Gov’t Slashes Borrowing Rate

PRESIDENT AKUFO-Addo has honoured his promise of reducing Ghana’s rate of borrowing.

This can be evidenced from the fact that the debt to GDP ratio, which increased by 49% between 2008 and 2012; and 19% between 2012 and 2016, has recorded 3.9% between 2016 and 2019 (excluding the cost of the banking sector clean-up or 9.3% including the cost of the banking sector clean-up).

 
Recipient Email: *
 
Your name: *
Your Email: *