Ghana spent nearly half of revenue on debt servicing in 5 years
2024-12-19
Ghana spent 42% of its revenue to servicing debt between 2017 and 2022, according to the 2024 United Nations report on Unpacking Africa’s Debt. This marks a significant increase compared to the 2010–2016 period, during which 27% of Ghana’s revenue was used to service debt. The 15-percentage-point rise in debt servicingContinue Reading