Tag: Debt

Ghana’s national debt has been a growing concern in recent years, particularly as it continues to climb to unprecedented levels. With elections approaching, the issue of government debt has taken ...

Ghana’s economic outlook is poised for a significant shift as the country prepares for a potential reassessment of its debt distress classification. According to the World Bank Country Director, Robert ...

Ghana’s escalating debt has become a focal point of concern for economists, casting doubt on the nation’s financial sustainability and the debt management strategies of future governments. The country's debt ...

In 2024, the Government of Ghana is projected to need between US$600 million and US$800 million to service its external debt, according to estimates from IC Africa Research. This significant ...

Kofi Asare, the Executive Director of Africa Education Watch, has highlighted serious concerns regarding the significant debts owed by the Government of Ghana (GoG) to the West Africa Examination Council ...

Ghana’s aspirations to emerge from default and economic turmoil have been dealt a major blow as the country failed to reach an agreement with international bondholders to restructure $13 billion ...

In its latest Africa Pulse Report released in April 2024, the World Bank has shed light on Ghana's borrowing trends in comparison to other African nations like Zambia and Ethiopia.  ...

The Member of Parliament for Tamale South in the Northern Region and former Minority Leader, Haruna Iddrisu has urged Parliament to ensure that no government under the Fourth Republic is ...

Among the African nations navigating debt hurdles and its adjoining consequences, Ghana stands out as the 7th most-indebted country to the International Monetary Fund (IMF), reflecting the complex dynamics of ...

Three years after defaulting on its foreign debt, Zambia finds itself mired in a protracted and challenging negotiation process with its creditors. This financial quagmire has left the southern African ...