Ghana Won't Go HIPC

[Ghanaian Chronicle]Despite the excessive borrowing embarked upon by the government which pushed the country's public debt to GH¢29.6 billion, representing 44.7% of gross domestic product (GDP) in 2012, as against a debt of GH¢23.9 billion (42.6% of GDP) in December 2011, the Minister designate for Finance, Seth Tekper insists Ghana will not go to the Heavily Indebted Poor Country (HIPC) status. Read Full Story