Sentences with phrase «inherit huge debts»

The Deputy Governor assured the workers of the commitment of government to her financial obligations to the workers adding that, the current administration inherited a huge debt incurred by previous administrations.

Not exact matches

Intelligence gathered by The Finder indicates that staff of Ghana Cocoa Board (COCOBOD) are demanding salary increment despite a myriad of challenges, including the huge fall in the price of raw cocoa beans on the world market and GH 10 billion debt overhang inherited by the new management.

He said this was necessary considering that they inherited a «huge public debt in a country with its macroeconomic fundamentals in disarray.»

He said the government's prudent financial management was necessary considering that they inherited a «huge public debt in a country with its macroeconomic fundamentals in disarray.»

The TOR recovery levy was introduced by the Kufuor administration to pay off the huge debt it inherited from the Rawlings led administration.