Flashback: '$40bn borrowed by NDC in 7 years could have built 1,142 factories'
Image source: GhanaWeb

Flashback: '$40bn borrowed by NDC in 7 years could have built 1,142 factories'


Summary short_text

Mr. Bawumia who was just an economist at that time established that if the Mahama-led administration used $35million in establishing a new sugar factory at Komenda, then more than a thousand factories could have been built from the $40billion he insists the NDC has borrowed in office in the past seven years.

According to him, if the Mahama administration used $35million in establishing a new sugar factory at Komenda, then more than a thousand factories could have been built from the $40billion he insists the NDC has borrowed in office in the past seven years.

Now if you look at the money that has been borrowed in dollar terms, at the time of borrowing, it is currently around $40billion; this is the value of the money that has been borrowed.


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