Sentences with phrase «government accrued the debt»

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.
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