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Economist urges government to secure concessionary loans to reduce debt


Economist urges government to secure concessionary loans to reduce debt

June 1, 2021 at 11:53 AM

Economist, Dr. Lord Mensah is urging the government to go in for concessionary loans instead of commercial loans from the Eurobond market.

This comes after plans by government to raise as much as US$1 billion through the sale of sustainable bonds by July this year.

According to the Minister of State at the Ministry of Finance, Charles Adu Boahen, a portion of the proceeds from the sale of the sustainable bonds would be used for education and health-related infrastructure projects in the country.

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