(3 Minutes Read)
As part of long-term plans to improve debt sustainability and rebuild investor confidence, he announced the establishment of two separate sinking fund accounts to help Ghana repay both domestic and external debts falling due between 2026 and 2028, without putting fresh pressure on the national budget.
The Executive Director of the Institute of Public Policy and Accountability, Paul Twum-Barimah, has called for a deliberate effort to diversify Ghana’s export commodities to include shea nut, oil palm, and other extractives.
He explained that enhancing exports through value addition and the inclusion of non-traditional commodities would help build adequate international reserves.
These reserves, he said, would serve as a buffer to mitigate the impact of global economic shocks and reduce the rate of exchange rate depreciation.
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https://trendsnafrica.com/ghana-to-maintain-macroeconomic-target-for-2025-mid-year-budget-presented/
As part of long-term plans to improve debt sustainability and rebuild investor confidence, he announced the establishment of two separate sinking fund accounts to help Ghana repay both domestic and external debts falling due between 2026 and 2028, without putting fresh pressure on the national budget.
