2017 Debt Servicing To Hit GH¢17.5bn
Debt servicing in 2017 is expected to hit GH¢17.55 billion, representing more than 25% of the total projected resource envelope for next year. It comprises GH¢11.1 billion (GH¢11,178,409,057) for interest payments and GH¢6.3 billion (GH¢6,371,656,454) for loan repayments. The high-interest payment is a reflection of unsustainably high public debt levels. Economic analysts have said the … Read more