Ghana spent nearly half of revenue on debt servicing in 5 years
Source: Myjoyonline Ghana spent 42% of its revenue to servicing debt between 2017 and 2022, according to the 2024 United Nations report on Unpacking Africa’s Debt. This marks a significant increase compared to the 2010–2016 period, during which 27% of Ghana’s revenue was used to service debt. The 15-percentage-point rise in debt servicing from the 2010 […]
Ato Forson raises alarm over plan to buy ships worth €140m – Copy
The Minority Leader in Parliament, Dr Cassiel Ato Forson, has raised concerns over the government’s plan to purchase ships at an estimated cost of €140 million for the Ghana navy. Speaking on the matter in parliament on Monday, after the house resumed sitting, Dr Forson criticized the proposal, describing it as unnecessary and a burden […]