Audio By Carbonatix
A former Deputy Governor of the Bank of Ghana, Dr. Mahamudu Bawumia, has painted a bleak picture of Ghana’s debt situation.
He said Ghana was on a slippery slope to the shackles of debt unsustainability, warning that unlike a decade ago when the nation enjoyed debt relief under the Highly Indebted Poor Countries (HIPC) initiative, this time around “debt relief is not available.”
He was delivering a lecture on the value of the national currency against major global currencies at the Central University College organized CUC Distinguished Speaker series.
Click on this link to access the full document.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Dr. Nyaaba calls for sustainable transport and organic inputs to support farmers
6 minutes -
MTN Ghana to extend earnings into second-half of 2026; share price going for GH₵6.69
9 minutes -
Bono Region faces doctor shortage as only 7 of 20 posted doctors report – Deputy Health Minister
16 minutes -
Mahama to cut sod for 160-bed referral hospitals in Oti, Savannah and Western North
18 minutes -
Dr Kwame Nkrumah’s birthday celebration: Africa must heed Nkrumah’s vision of unity – Prof. Lumumba
20 minutes -
Dr Nyaaba calls for green financing to help farmers switch to solar-powered irrigation
20 minutes -
Investor sentiment towards banking stocks to remain positive
25 minutes -
Ghana’s happiness index averages 4.70 as study flags concerns over governance, environment
25 minutes -
Parents urged to seek early treatment for childhood cancer
27 minutes -
AngloGold Ashanti Obuasi mine promotes inclusion through neurodiversity awareness programme
28 minutes -
TVET Service warns institutions against unauthorised fees during admissions
30 minutes -
Paramount settles lawsuit with US states, clearing way for $110bn merger with Warner Bros
31 minutes -
GIRSAL calls for affordable financing and technical support for Ghana’s smallholder farmers
31 minutes -
Kwame Danso 24-hour economy market project five percent complete – Minister demands improvement
32 minutes -
Ghana’s maternal mortality rate three times above SDG target – Mahama
34 minutes