The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, has raised issues against the decision of the government to return to the international capital markets.
Dr Kwakye expresses the view that the debt crisis Ghana is not over hence no need to return to the international capital market now. "Do we really need to return so soon to international capital markets when our debt crisis is not yet over and we have suspended external debt payments?
Why can't we try to balance our budgets to reduce borrowing?"He wrote on X.
His comments come at a time when the Government of Ghana announced that Ghana is back on the international financial markets after successfully completing the transaction of restructuring $13 billion in Eurobonds today Tuesday, October 8.