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General News of Friday, 20 December 2024

    

Source: www.ghanawebbers.com

Mahama acknowledges Akufo-Addo government’s debt to international companies

President-elect John Dramani Mahama President-elect John Dramani Mahama

President-elect John Dramani Mahama has expressed surprise that the outgoing Akufo-Addo administration’s delayed payments extend to international companies, not just local firms.

During a meeting on December 19 with Canadian High Commissioner Myriam Montrat, she highlighted challenges faced by international companies over unsettled debts, describing it as a major deterrent to business operations.

Mr. Mahama acknowledged similar concerns raised by the U.S. ambassador, noting that American companies also reported unpaid contracts. He requested a comprehensive list of affected Canadian firms to prioritize resolving the issue.

The revelation underscores a broader concern about Ghana's fiscal management as Mahama prepares to address inherited economic challenges upon taking office.