ALL POSTS FILED UNDER: GHANA’S DEBT CRISIS
World Bank: Ghana’s debt crisis demands tough fiscal reforms
Add a CommentThe World Bank has attributed Ghana’s fiscal challenges to a lack of budget discipline, leading to unchecked public spending, surging interest payments, and increasing financial constraints. In its latest Public Finance Review, the Bank highlights that excessive election-year spending, costly … Read more →
World Bank, IMF blamed for Ghana’s debt crisis
Add a CommentAn Economist and Senior Lecturer with the University of Cape Coast (UCC), Dr John Gatsi has accused the Bretton Woods Institutions of luring Ghana into a debt trap. According to him, both the International Monetary Fund (IMF) and World Bank … Read more →
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(Nana Kwesi)