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Harmony Seyram ATTISE’s Business, Money & the Life:Let’s talk money, debt,...

The past months for me have been rigorous conversations with seasoned business people and financial moguls. Every bit of financial advice and intelligence has...

Rwanda GDP growth to slacken in 2020 due to coronavirus

Rwanda’s economic growth is expected to slow to 2% this year from 9.4% in 2019 as the COVID-19 pandemic hits tourism, transport and hospitality,...

Barry Eichengreen’s thoughts … Managing the coming global debt crisis

The developing world is on the cusp of its worst debt crisis since 1982. Back then, three years had to pass before creditors mounted...

Mauricio Cárdenas’s thoughts…..Emerging economies need new finance, not moratoriums

Many are calling for a temporary moratorium on all debt repayments by developing and emerging economies, in order to prevent the COVID-19 pandemic from...

China must step up on Africa debt relief – Ofori-Atta

China must do more to help ease the debt burden of African countries facing economic calamity due to the coronavirus pandemic, Ghana’s finance minister...

Moody’s: Higher debt burdens raise debt sustainability concerns in W/A

Togo, and to some extent Ghana and Nigeria, are among those facing risks to debt sustainability. Mali and Niger are vulnerable to shocks. Senegal and...

BoG increase stake in ADB…converts GH¢150m debt to equity

The Central Bank, through its wholly-owned subsidiary, Financial Investment Trust, has increased its stake in the Agricultural Development Bank (ADB) by converting a GH¢150million...

Don’t exit IMF completely – Seth Terkper

Former Finance Minister Seth Terkper has made a strong case for government not to completely exit the International Monetary Fund (IMF) programme, as it...

For every cedi collected in taxes, 42p goes to pay debt

interest payments to surpass wages and salaries Ghana’s debt situation is such that out of every cedi collected in taxes by the Ghana Revenue...

Ghana’s economy falls into debt trap – IFS says

The Institute of Fiscal Studies (IFS) has warned that, Ghana risk becoming a distress country if the rising debt stock is checked. According to the...

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