Tag: Debt management
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Be circumspect in your debt accumulation in 2022 – Prof. Quartey to gov’t
The government has been urged to be circumspect when it comes to borrowing this year, 2022. This is according to the Director of the Institute of Statistical, Social and Economic Research (ISSER) at the University of Ghana, Professor Peter Quartey. A close look at the Summary of Macroeconomic and Financial Data from the Bank of…
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Government refutes claims maiden 20-year bond flopped
The Ministry of Finance has described the maiden 20-year bond issued last week as a success; refuting claims made by Bloomberg that the bond was a failure given that it was undersubscribed. The Ministry in a press release explained that the issuance of the longest-tenor domestic bond was to raise as much as GH¢450 million.…
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Government must borrow from domestic sources — Isaac Adongo
Isaac Adongo, the Member of Parliament (MP) for Bolgatanga Central constituency, has called on government to consider the concept and realisation of domestic borrowing instead of foreign borrowing. Mr. Adongo also a member of the Finance Committee of Parliament, said the challenge was that when a country borrowed a lot from external sources, it…