Aid and campaign groups, including Oxfam and Christian Aid, have called on the international community to cancel a large portion of Gahan’s debts as it struggles to deal with the worst economic crisis in the country’s history only a few months before it is due to host the African Games in Accra.
Ghana’s consumer inflation rose to a record 54 per cent year-on-year last month, driven by rising fuel, utility and food costs.
The country’s international reserves have dwindled to less than two months of import cover.
“The people of Ghana have suffered extensively from the crisis,” the groups, which all have operations in Ghana, said in an open letter on Wednesday.
“Wealthy private lenders must share in the costs of a crisis they helped…
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