China’s Role in Ghana’s Ballooning Economic Crisis

Former Ghanaian President and current National Democratic Congress party leader John Mahama speaking at Labor Day conference in Accra. Image via CitiTV.

Ghana’s main opposition leader John Mahama issued a dire warning on Monday that the country risks becoming the next African country to default on its debt unless “drastic” measures are taken to stabilize the economy.

Mahama, who himself is a former President and now leader of the National Democratic Congress party, where he called on President Nana Akufo-Addo to fire Finance Minister Ken Ofori-Atta and reshuffle the cabinet to deal with the country’s soaring public debt that now tops $46 billion.

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by Eric Olander

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