The National Democratic Congress (NDC) flagbearer, John Dramani Mahama, has pledged to change the Public Financial Management Act to place a limit on how much the nation can borrow from foreign lenders.
While pointing out the lack of openness in the nation's debt management, Mahama...
The finance minister, Dr. Mohammed Amin Adam, said that as of June of this year, the central government's provisional total debt was GH¢742 billion (US$50.9 billion).
This amount is equivalent to 70.6% of the GDP.
Dr. Adam said, "This indicates an increase of 22.0 percent due...
As a result of the successful discussions on Ghana's debt restructuring, President Akufo-Addo has said that many of the nation's suspended projects will soon resume.
The President discussed the beneficial results of these discussions and their implications for Ghana's growth during the credential presentation ceremony...
