March 12, 2018

Ghana’s Growing Public Debt and Its Implications for the Economy

Fiscal Alert 11: Ghana’s Growing Public Debt and Its Implications for the Economy Rising public expenditures in the context of persistently weak revenue performance have undermined Ghana’s fiscal and debt sustainability in recent years. As the coun- try’s fiscal risks remained high, credible fiscal consolidation was required to reverse the unfavorable debt dynamics and reduce domestic refinancing risks. The fiscal management […]