On Ghana’s 2021 budget and a looming debt crisis

Tesah Debt

The highlights of the budget presented to parliament on Friday 12th March 2021 were the size of Ghana’s debt to GDP ratio and the introduction of new taxes and levies. The provisional debt stock as at end-December 2020 which stood at nominal figure of GH¢291,614 million, representing 76.1% of GDP is the largest since 2000. […]