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Home Global

Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?

admin by admin
September 18, 2023
in Global
Can Ghana’s Debt Trap of Crisis and Bailouts Be Stopped?
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Emmanuel Cherry, the chief executive of an association of Ghanaian construction companies, sat in a cafe at the edge of Accra Children’s Park, near the derelict Ferris wheel and kiddie train, as he tallied up how much money government entities owe thousands of contractors.

Before interest, he said, the back payments add up to 50 billion cedis,…



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