You are here: HomeBusiness2015 11 24Article 396038

$8.5bn required to service debt

This article is closed for comments.

Read Comments Comments (4)

  • Abena Akore 8 years ago

    So every Ghanaian is saddled with about $330 to "service" the debt per year; without actually paying the debt. Jesus Christ! how can anyone allow this level of borrowing. It is NOT FREE MONEY.

  • ZAC 8 years ago

    100 billion cedis debt load in just seven years, and he wants another four year? People of Ghana we are not fools.
    It is time to make your ballot speak for you.
    A nine billion dollars a year just to service our debt is a cr ...
    read full comment

  • kuku 8 years ago

    there's a lot wrong with borrowing @ 20-25% a year... its the quickest way to being defunct. this must be unconstitutional

  • Kwasi 8 years ago

    This is not modern economic thinking...Go check out the debt of other countries, both advanced and developing to see what is going on. Post 2007/2008 the world is in a new (unprecedented) financial order. Most of the "colo" t ...
    read full comment