Audio By Carbonatix
Standard Charted Bank has warned Ghana risks running into serious financial distress unless urgent spending cuts are made by government.
In its Africa Focus report, the bank says "A rapidly weakening currency and higher yields on domestic and external debt are symptoms of Ghana’s increasing financial distress."
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
-
President Mahama’s First Year: Cautious reform or dangerous complacency?
2 minutes -
Prof. Bokpin calls on gov’t to apologise over NaCCA SHS teacher manual response
4 minutes -
UN Security Council weighs dangerous precedent set by US military operation in Venezuela
6 minutes -
‘Semenyo’s personality fits right with Man City team’ – Bernardo Silva
11 minutes -
One killed in road crash at Anyaa Market
16 minutes -
China announces record $1tn trade surplus despite Trump tariffs
19 minutes -
Global temperatures dipped in 2025 but more heat records on way, scientists warn
20 minutes -
Police arrest man over alleged sale of 3-year-old son for GH¢1m
23 minutes -
Asiedu Nketia calls for investigation into cocoa sack procurement under ex-government
28 minutes -
Ghanaians divided over DStv upgrades as government ramps up anti-piracy war
32 minutes -
African exporters face tariff shock as U.S. eyes AGOA Extension Bill
40 minutes -
Vanity, Power, Greed, and the People We Forgot to empower
44 minutes -
Economic recovery puts Ghana on track to end IMF oversight
46 minutes -
Health Minister directs teaching hospitals to operate 24-hour OPD and lab services
1 hour -
Drivers association warns against excessive sales targets, speeding amid rising road crashes
1 hour