Mr Mahama recounted that when he was in office for four years, his administration took loans of about $3.5 billion to develop the country.
With this amount, he said, his administration was able to build new harbours, airports and other infrastructure.
However, he said, the current Akufo-Addo administration took a loan of about $11.5 billion in the first five years but has not been able to provide the needed equivalent development projects.
He expresses the view that if he had gotten the $11.5 billion that President Akufo-Addo had, Ghana would have been Dubai under his administration.
“Within five years [President Akufo-Addo] took a loan of $11.5billion. I was in power for four years, all the things we did, new harbours, airport and all the things were from a $3.5 billion loan that we took.
Ghana would have been like Dubai under me if I got the kind of money Akufo-Addo hadhe said during a Special prayer session by Moslem clerics and imams in the Ashanti Region Monday, December 2.