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Reckless spending could crash Ghana’s economy - Alfred Thompson warns

Economist Alfred Thompson warns that reckless public spending could derail Ghana’s economic recovery and trigger a crash.

During a discussion on economic governance, governance expert Dr. Alfred Thompson has warned that unchecked and reckless public spending could lead to a collapse of Ghana’s recent economic recovery gains. He highlighted that continued fiscal indiscipline, especially around election cycles, could widen deficits, undermine debt sustainability, and erode investor confidence, exposing the economy to renewed instability despite current signs of improvement.
Status
active
Location
Accra, Ghana
Date added
2026-03-25 11:27 UTC
Last updated
2026-03-25 11:27 UTC
Source
https://www.ghanaweb.com
Connected threats
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