{"id":250723,"date":"2016-09-22T18:13:39","date_gmt":"2016-09-22T18:13:39","guid":{"rendered":"http:\/\/citifmonline.com\/?p=250723"},"modified":"2016-09-22T18:13:39","modified_gmt":"2016-09-22T18:13:39","slug":"were-investing-in-projects-not-piling-debts-ndc","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2016\/09\/were-investing-in-projects-not-piling-debts-ndc\/","title":{"rendered":"We’re investing in projects not piling debts – NDC"},"content":{"rendered":"
The governing National Democratic Congress (NDC) has rejected claims that it is piling up the country’s debt stock with the number of foreign loans it had acquired in recent times.<\/p>\n
Speaking at the “Setting the records straight” series at the party’s headquarters in Accra today [Thursday], the Minister of Transport, Fifi Kwetey said government is rather investing the loans in projects and infrastructure in the country.<\/p>\n
“For us in the NDC, foreign loans are meant for investment,\u201d he added.<\/p>\n
He explained that the NDC government, led by President John Mahama is harnessing a bright future and fueling national development with the foreign loans.<\/p>\n