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Ghana’s Debt Situation: Implications for the Attainment of the SDGs
Ghana’s Debt Situation: Implications for the Attainment of the SDGs
May 29, 2023
The brief draws on other macroeconomic challenges such as inflation and also the depreciation of the national currency with crippling effects on debt servicing. All of these ultimately shrink the fiscal space for investment in the SDGs. By providing the context on the unsustainable debt situation in Ghana, the brief profers some solution pathways that will reduce the impact of the debt burden and free up fiscal space for investment in the SDGs. The solutions require both domestic efforts as well as international support given that many developing countries will continue to look outward, to foreign capital markets to meet huge funding needs for the SDGs.
Download the Policy Brief.