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Setup independent body to audit Ghana’s public debt – Economist urges govt

Comment: Lol

Author:
Xbox
Date:
2020-01-18 17:48:46
Comment to:
This theory doesn't work in governance


You can't compare USA to Ghana. The USA government owe its citizens trillions of dollars secondly the interest rate on that debt is next to nothing. Ghana's debt is mostly held by foreign entities. Ghana can't continue to borrow saaa like USA cause when people realize you can't pay your debt they increase the interest rate to make it expensive to borrow ???? USA on the other hand have debt that majority is own by USA citizens. Like the government borrow majority of it money from the citizens unlike Ghana that borrow majority of the money from outside.

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