{"id":90802,"date":"2025-08-22T04:54:36","date_gmt":"2025-08-22T04:54:36","guid":{"rendered":"https:\/\/sotnews.agency\/?p=90802"},"modified":"2025-08-22T04:54:36","modified_gmt":"2025-08-22T04:54:36","slug":"hasten-slowly-with-international-capital-market-return-ifs-to-govt","status":"publish","type":"post","link":"https:\/\/sotnews.agency\/?p=90802","title":{"rendered":"Hasten slowly with international capital market return \u2013 IFS to gov\u2019t"},"content":{"rendered":"
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The Institute of Fiscal Studies (IFS) has urged the Government to resist the temptation of leveraging recently improved credit rating to launch a return to the international bond market.<\/p>\n

According to the think tank, an early return to the market could prolong and worsen the country\u2019s economic challenges.<\/p>\n

Speaking at a press conference on the assessment of government\u2019s mid-year fiscal policy review, Mr Leslie Dwight Mensah, a research fellow at IFS, said a return to the international bond market was not a sustainable solution to the revenue and financing challenges of the government.<\/p>\n

\u201cResuming such borrowing will cause the already high debt level to sharply worsen, causing debt service cost to sharply increase, rapidly,\u201d he said.<\/p>\n

He urged the government to prioritise improving revenue mobilisation by focusing more on the extractive sector.<\/p>\n

The call comes amid improved credit ratings from international agencies who, in the past, downgraded Ghana for its high debt level.<\/p>\n

President John Dramani Mahama also recently hinted at a possible early return to the international bond market when he addressed heads of private sector firms at the CEO Summit in May this year.<\/p>\n

Mr Leslie pointed out that Ghana\u2019s fiscal prudence over the past half year was largely underpinned by weak expenditure execution due to a difficult revenue mobilisation drive and harsh financing conditions.<\/p>\n<\/div>\n

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\"HastenThe Institute of Fiscal Studies (IFS) has urged the Government to resist the temptation of leveraging recently improved credit rating to launch a return to the international bond market.<\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_2277560469115098_106292521332774":"","twitter_aToxNzczMzI3Njk4OTg4ODUxMjAxOw==_1773327698988851200":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1926,7057,7058,1883,10,9],"tags":[],"class_list":["post-90802","post","type-post","status-publish","format-standard","hentry","category-government","category-ifs","category-international-markets","category-national","category-politics","category-popular"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/90802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=90802"}],"version-history":[{"count":0,"href":"https:\/\/sotnews.agency\/index.php?rest_route=\/wp\/v2\/posts\/90802\/revisions"}],"wp:attachment":[{"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=90802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=90802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sotnews.agency\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=90802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}