Debt, Spending Spree Worsening

With two months to the December general elections in Ghana, analysts and development partners have expressed concerns about Ghana’s worsening debt situation as well as government’s spending spree. According to them, failure to check government’s borrowing appetite and expenditure could lead to a recurrence of the fiscal slippages experienced during the 2012 elections. The Institute … Read more

IMF Makes Adjustments To Ghana’s Bail-Out Programme

The International Monetary Fund (IMF) has been forced to make adjustments to the three-year extended credit facility to Ghana. This was revealed after the third review on Wednesday, September 28. The successful review enables the disbursement of $116.2 million to Ghana, bringing the total disbursements to $464.6 million. But the IMF mission admitted that waivers … Read more