Director of IEA Questions Govt's Loan Approvals Despite Economic Challenges

Monday, 11 March 2024, 09:42

In a recent discussion, Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), raises concerns over the government's continued pursuit of loan approvals in the face of severe economic struggles. Despite existing heavy debt levels and financial crises, the government appears steadfast in obtaining more loans, prompting scrutiny from economic experts.
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Director of IEA Questions Govt's Loan Approvals Despite Economic Challenges

Discussion on Government's Loan Approvals

In a recent conversation, Dr. John Kwakye, Director of Research at the Institute of Economic Affairs (IEA), highlighted concerns surrounding the government's persistent pursuit of loan approvals.

Amid Economic Challenges

Despite the country's heavy indebtedness and financial instability, the government seems determined to secure additional loans, raising questions about the rationale behind these decisions.

Dr. Kwakye emphasized the urgent need for transparency and accountability in the government's borrowing practices to ensure sustainable economic development.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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