Professor Peter Quartey of the Institute of Statistical Social and Economic Research (ISSER), University of Ghana, has urged policymakers to impose a strict debt ceiling, implement prudent financial management strategies, and strengthen institutional oversight over the country's resources.
He is also emphasising the need for greater transparency in public procurement and better planning for capital projects to avoid misallocation of resources.
Prof.
Quartey made the recommendations when he delivered a thought-provoking analysis of the nation's borrowing practices and its effects on investment and growth at the 2025 Ghana Academy of Arts and Sciences Inaugural Lecture, where the growing debate over Ghana's debt sustainability took centre stage.
