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Ghana Forum/Politics
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Rising population makes expenditure cuts unrealistic – IEA

modernghana.com/news/1...

submitted 3 months ago by afia3

submitted 3 months ago by afia3

  • The Institute of Economic Affairs (IEA) warns that Ghana's growing population is making it challenging for the government to cut spending effectively, as the demand for essential infrastructure like schools and hospitals is increasing rapidly.
  • The IEA suggests that instead of drastic spending cuts, Ghana should focus on boosting domestic revenue to address the structural pressures and reduce dependence on debt, emphasizing the importance of owning and controlling natural resources for revenue mobilization.
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