General News of Thursday, 20 June 2019

Source: www.ghanaweb.com

LIVESTREAMING: IMANI Lecture on the sustainability of Ghana’s debt after IMF programme

Finance lecturer at the University of Ghana, Prof Godfred Bokpin Finance lecturer at the University of Ghana, Prof Godfred Bokpin

With Ghana's debt servicing absorbing more than 45% of tax revenue and crowding out priority spending, whilst the country is saddled with deteriorating infrastructure, unbalanced growth and negative out gap, the need to re-examine the country's debt dynamics has become imperatively necessary.

IMANI Ghana is, therefore, hosting a lecture which seeks to highlight how the just ended IMF program failed to deliver on debt sustainability for Ghana.

The lecture will also provide a historical perspective and the debt dynamics, how the rebasing of the economy in 2009 and the recent one provided false hope and perhaps a trap that points to the next IMF supported programme as the 2020 elections approach with all its ramification.

Watch the lecture by Professor Godfred Bokpin below.