Sep 05 2009

World Bank cannot absolve itself from blame

By Boboshanti

Accra, Sept. 4, GNA – Dr Joe Abbey, Executive Director, Centre for Policy Analysis (CEPA), has said the World Bank could not absolve itself from blame with regard to the country’s deterioration of fiscal discipline from 2006 to 2008.   He said the excuse that lack of transparency and accountability by the immediate past administration had provided an enabling environment for the deterioration of fiscal management and increase in the budget deficit was not noticed until late 2008 could not be accepted because the persistent deterioration of Ghana’s fiscal discipline was noticed in 2006.   Dr Abbey made the observation when presenting a ...

Keep reading »