WHY GHANA HAS SO MUCH DEBT..

David Aidoo writes… Public debt to gross domestic ratio increased from 54.7% (2017) to 61.2% in (2019), 74.4%(2020) and increased further to 76.6%(2021) reflecting some key events in the period. i Impact of covid-19 spending interventions leading to a budget deficit of 15.6% in 2020. ii. Banking sector clean up at the cost of GHS25BN

It’s Official; Ghana listed Among highly Indebted poor Countries

The heavily indebted poor countries’ list is a joint initiative by the World Bank and the International Monetary Fund.The aim of the initiative is to ensure that no poor country in the world ever faces a debt burden it cannot manage.Out of 36 countries on the list, African countries dominate. There are currently about 34

Another four years for Akufo Addo will be hell on earth for Ghanaians-NDC Disapora

Mr Prince Barfi, National Democratic Congress (NDC) Diaspora Supporters Union, is not mincing words when it comes to Ghanaian politics. NPP government, he said that Ghana’s future hinges on drastic changes that need to happen in 2020 general elections. “The country is a disaster,” Mr. prince Barfi, Secretary of NDC diaspora supporters Union Secretary said,

Ghanaians are in very hard times; things are not going well — RAWLINGS

Former President Jerry John Rawlings has admitted for the first time that times are hard in Ghana and that under the current dispensation, nothing seem to be working; MyNewsGh.com can authoritatively report. Mr Rawlings who was among dignitaries at the funeral of Nana Ama Obu Derby-Michaelis, mother of Vice President of the Ship Owners and

EU AMBASSADOR WILLIAM HANNA BIDS GHANA FAREWELL

President Nana Addo Dankwa Akufo-Addo has expressed government’s readiness to re-define and reposition Ghana’s relationship with the European Union (EU) in order to benefit from existing potentials for enhanced development. “We are looking to re-define and re-position our relationship with the EU on a new basis because we think that it’s a healthier basis and