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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:
- 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)
- 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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