According to the 4th Quarter Collateral Registry Report, banks accounted for GH¢4.5 billion of total secured loans in quarter 4 of 2023, indicating a decline of 63.0% from the GH¢12.3 billion recorded in Q4 2022.
The government is set to introduce a housing scheme specifically designed for the middle class, facilitating their ability to purchase or construct their own homes.
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.