Posted 3/2/2024, 7:07:23 AM
Terkper: Ghana overspent during pandemic and can't keep blaming COVID for fiscal woes
- Former Finance Minister Seth Terkper says Ghana's government can't keep blaming COVID-19 for economic troubles
- Terkper Ghana had $6 billion in revenue during the pandemic but increased spending anyway
- Terkper argues Ghana should use fiscal balance, not just primary balance, to assess the economy
- Fiscal balance factors in interest payments on debt, which are now very high
- Terkper speaking at media dialogue on Ghana's IMF programme