IFS warns of deeper economic woes if Ghana continues domestic budget financing

The Institute for Fiscal Studies (IFS) warns that Ghana's economic problems will worsen if domestic financing continues to dominate the national budget.

IFS cites the government's struggle to access the Eurobond market, leading to increased competition with the private sector for loans.


This could cause a shortage of funds for investment, higher interest rates, and prolonged low economic growth.

Dr. Said Boakye of IFS calls for strategic measures to address issues like low revenue, fiscal rigidity, and corruption.