4 d. ago Developing Countries Face Historic Debt Drain, World Bank Reports

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/developing-countries-face-historic-debt-drain-world-bank-reports/Developing countries paid out $741 billion more in principal and interest on their external debt than they received in new financing between 2022 and 2024, representing the largest gap in at least 50 years, according to the World Bank’s latest International Debt Report released Wednesday. The stark finding underscores mounting financial pressures facing the world’s […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/developing-countries-face-historic-debt-drain-world-bank-reports/

Politics

7 d. ago African Finance Leaders Adopt Continental Blueprint to Combat Debt

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-finance-leaders-adopt-continental-blueprint-to-combat-debt/Africa’s top accountants and public financial managers adopted the Accra Resolution at the just concluded 2025 African Association of Accountants General (AAAG) Conference, promising a coordinated attack on corruption and ballooning national debt stifling the continent’s development. The resolution, developed over three days of intense dialogue from November 24 to 27 at Accra International Conference […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://www.newsghana.com.gh/african-finance-leaders-adopt-continental-blueprint-to-combat-debt/

Politics

2 w. ago Reparations debate escalates as Caribbean leaders head to London for historic talks

The CARICOM Reparations Commission has long argued that the legacy of slavery is not an abstract historical grievance but a measurable cause of persistent underdevelopment. Its ten-point plan calls for formal apologies, major educational programs, debt relief, and financial compensation.

Politics

3 w. ago Ghana moves from high risk to a moderate risk of debt distress

A Debt Sustainability Analysis (DSA) conducted in October 2025 confirms that Ghana has now moved from a high risk to a moderate risk of debt distress. According to the Finance Minister, Dr. Cassiel Ato Forson, this is a major milestone on the path to debt sustainability and creditworthiness restoration. Presenting the 2026 Budget in Parliament, […]

Politics

3 w. ago Government Secures Energy Debt Relief While Boosting Sector Efficiency

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/government-secures-energy-debt-relief-while-boosting-sector-efficiency/Finance Minister Dr Cassiel Ato Forson has announced that government successfully renegotiated all power purchase agreements with independent power producers, saving over US$250 million and restructuring GH¢1.1 billion in energy sector debt over a four year period. Presenting the 2026 budget to Parliament on Thursday, November 13, Dr Forson revealed that the Electricity Company of […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/government-secures-energy-debt-relief-while-boosting-sector-efficiency/

Politics

3 w. ago Ghana’s public debt drops from GH¢726.7bn to GH¢630bn – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has announced a significant decline in Ghana’s public debt, describing it as a clear sign that government’s debt management strategy and fiscal consolidation measures are producing tangible results.

Politics

3 w. ago Public Debt Strategy Targets Sustainability and Economic Resilience

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/public-debt-strategy-targets-sustainability-and-economic-resilience/Finance Minister Dr Cassiel Ato Forson has outlined Ghana’s Medium Term Debt Management Strategy for 2025 to 2028, focusing on concessional borrowing, risk reduction, and maintaining public debt below 70% of GDP to protect the economy from future financial shocks. Presenting the 2026 budget to Parliament on Thursday, November 13, Dr Forson announced that Ghana’s […] News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/public-debt-strategy-targets-sustainability-and-economic-resilience/

Economics

3 w. ago We met an economy in distress, weighed down by debt – Finance Minister

Finance Minister Dr. Cassiel Ato Forson has described the economic situation the governing National Democratic Congress (NDC) government inherited as one “weighed down by debt, weakened by mismanagement and stripped of confidence.” He made the remarks while presenting the 2026 Budget Statement in Parliament on Thursday, November 13, highlighting the efforts of the government to […]

Politics