Ghana is in a debt crisis. Despite having had significant amounts of debt cancelled a decade ago, the country is losing around 30% of government revenue in external debt payments each year. 1 Such huge payments are only possible because Ghana has been able to take on more loans from institutions such as the International … Read more
A new report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country is losing around 30% of government revenue in external debt payments each year. It attributed the situation to a combination of the recent fall in the price of commodities and the loans not being used … Read more
A NEW report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country is losing around 30% of government revenue in external debt payments each year. It attributed the situation to a combination of the recent fall in the price of commodities and the loans not being used … Read more