It is unclear how the immediate past National Democratic Congress
government accrued the debt, particularly when about 452 prospective pilgrims could not make the trip, and yet their monies were not refunded to them.
Not exact matches
The energy
debt is estimated at GHc 10 billion but in all,
government accrued some GHc 4.69 billion from the energy bond.
According to him, if revenue
accrued from gold, cocoa, oil and other exports were managed properly, Ghana will not be saddled with huge
debts although
government has maintained that huge drop in prices of exports products last year has dwindled its revenue.
Some oil marketers had on Monday, appealed to the federal
government to pay their outstanding
debts of two billion dollars (N720 billion) owed on the importation of petrol products and the
accrued interests on bank loans.
«This
debt was
accrued for the provision of various services such as fumigation, compensation for GYEDA [Ghana Youth Employment Development Agency], sanitation garbs, the provision of landfill management services, as well as
debts arising from contracts with the ministry of Local
Government and Rural Development and Metropolitan Municipal, and District Assemblies.»
Our biggest bubble, which is still inflating, are the
debts of the US
Government, both explicit and those not
accrued for.
With Stafford Loans, a portion of your
debt may be
government subsidized, with a lower rate and your interest will not
accrue during school on subsidizes loans.
In many cases, the
government can pay the interest on the
debt so that you are not
accruing more of it.