Ghana's public debt crisis: Lessons for the present and the future
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New Patriotic Party flagbearer Mahamudu Bawumia has
World Bank (2022) found that the fiscal deficit widened slightly to 9.3% of GDP in 2021 but further increased to 12.1% of GDP in 2022 due to higher spending. Public debt rose from 79.6% in 2021 to over 88.1% of GDP in 2022, as debt service-to-revenue reached 117.6%.
World Bank (2022) found that the fiscal deficit widened slightly to 9.3% of GDP in 2021 but further increased to 12.1% of GDP in 2022 due to higher spending. Public debt rose from 79.6% in 2021 to over 88.1% of GDP in 2022, as debt service-to-revenue reached 117.6%.
The Human Rights Court in Accra has dismissed an application filed by Dr Papa Kwesi Nduom, GN Savings and Loans, and another party, challenging the Bank of Ghanas (BoG) revocation of the entitys license. | Pulse Ghana