Tell Ghanaians Positive Aspects Of Loans —- Bagbin Tells Parliamentarians

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Honourable Member of Parliament
 for Nadowli/Kaleo Constituency, Alban Kingsford Sumani Bagbin has implored Members of Parliament to take it upon themselves the duty of letting Ghanaians know about the benefits derived from loans secured by government. 

He made this call on the floor of the house during the debate that preceded the unanimous approval of the 2015 mid-year budget reviews which included a Eurobond of US$1,500.00 500 billion Dollars

During the debate, members of the opposition were of the view that the loans acquired by government have done nothing to better the lot of the people despite subsequently approving it unanimously.

In conclusion, the majority leader indicated that most of the good things that has happened to the country over the years are the result of loans contracted by successive government since independence.

To bring a cool end to the rather heated debate, The former Minister of Health gave an account of his personal experience in 1977 when he was called to travel to Accra to take part in the recruitment process into Ghana Arm Forces but had to be delayed for three days in Bole because the plateau that transported people over the Bamboi river had developed a fault and therefore travellers had to wait until it was repaid.

As is that was not enough, he had to travel through the dust from the Northern Region to Accra to undertake the exams upon arrival.

According to him, he was painted brown in dust and casted a funny figure at the exams centre though that did not deter him from placing third Nationally after emerging first in the Upper West Region.

He revealed that the only thing that stopped him from entering the army was an almost synchronised admission into the University of Ghana- Legon

The 2nd Deputy Speaker, Hon Joe Ghartey joked that he would have been an Ex-Head of State by now if he had indeed entered the Army. A comment that drew laughter from an already hilarious account from the experienced Legislature.

The point he was driving at is that, General Acheampong, the Head of State at the time contracted a loan to construct the bridge over the Bamboi river and many other projects.

He indicated that loans should not be seen as bad because it has contributed immensely to the development of this nation and is heavily relied upon by every government

He therefore called on MP’s to desist from creating the impression that the loans government contract does not benefit the people but rather throw light on the benefits of the loans as well.

Though mostly unappreciated, Member of Parliament demonstrated their commitment to the development of this nation by sitting in until 8:30pm.

The House is set to go on recess after today’s sitting.