The one district one factory policy vision that inspired hope of employment for the large number of the unemployed, when Ghanaians were presented with the choice of leadership in the 2016 general elections, was an attractive campaign promise that seemed to have made the difference for the then, opposition – New patriotic Party (NPP) now … Read more
Government’s decision to turn to the domestic market for loans to finance key projects has received the support of the International Monetary Fund (IMF). With almost a half of the debt stock – GH¢68.9 billion or 40.8 per cent – in the hands of foreign investors, the IMF says should Ghana re-finance the fiscal deficit … Read more
The International Monetary Fund (IMF) has thrown its weight behind the government’s decision to rely primarily on domestic borrowing to finance the deficit this year. It says the country’s strong appetite for foreign debt in recent times could prove injurious to the economy in the long run, given its implication on debt refinancing and exchange … Read more