December 14, 2015

Ghana: Implications of the Rising Interest Costs to Government

Fiscal Alert 4 : Ghana: Implications of the Rising Interest Costs to Government One important feature of fiscal management in Ghana in the last few years has been the rapid rise in government borrowing, not just a rise in real debt but also a rise in debt/GDP ratio, pushing the country into a debt trap. With the country posting double-digit fiscal deficits […]