World Bank (2022) found that the fiscal deficit widened slightly to 9.3% of GDP in 2021 but further increased to 12.1% of GDP in 2022 due to higher spending. Public debt rose from 79.6% in 2021 to over 88.1% of GDP in 2022, as debt service-to-revenue reached 117.6%.
World Bank (2022) found that the fiscal deficit widened slightly to 9.3% of GDP in 2021 but further increased to 12.1% of GDP in 2022 due to higher spending. Public debt rose from 79.6% in 2021 to over 88.1% of GDP in 2022, as debt service-to-revenue reached 117.6%.
The case of Ghana's domestic debt crisis, 2022/2023 – ghanamma.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ghanamma.com Daily Mail and Mail on Sunday newspapers.