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National plan needed to tackle Ghana's rising debt stock – Dr. Sam Mensah

National plan needed to tackle Ghana's rising debt stock – Dr. Sam Mensah
modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.

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Book review: Inside Out

Book review: Inside Out
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Drastic expenditure cuts needed to check rising debt stock – Dr Sam Mensah

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. ....

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Budget today: First to be read by non-Finance Minister

Today is budget day and the government will outline bold policies backed by action plans to revitalise and stabilise the economy. ....

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