Ghana’s economic health has been very poor in recent years. Over the past three years, the country has suffered debt crisis, macroeconomic instability, and low growth, which have led to declining living standards, worsening unemployment, and disaffection with the government. This was caused by an extended period of sharp debt buildups and large debt service payments, which eventually led, in early 2022, to downgrades in Ghana’s credit ratings and thus loss of access to the international bond market. Since the past administration started implementing the International Monetary Fund (IMF)-supported program in 2023 to address the crisis, the extraordinarily harsh conditions […]