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Confused Numerology. Critical News, 26th July 2015

Posted by Business in Ghana on July 27, 2015

Sydney Casely-Hayford, sydney@bizghana.com

For those of us who chose to ignore Finance Minister Seth Terkper’s mid-term budget review, we probably missed a lot in the art of numerology. I am an accountant by profession. I am actually a fellow of the Institute of Chartered Accountants, UK, I have been that for quite some time. I don’t do any more auditing work, a little beef I have with looking at numbers after people have raided the bank accounts and diverted all the cash they can lay their hands on.

And especially in Ghana, a source of immense frustration for me and right-thinking Ghanaians.

But back to numerology. I couldn’t listen to the full delivery in Parliament, so I chose to read the script in detail after the fact. I have to say one thing about the Ministry of Finance, they release electronic versions of all the speeches and fiscal reports in a timely fashion, allowing us analysts to do some back checking and interpretation. Just wish that the numbers were true and fair.

I have spent quite some time with the Controller and Accountant General’s reporting and was on the verge of pointing out the inconsistencies in the numbers and monthly aggregations when the junior doctors blew the lid on the late salary payments going back eleven months.

How on earthly Ghana does anyone survive if they don’t get a paycheck for eleven months? And how in the name of Mahama does anybody find a place for their head on a pillow, knowing that a future leader and bread winner of a family is being discouraged from thinking that a good training as a doctor with its full prestige and as close to God as you can get as a human, is not a worthy profession at the end of the month.

I won’t let my daughter run around with a man who cannot put a cheque on the table at the end of a month? Who born dog, that I should rear a child and cultivate her only for a loser with no future prospects and who would make her pay the bills and look after his self-acquired existence through her effort. Read the rest of this entry »

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