The government has successfully negotiated a restructuring agreement with its external bilateral creditors. This deal secures delayed interest payments and extends the maturity dates on the debt, providing immediate fiscal ...
Interest payments on government debt continue to rise, reflecting the government’s growing appetite for borrowing. This is forcing the country to use a chunk of its revenues to service its ...
Ghana has saved an amount of GH¢3,336 million as a result of a downward revision of the government’s planned interest payments for the 2021 fiscal year. According to the Minister ...
Discretionary expenditure, spending that government can decide whether to undertake or not, continues to dominate the government’s spending patterns over the years, accounting for 86% of the government’s total spending ...
Ghana’s interest payments on its borrowing is expected to increase this year due to additional borrowings to finance government’s increasing expenditures. According to American credit rating agency, Fitch Ratings, Ghana’s ...
Copyright © 2021 The Vaultz News. All rights reserved.