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Ghana’s borrowing test deepens as investors demand higher returns

The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
The busy street of Kwame Nkrumah Circle, Accra, Ghana @ Pixabay
  • Ghana misses Treasury bill target by GH¢1.03bn ($87.7m)
  • Rising yields complicate IMF-era recovery narrative

 

ACCRA, GHANA – Ghana’s government has again fallen short of its Treasury bill fundraising target, while a simultaneous rise in yields is raising fresh questions about investor sentiment towards the country’s fiscal recovery.

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