China could take over Ghana’s mineral resources over unpaid loans – IMF
The International Monetary Fund has warned that China could take over Ghana's mineral resources over unpaid loans. According to its ...
Tag: Debt
Ghana may hold the record as country with most borrowings ever – Ato Forson
Minority leader in Parliament, Hon. Cassiel Ato Forson, has bemoaned the rate at which the Akufo-Addo-led government keeps borrowing despite ...
A/R: Kejetia market traders close down shops over Gh¢5m ECG debt
Some traders within the Kejetia market in Kumasi in the Ashanti Region have begun closing down their shops over what ...
Gov’t to pay road contractors before end of year – Minister
The Minister of Roads and Highways, Kwasi Amoako-Atta says government would clear a “chunk” of outstanding debts owed road contractors ...
Keep your hands off of our pensions – Health Services workers to Gov’t
The Health Services Workers Union has warned the government not to touch their pensions as part of a debt-cutting plan. ...
Moody’s downgrades Ghana ratings to Ca
Moody's Investors Service ("Moody's") has downgraded Ghana's long-term issuer ratings to Ca from Caa2 and changed the outlook to stable. ...
Ghana’s debt stock now ¢450bn in 6 years – Ofori-Atta tells Adhoc Committee
Ghana’s total debt to GDP has skyrocketed to GH¢450 billion in 2022 from a total of GH¢120 billion in 2017, ...
E/R: Koforidua GWCL drags 21 customers to court over debt
The Ghana Water Company Limited (GWCL) in the Eastern Regional capital, Koforidua has intensified efforts to retrieve arrears owed by ...
We need to restore Fiscal Discipline, Debt Sustainability – Bawumia
The Vice President, Dr Mahamudu Bawumia, has hinted at Government’s intention to implement “bold, difficult but firm decisions” in the ...
China cancels debt of 17 African countries
Africa’s largest bilateral lender, China says it has waived debt owed by 17 countries in the continent for 23 interest-free ...
