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Mobilise the funds as every gov’t has done to service our debts – Amin Adam to Mahama
Former Finance Minister Dr Mohammed Amin Adam has challenged President John Dramani Mahama’s concerns over Ghana’s debt service obligations, urging him to mobilise funds as every government has done in the past to meet these commitments.
Presenting what they call the “True State of the Nation Address” on Monday, March 3, Dr Amin Adam dismissed the President’s warning about the country’s projected debt servicing obligations, arguing that debt management is a routine responsibility of any administration.
President Mahama recently raised alarm over Ghana’s debt servicing obligations for the next four years, estimating that the government would need GH₵280 billion—comprising GH1₵50 billion for domestic debt and GH₵130 billion for external debt.
According to Dr Amin Adam, however, such obligations are not unusual and should not be used to instill fear in the public.
“The President tried to scare the Ghanaian people about the country’s debt service obligations for the next four years. Government at every time, provides for debt servicing obligations, and the President is aware of this. We expect him to mobilise the funds as every government in Ghana has done to service our debts,” he stated.
According to him, the New Patriotic Party (NPP) also did the same when the National Democratic Congress left power with debts in 2017.”
He further highlighted that the NPP administration’s debt management strategies had led to a significant reduction in Ghana’s debt levels and debt servicing burdens. “Through negotiations, Ghana successfully rescheduled its $5.4 billion debt owed to official bilateral creditors until after 2026.”
“The Agreement we reached with the Official Creditors Committee for Ghana entails a rescheduling of all debt service (principal & interest) falling due between December 20, 2023, and December 31, 2026. As a result, no debt service under bilateral debt will be paid until after 2026, including the debt we didn’t pay in 2023 since we declared the debt standstill.”
Dr Amin Adam further outlined the terms of the rescheduling, noting that the deferred amounts would be repaid in two installments—16 and 17 years after their original due dates—with interest rates ranging between 1% and 3%.
He stressed that this agreement applies to all official bilateral creditors and ECA-backed facilities signed and disbursed before the end of 2022.
“This provides breathing space for the current government,” he emphasised, adding that the debt service relief from these negotiations amounts to $2.8 billion.This is money that the government of Ghana would have paid but which now stands as savings to the country,” he added.
Dr Amin Adam urged President Mahama to focus on effective economic management rather than stirring fear about debt obligations that governments must automatically address.
Source: Myjoyonline.com
The Northern Regional Police Command has arrested three men believed to be part of a kidnapping syndicate responsible for abducting a 42-year-old man in Wapuli, a community in the Yendi District.
The suspects, Haruna Seidu, Amidu Bandi and Osman Bandi allegedly kidnapped the victim and demanded GH¢100,000 from his family for his release.
According to a police statement, officers from the Regional Police Intelligence Directorate were deployed to Wapuli after the incident was reported.
The team conducted surveillance and launched a rescue operation.
On Friday, December 5, 2025, police successfully rescued the victim and arrested the suspects after what was described as an intense exchange of gunfire.
The suspects were later taken into custody and are expected to be arraigned before court.
The Police said the a fourth suspect, who is believed to have sustained gunshot wounds during the operation, is currently on the run.
They urged the public to provide any information that may lead to his arrest.
By: Jacob Aggrey
News
Nana Yaa Serwaa Sarpong advocates Bold educational reforms at the UK House of Lords during Global Education Summit.
On November 27 2025, global development leaders, policymakers, education experts and civil society organisations gathered at the UK Parliament’s House of Lords for the Global Education Summit hosted by The Baroness Verma of Leicester and organised by the African British Business Forum.
The high-level event focused on the global rise in out-of-school children and the urgent reforms required to deliver equitable, quality education for all.
Among the distinguished Speakers was Nana Yaa Serwaa Sarpong, Founder & President of Women in Sustainability Africa (WiSA) and General Manager of the EIB Network, who delivered a compelling address on the theme “Breaking Barriers: Empowering Out-of-School Children Through Education.”
In her remarks, Nana Yaa who is currently celebrating 26years of Service in the Media, emphasized that education must be viewed as essential national infrastructure, not charity.
Borrowing experiences from her 18 years of empowering women and young people, she presented a strong case on how Africa’s poor educational systems tie into the poor state of its Gender Equality gap.
According to her, unlocking access to education is one of the most effective ways to strengthen economies, empower women and young girls, build resilient communities and drive sustainable development.
She highlighted that each child excluded from learning represents deferred innovation, delayed opportunity and a weakened society.
Nana Yaa noted that the barriers keeping millions of children out of school are complex and interconnected—ranging from poverty and cultural norms to geographical isolation and digital exclusion.
Addressing these challenges, she argued, requires solutions that are equally comprehensive and multi-layered.
Nana Yaa stressed that girls remain disproportionately affected, and investing in girls’ education has a transformative impact across several Sustainable Development Goals, including gender equality, poverty reduction, health outcomes and climate resilience.
Nana Yaa advocated for the expansion of flexible, inclusive and community-responsive educational models, such as mobile classrooms for remote and nomadic communities, community learning hubs, after-hours programmes for working children, radio-based instruction for low-tech areas and digital platforms designed to reach learners regardless of connectivity challenges.
She warned that without deliberate action, the digital divide would continue to widen, pushing already vulnerable children further to the margins.
During her presentation, she introduced three major reforms WiSA is seeking Partners for, aimed at reshaping educational access across Africa and beyond.
These are the Digital Bridge for Out-of-School Children (DBOC), the Community Education Stewardship Hubs (CESH) involving local women educators and youth volunteers and the Teen-focused Global Skills Accelerator for Out-of-School Teens (GSA-OT).
She also underscored the need for education systems that support instruction, inclusivity and healing, particularly for children experiencing autism, trauma, displacement or conflict.
Nana Yaa emphasised that emotional and psychological support must be integrated into educational frameworks in order to restore confidence, stability and long-term learning capacity.
The summit concluded with strong commitments from stakeholders to adopt sustainable financing models, strengthen data-driven policies and expand cross-sector partnerships.
The African British Business Forum reaffirmed its commitment to championing innovative, scalable solutions to educational inclusion across the UK, Africa and the wider global community.
