If I had $11b when I was president, this country would be a very different country than it is now – John Mahama

Former Ghanaian President John Dramani Mahama has expressed his thoughts on the country’s state, stating that if he had access to $11 billion during his presidency, Ghana would be a vastly transformed country today.

Mahama made this statement while engaging with the people of Buprungu in the Northern Region, a region eager for development and economic growth.

Mahama’s comments come at a critical time, as Ghanaians grapple with the implications of significant borrowing by the Akufo Addo/Dr. Bawumia-led administration. The country’s debt stock has surged, prompting concerns about the long-term economic sustainability and the impact on future generations.

By highlighting what could have been achieved with $11 billion, Mahama is drawing attention to the potential benefits of targeted investments in critical sectors such as infrastructure, education, healthcare, and agriculture. Effective utilization of such funds could have accelerated Ghana’s development, created jobs, and improved living standards.

Mahama’s assertion also raises questions about the current government’s economic management and prioritization. Critics argue that the administration’s borrowing spree has not yielded proportional development dividends, with many Ghanaians yet to feel the impact of the investments.

In contrast, Mahama’s administration was known for implementing various infrastructure projects, including roads, schools, and hospitals. His statement implies that with additional resources, he could have achieved even more, addressing pressing challenges and propelling Ghana toward greater prosperity.

The discussion surrounding Ghana’s economic path and the impact of borrowing on its development is likely to continue. Mahama’s comments add to the ongoing conversation about the nation’s financial priorities, economic management, and future direction.

Writer:
By Lawrence Odoom/Phalonzy
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