Ghana faces fiscal imbalance, a decade of overspending and debt - World Bank
The World Bank Public Finance Review Report reveals a troubling trend in Ghana’s fiscal management, marked by a significant lack of budget discipline since 2010. The nation’s public spending has ...
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Focus on long-term fiscal reforms key to Ghana’s sustainable growth — World Bank report
The World Bank Group has emphasized the need for Ghana to pursue comprehensive fiscal reforms to build a resilient and ...
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World Bank cautions Ghana against early return to international capital markets
Robert Talierco, the World Bank rsquo;s Country Director for Ghana, Liberia, and Sierra Leone, has cautioned Ghana against an ...
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Lack of fiscal discipline plunged Ghana into full-fledged crisis in 2022 – World Bank
Similarly, it said the fiscal system’s weak expenditure controls enabled a vicious circle leading to reduced fiscal space and ...
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Ghana’s wage bill consumes massive share of revenue, warns World Bank
In 2024, the government budgeted 63 billion Ghana Cedis for employee compensation, while total revenue and grants were ...
Ghana signs debt restructuring agreement.
Ghana has signed a memorandum of understanding (MoU) with its bilateral creditors, including China and France, to restructure ...
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Ghana formalises debt restructuring with official creditors
Ghana says it has signed a memorandum of understanding with its official creditors, an essential process in restoring the ...
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Ghana Eyes Growth with Long-Term Fiscal Reforms
The World Bank Group's latest Public Finance Review report, titled "Building the Foundations for a Resilient and Equitable ...
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Ghana gets $2.8bn debt relief from formalising debt restructuring
As all participating countries signed the memorandum of understanding to formalize the debt restructuring agreed with Ghana's ...
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Unlocking Ghana’s economic potential through financial literacy
By investing in financial literacy, Ghana can unlock its economic potential, reduce inequality, and pave the way for a more ...
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Tax cuts, energy debt, and cedi stability dominate Gov’t-IMF talks
Tax cuts, revenue administration reforms, energy sector debt management, expenditure controls and exchange rate stabilization ...
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Ghana government cautioned to avoid another debt restructuring
The Institute of Economic Affairs (IEA), a public policy think-tank, has cautioned the government against another debt restructuring by deliberately raising more revenue and being fiscally responsible ...