Ghana: Why Country is Bankrupt (1)

26 January 2009
opinion

Accra — With the Transitional economic team recently declaring that Ghana is bankrupt coming soon after the World Bank declared a similar pronouncement we seek to critically analyze why Ghana is apparently broke despite being the darling of the IMF and World Bank.

Bob Marley once said that "the truth is an offence but not a sin" meaning that when you have been told a lie over and over again and then somebody comes along and tells you the truth, the reality of the situation, that truth becomes a bitter pill to swallow and the truth becomes offensive because you have been used to being lied to for so long.

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