The Ghanaian Finance Ministry is angrily refuting recent reports by Bloomberg News reflecting the increasingly widespread perception in the global financial community that the country is now over-extended and facing debt distress.
‘There are some serious factual errors in the article, which may give investors some cause for concern, if not corrected,” said the Ministry in a statement that aimed to challenge a January 13th Bloomberg report, which noted that Ghana’s debt nearly doubled over the past decade to 78.4% of gross domestic product (GDP).
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