Tag: Debt

According to Ofosu Kwakye, the president’s speech addressed key economic challenges

Ghana and Nigeria are facing significant economic challenges in 2025, with high inflation, currency depreciation, and restrictive monetary policies posing serious threats to growth. According to Deloitte’s Global Economic Outlook ...

The Institute of Economic Affairs (IEA), Ghana’s foremost economic think tank, has highlighted fiscal consolidation and effective debt management as critical pillars for ensuring the country’s economic stability. In its ...

According to the 2024 United Nations report on Unpacking Africa’s Debt, over 80% of Ghana’s external debt is denominated in US dollars, making the country highly susceptible to exchange rate ...

The African Development Bank (AfDB) has presented strategic measures to tackle the growing challenges of debt and foreign exchange (forex) in Nigeria and across Africa. These insights, shared by Prof. ...

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 ...