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
A coalition of local and international non-governmental organizations in governance in Ghana, is warning of a full-blown financial crisis if the continuous dependence on commodity exports is not immediately halted. In a report released in October, the group warned that failure of lenders carrying the cost of any irresponsible lending to the country, could plunge … Read more