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This Is What's Killing Ghana

Author:
ZongoMan
Date:
2018-05-06 13:46:11


Cost of borrowing...

The yield of 90-day Treasury Bill in Ghana is 13.35% and the US equivalent is 1.85%.

How can a country carry such a heavy burden of debt and expect to develop?

And the sad thing is that most of the borrower money in Ghana is used to pay old debt and workers' salaries.


https://www.ghanaweb.com/GhanaHomePage/business/Ghana-s-91-day-bill-yield-eases-to-13-32-649237

Z.


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Katsumi Yukimura
05-06 14:08
abaa - bii abuzotyel
05-06 15:38