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Ghanas public debt is rising fueled by fiscal deficit and currency valuation effect driven also by the recent energy crisis, financial sector clean-up, and now

Ghanas public debt is rising fueled by fiscal deficit and currency valuation effect driven also by the recent energy crisis, financial sector clean-up, and now covid-19. In an election year, the deficit tends to escalate given the monetization and commercialization of the countrys elections. You are required:

  1. Discuss the risks associated with the rising public debt in Ghana and under each risk discuss key strategies that can be adopted to manage those risks (5 Marks)
  2. Discuss the implications of the rising public debt for private sector competitiveness in the face of the implementation of the African Continental Free Trade Area (AfCFTA) (10 Marks)

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