Bawumia Fires I Never Lied About My Figures - Dr. Bawumia

Dr. Mahamudu Bawumia has responded to critics who said he lied on Ghana’s decision to seek help from the IMF.

  • Published:
play Dr. Mahammudu Bawumia
24/7 Live - Subscribe to the Pulse Newsletter!

NPP Vice Presidential Candidate, Dr. Mahamudu Bawumia said he never lied about the figures he churned out at a recent lecture concerning a Ghc918-million bailout package Ghana got from the International Monetary Fund (IMF).

Dr. Bawumia told Portia Asare of the African Christian Network in New York, on the sidelines of a fundraising dinner that people make such “blanket” statements “when they don’t have anything to say.”

Bawumia stated among other things that the bailout programme will be unsuccessful because the data upon which the programme is built is not credible.

“I gave a talk, 70-paged paper and quite well researched and well documented so I am quite comfortable and then infact I don’t understand what can be misleading.” “I said this is why we got into the IMF, you were spending too much relative to revenues, which is true, you were borrowing too much which is true.

“The question was: ‘Will the IMF anchor hold?’ I said this is why we got into the IMF: You were spending too much relative to revenues, which is true; You were borrowing too much, which is true; your external payment position has deteriorated, which is true; your growth is reducing, which is true; so You ended up at the IMF and the IMF will impose certain conditions, which is true; and if you don’t do certain things right, the anchor will not hold, which is true.

“So I’m not quite sure what it is that is not true that I said, but I think the supporters of this government and this government itself are reluctant to admit the truth even when it hits them in the face,” Dr. Bawumia added.

Download our mobile app today.

Android - Google Play Store

iPhone - Apple App Store

Recommended Articles

Recommended Videos




Top Articles

1 In Central Region Police intercept a bunch of cedi notes in over 30...bullet
2 Election 2016 Ghana's presidential candidates make final push before votebullet
3 Chaos At Bus Stations NDC, NPP hijack buses at terminals as...bullet
4 Redevelopment Mahama opens Kejetia market today [Photos]bullet
5 Fraud Alert Fake US Embassy in Ghana shut down after a decade of...bullet
6 Judgment debt Supreme Court adjourns Amidu vs Woyome case...bullet
7 In Eastern Region NDC DCE robbed at gunpointbullet
8 His Excellency Top 10 John Mahama quotes that will shock youbullet
9 2016 elections Nana Addo has won spiritually but… - Prophetbullet
10 Election 2016 Weapons allegedly seized from an NDC...bullet

Top Videos

1 Kwame Nkrumah Interchange Water leaks from hole in wall at new Kwame...bullet
2 Obinim saga We had sex only once - Obinim victims confessbullet
3 Elections 2016 Nana Addo holds conference in Kumasi ahead of Dec 7...bullet
4 Obinim What happen'd when we fact checked Obinim's Bible knowledgebullet
5 Video IEA Presidential Townhall 2016bullet
6 Woyome Judgement Debt Kweku Baako dances over Amidu's winbullet
7 Watch Kumchacha delivers Counselor Lutterodt from 'demons'bullet
8 Accra Floods Adabraka floods after downpourbullet
9 Ashiaman This is what being a market queen is aboutbullet
10 Bishop Obinim Followers gather at Police HQ in Accra...bullet

News