Ghana news briefing
SOE liabilities added 3% of GDP to Ghana’s debt yearly over decade – Ato Forson
Minister for Finance, Dr Cassiel Ato Forson, says the unchecked liabilities of state-owned enterprises (SOEs) added the equivalent of about 3% of Ghana's Gross Domestic Product (GDP) to the country's public debt every year over the last decade, describing the situation as a major driver of the nation's debt crisis.
Over the last 10 years, liabilities of state-owned enterprises have added the equivalent of about 3% of GDP to Ghana's public debt every single year," he said.
The Finance Minister maintained that Ghana's debt challenge was driven not only by fiscal deficits but also by the unchecked accumulation of liabilities by state-owned enterprises.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
