Audio By Carbonatix
Part 1 of this series on the Public Debt states that its rate of accumulation and stock have deteriorated since 2016, despite recent significant fiscal endowments from three petroleum fields (i.e., TEN, Jubilee, and Sankofa) since 2017 — compared to only Jubilee.
Part II shows that the budget and fiscal balances have not improved, notably, with inclusion of bailout costs and exclusion of “offsets”. It continues to track the alleged end-2016 election-year budget overruns which successive Budgets now lower from 10.3 per cent (2017) to 9.3 per cent (2018) and 6.5 per cent (2020 Budget). These “offsets” neutralize an inflated end-2016 amount of GHc5.03 billion to avoid carrying it forward to 2017.
Read the full analysis by former Finance Minster, Seth Terkper, below.
Latest Stories
-
Big Smiles, Bigger Bounces: Kids take over the fun at the Joy Party in the Park
24 minutes -
Joy FM Party in the Park 2025: Kwabena Kwabena takes centre stage
46 minutes -
Ghana-Nigeria cyber-fraud network dupes over 200 victims of $400,000
55 minutes -
Tackling terrorism requires jobs and anti-corruption drive, not strikes alone – Nigerian security analyst
57 minutes -
Terror attacks in Nigeria affect all faiths, not only Christians – Security analyst
60 minutes -
$120,000 stolen from Ghanaian financial institution by hackers – INTERPOL
1 hour -
Modern security management defined by trust – IGP
1 hour -
The True Significance of Christmas: Pagan origins or Christian celebration
1 hour -
US strikes on terrorists in Nigeria timely and strategic – Security analyst
1 hour -
Patrons dance through drizzles at Joy FM’s Party in the Park 2025
1 hour -
Samini thrills fans at the 2025 Samini Xperience concert
2 hours -
Gov’t targets 99.9% electricity access by 2030 as Awurahae, Sapor get power after decades
2 hours -
Ghana EXIM Bank repositioned to reduce import bill on rice, poultry – CEO assures
2 hours -
Photos: Hundreds turn out for Joy FM’s 2025 family party in the park
3 hours -
Volta Regional House of Chiefs renew call on Immigration to remove inland barriers at Sogakope, Asikuma
3 hours