您想继续阅读英文文章还
是切换到中文？
是切换到中文？
THINK ALUMINIUM THINK AL CIRCLE
Ghana’s debt will rise predominantly due to an annual assumption of 2% of GDP in the form of contingent liabilities.
The disbursals under the $2 billion financing deal with Sinohydro, an infrastructure financing deal that has been an ancillary by country’s yet-to-be-mined and refined bauxite resources.
{alcircleadd}This is at a pre-assumed stage that the annual execution rate of about $100 – $200 million in the funding requirements and the debt ratio.
The Federal Government is examining by issuing additional collateralized debt to support investment in bauxite refining in part to absorb surplus energy.
As an outcome, the debt burden has risen by nearly 10% points of GDP since 2017, in part as a consequence of the financial sector bailout in 2018-19 and the measures taken to clear legacy power utility debts estimated at 4.5% and 2% of GDP, respectively.
At the end of 2019, the estimated GDP of 64% may rise further over the next term.
Responses
