Ghana’s public debt trajectory was even worse between 2012 to 2016 – Dr Bannor

A Development Economist, Dr Frank Bannor, has said that Ghana’s public debt, which was recorded at $8.07 billion in 2008, skyrocketed to $29.2 billion by 2016, indicating more than a threefold increase. This surge, he said, propelled the debt-to-GDP ratio to 73.1% by the end of 2016 (non-rebased economy). According to Dr Bannor, this reflects […]