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Very soon we may have to borrow to pay wages – Gabby Otchere-Darko

Gabby Otchere-Darko, a prominent figure in the ruling New Patriotic Party, has hinted that if action is not done, the government may soon have to borrow money to pay its employees’ salaries.

He contends that the meager domestic earnings is insufficient to cover the nation’s debt.

Despite the fact that Ghana’s economy is expanding, Mr. Otchere-Darko noted that it is insufficient to reverse the situation.

In a tweet on Monday, he said, Our economy is growing faster than most countries around the world. But, that alone can’t save us as confidence in our ability to service our debts is lowering. We can’t continue to use all the little revenues raised to pay our debts. Very soon we may have to borrow to pay wages!”

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