A summary of economic and financial data published by the Bank of Ghana puts the country’s total public debt at GH₵198 billion as at the end of March 2019. This means that GH₵24.8 billion was added to the public debt in the first three months of 2019. While the nominal debt figure continues to rise, […]
The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has warned that government’s appetite for loans will cripple the country’s future and saddle generations yet unborn with debt. According to him, government borrows to finance consumption instead of capital investment. Speaking at a forum organised by the Coalition for Restoration, under the theme […]
