News24x7 — real news, all sources, 24/7
💰 Business & Finance

Interest payments to average a high 20% of government revenue over next 4 years

Reported by MyJoyOnline · · Charles Nixon

Interest payments to average a high 20% of government revenue over next 4 years — photograph supplied by MyJoyOnline

Image: MyJoyOnline

According to the US-based firm, the reduction is underpinned by the effects of debt restructuring, the cedi's exchange rate appreciation in 2025 and lower local currency financing costs, as inflation and local interest rates fell to multiyear lows.

Read the full story on MyJoyOnline →

News24x7 shows the headline and a short extract only. The full article, its images and all rights belong to MyJoyOnline.

More in Business & Finance

See all →
💰 Business & Finance

MoFA urges Finance Ministry to reverse World Bank food programme withdrawal over GH¢643m commitments (opens on the publisher’s site)

The Ministry of Food and Agriculture (MoFA) has urged the Ministry of Finance to reverse Ghana’s withdrawal from the West Africa Food System Resilience Programme (FSRP), warning that the decision could put GH¢643.87 million in existing contractual commitments at risk. In a letter to the Finance…

MyJoyOnline details