Mahama leaves Nana Addo with GH¢120bn debt

Mahama leaves Nana Addo with GH¢120bn debt

Reports by Daily Guide newspaper show that the erstwhile John Dramani Mahama administration bequeathed more than GH¢120bn public debt upon relinquishing power after the December 7 elections.

Mahama leaves Nana Addo with GH¢120bn Debt

According to the report, the NDC administration borrowed over GH¢110.5 billion during its eight-year tenure as the expenditure of the various ministries, departments and agencies (MDAs) were far beyond that of the fiscal budget

This startling revelation by Daily Guide, though yet to be confirmed, falls in stark contrast with claims by former president John Dramani Mahama who revealed in his final state of the nation's address that his administration cut down on spending and conformed to the IMF program.

READ ALSO: Mahama exits politics, won't contest in 2020

Mahama leaves Nana Addo with GH¢120bn Debt

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