Good afternoon everybody, ete sen? Tomorrow is a holiday. whoooo hoooo!!! You must be happy but I think the holiday falling on a wednesday is a total bore. So ummm how did the budget go?Yes the one read by Hon. Seth Tekper (Minister for Finance in the 4th Republic of Ghana) how did it go? I did not watch but I am sure I did not miss much. Or maybe I did...what did the opposition write on their placards this time. hahaaha. Well aside the plenty finance jargon what else would he say? We will construct roads from Bole to Bamboi, we will construct 200 schools, Government had to increase tax, Government will do this and do that and Government is still Government. Nkura aduro. What else. Budget reading (not peculiar to this administration) is now a formality. Do not even debate that with me. It is part of the article something something in the constitution. Simply put "wham bam done". Formality it is.
The action is what we see on the ground. Agor) ne fom. What did you do with the money you received the name of donor agencies and taxes? Where are the schools, roads, infrastructure, job creation avenues, food supply, investment in energy, education, human resource. The proof is always in the pudding. So if you come and read and conjure grammar, the state of the nation will definately expose you. And boy hasnt it done some exposing this year. hahaha.
What else can I say because really if you say it, you will be politically labeled or insulted. If you are lucky you will get neither but rather be fed with the spicy story of how Kufuor left the mismanaged the economy. Nkura Aduro. Just go ahead and I am biased, say I cannot see beyond my nose but I always ask how come the government of the then Mills- Mahama administration wrote glowing reports to the World Bank when applying for more loans and grants.
Glowing reports about the economy they had inherited and how that economy was poised to meet its target especially those set in achieving the Millieneum Development Goals. Only for them to turn round ,look at Ghanaians in the face and vehemently swear that Ex. Prez Kufuor was the worst thing that ever happened to Ghana. Vomit but truth stands the government of the NPP was better business minded and better at fiscal mamagement though it was not all roses and chocolates. Just do your layman analysis and throw your mind back to when the recession hit the world. We could have been Greece though now I shudder when I think of the frail rope we are holding onto.
Our national debt has moved from 9.5 billion cedis to 33.5 billion cedis. Yes that much in less than 5 years. Do you hear them disputing the figures? No? Do you hear their reasons? Yes? What are they? umm NPP caused all this, we inherited a bad economy, shortfalls in grants from international donors, the implementation of the Single Spine Salary Structure, higher spending on goods and service, adding corrective measures including hikes in petroleum prices have been adopted to bridge the gap between revenue and expenditure have I left anything else?. Infact what do I even have to say. Nothing. I chanced upon an article yesterday written on Bloomberg.com. It tells it all. I am waiting for their thoughts on the budget that was read. I have stopped listening to local media when it comes to issues like this. It will be filled with everybody's truth. I will rather listen, watch or read from the financial experts like Bloomberg who tell it as it is. Besides who else can determine the real budget than you and I, who take a paycheck at the end of the month and do proper budgeting. Yes you see agor) ne fom. The link is below. Let me know what you think as well.
http://www.bloomberg.com/news/2013-03-04/ghana-s-terkper-faces-budget-gap-as-mahama-plans-spending.html
Well, I said holiday right! As some of you might already know tomorrow is the 6th of March. Ghana is 56 years old. Ghana is celebrating its independence day. Independence from what again. Maybe you know so you can tell me. Yes yes I agree there are many developed countries who owe so much but celebrate their independence days with relish. Ok. Kindly note that you said developed. Are we developed. Or the faux middle income status is what is the developed. What are celebrating is it our peace? Then we should rather rename it peace day so that we know that all we need to do is to converge at the indepence square and worship God whilst the muslims do Allah and the traditionalists do shrines( though I wonder how the atheists would celebrate it) Is this the independence that Nkrumah was rushing for. Urgh! here we go again, we are going to hear a tirade of speeches about Nkrumah. Nkrumah RIP should be waking up and slapping some people by now. First in line should be the ECG, VRA and GRIDCO bosses. Hot blows to the jaw. Terrorise them every second till they tell us what is really happening and not the concert party things they have been releasing in the media. As if we are daft.
But it is a holiday. So I will sleep, eat, sleep and watch cartoons. There is nothing to celebrate because tomorrow probably I will have to no electricity to watch people march their hearts and souls in the name of their country. I wonder what the theme would be. And yes, who has been giving them those themes. Urgh once again. I hope they do not give a theme like "Private Sector the engine of growth the case of rLG". hehehehe. Nkura aduro.
I hear Chris Brown is in the building, I hope the organizers have put in place safety mechanisms so we do not have any casaulties. Lord knows that is the last thing we need.
But do have fun, people.....it is a HOLIDAYYYYYYYYYY!!!!
Have a good evening.
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