Politics of Wednesday, 11 August 2021Source: www.ghanaweb.com• There's an intellectual banter between Dr Bawumia and Adongo• Isaac Adongo describes some comments made by Dr Bawumia while justifying the state of the economy as absurd• He wonders if government will use inflation to pay the high public debtMember of Parliament for Bolgatanga Central, Isaac Adongo, has accused Vice President Dr Mahamudu Bawumia of being ignorant about the fundamentals of the Ghanaian economy. Reacting to this in an article sighted by GhanaWeb, Mr Adongo said, “Dr Bawumia is so naive. Will he use inflation and exchange rate to pay for the debt? Hence his consistent recourse to rate of debt accumulation and debt to GDP, even though important, are intermediate variables to measure the performance of risk-based debt management,” he added. The lawmaker furthered that Dr Bawumia is insensitive to the plights of Ghanaians and the future generation as he wondered how they will pay or his mess and the economic implications of the unsustainable debt burden on the public purse.

Source: GhanaWeb August 11, 2021 17:15 UTC