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Ghana’s Heavy Borrowing Fails to Stimulate Economic Growth: Insights from Professor Quartey

March 17, 2025March 17, 2025 - by Victor Santos - Leave a Comment

Professor Peter Quartey has criticized Ghana’s borrowing over the past two decades for failing to stimulate investment and economic growth, with funds primarily used for salaries instead. He advocates for …

Business / Companies / economics

Ghana’s Heavy Borrowing Fails to Yield Expected Investment and Growth

March 17, 2025March 17, 2025 - by Aisha Khoury - Leave a Comment

Professor Peter Quartey highlights that despite Ghana’s considerable borrowing over the past two decades, the anticipated investment and economic growth have not materialized. He emphasizes the need for a legislative …