowering. We can’t continue to use all the little revenues raised to pay our debts. Very soon we may have to borrow to pay wages!
— Gabby Otchere-Darko (@GabbyDarko) June 27, 2022
Source:NKONKONSA.com
