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Home ⟩ News

Ghana News

Developing county borrowing costs increase 7 times more than US in past year

Interest rates on new developing country borrowing increased by an average of 2.2 percentage points over the course of 2018. Yields on low- and lower-middle income country debt, calculated by…

3 Jan 2019

Tim Jones

Ghana’s debt situation worsens as lenders continue to be bailed out

• IMF projections for debt, revenue and interest all over-optimistic • But public spending cut by more than initially planned • Debt crisis expected to continue for next twenty years,…

21 May 2018

Tim Jones

Ghana’s debt crisis worse than IMF expected, as lenders continue to profit

The IMF has completed the fourth review of its programme in Ghana, agreeing to disburse a further $95 million of loans, taking total loans to $565 million. The IMF has…

13 Sep 2017

Tim Jones

Global debt crises and threats increase across the world

Twenty-seven countries across the world are in debt crisis, with a further 80 at risk of being so, according to new figures released for World Debt Day on 16 May.…

16 May 2017

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