
Ghana has been classified among 10 countries globally by CFR Sovereign Risk Tracker that are at risk of debt distress.
The country was scored a mark of 10, meaning it has a 50% or higher chance of defaulting in the next five years.
This is coming after the nation’s debt reached an alarming level of ¢391 billion as of quarter one, 2022, approximately 78% of Gross Domestic Product (GDP).
Ghana will be in hot economic hot waters after this hot information hits social media making Ghana a spot for worry.
Though the New Patriotic Party has done their but in scoring a better position and erasing a bad canker in this economic crisis yet it's pointing to the same spot.
Do you think Ghana has what it takes under the leadership of Nana Addo to change things?
Kindly do well to share, like and follow me informative and insightful news in the country and beyond.
Content created and supplied by: BATACH (via Opera
News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform
See More
COMMENTS