Ghana: Allocate greater shares of new loans to productive capital expenditures …Deloitte Ghana urges govt

The  government needs to allocate a greater share of new loans to­wards productive and self-sustain­ing capital expenditures in order to enhance revenue generation for the timely repayment of the nation’s debt, Deloitte Ghana has stated.

.According to the firm, “That is the most feasible option for achieving the optimal debt to Gross Domestic Product ratio.”

Deloitte Ghana in an analysis of the 2024 mid-year budget review said the resumption of debt service…