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Let technocrats speak freely, critique—Sam Mensah
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Inside Out: Dr Sam Mensah s book on financial sector launched
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National plan needed to tackle Ghana s rising debt stock – Dr Sam Mensah
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Book review: Inside Out
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Drastic expenditure cuts needed to check rising debt stock – Dr Sam Mensah
May 6, 2021 Dr Mensah
A former Technical Advisor at the Finance Ministry, Dr Sam Mensah has called for some drastic expenditure cuts and prudent use of public expenditure to deal with Ghana’s rising public debt stock.
Speaking on PM Express Business Edition on JoyNews, Dr Mensah noted that another way of dealing with the situation was the political will to take on public officials that have misappropriated state funds.
Dr Mensah made these comments on the topic; Ghana’s Rising Debt Stock and the Financial Sector.
Ghana debt stock has reached GH¢291 billion ending December 2020. There are fears that looking at the way the country’s debt stock is rising, it could soon be classified as a Debt Distress country when the World Bank meets this year to review the debt distress positions of its members for this year.