John Dramani Mahama, the National Democratic Congress (NDC) flagbearer, has charged that the government has mishandled a $11.5 billion borrowing facility that was obtained over the previous eight years.
Mahama claims that if these monies had been used appropriately, they might have been used to finance revolutionary initiatives that would have advanced Ghana’s growth to the level of places like Dubai.
Mahama compared the performance of the current government with his own term while speaking to the Muslim community at a special prayer session held in the Great Hall of Kwame Nkrumah University of Science and Technology (KNUST) in the Ashanti Region.
He emphasized that he used a $3.5 billion loan during my administration to fund historic infrastructure projects, such as the building of Terminal 3 at Kotoka International Airport, the enlargement of Tema Harbour, and numerous other initiatives meant to boost the country’s development.
“President Nana Addo Dankwa Akufo-Addo borrowed to a tune of $11.5 billion just within 5 years. Despite all the developmental projects that I championed when I was president, we only borrowed to the tune of $3.5 billion.
“If I had borrowed to the tune of $11.5 billion when I was president, Ghana would have been developed like Dubai.
