ALL POSTS FILED UNDER: HIPC
IMF spokesperson says Ghana no longer qualifies for HIPC
Add a CommentA couple of weeks ago, there were concerns among some economic analysts that Ghana’s debt portfolio had gone so high, it qualified the country again for the Heavily Indebted Poor Countries (HIPC) Initiative. The Graphic Business (GB), therefore, sought some … Read more →
Ghana finally sunk into HIPC?
Add a CommentThe National Democratic Congress (NDC) government has finally sunk Ghana into the Highly Indebted Poor Country (HIPC) status through increased borrowing. The country’s debt stock reached GH¢94.5 billion in June 2015 from GH¢88.2 billion in May, representing 70.9 percent of … Read more →
Ghana slowly moves to HIPC
Add a CommentGhana is likely to soon cross the dreaded 70 percent mark of debt-to-GDP ratio that could push it into the Highly-Indebted-Poor-Country (HIPC) category, economic analysts have indicated. The country’s public debt recorded GH¢88 billion as at March this year, representing 67.3 … Read more →
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(Nana Kwesi)