Business News of Monday, 11 October 2021Source: www.ghanaweb.com• The World Bank has urged Ghana to exhibit transparency in debt reporting• It also urged other African countries to build on staff capacity for government• This was contained in the World Bank’s 2021 Africa Pulse reportSome African countries including Ghana have been charged to exhibit and improve on debt transparency, the World Bank’s 2021 Africa Pulse report has said. According to the Bretton Woods institution, it is critical for African countries like Ghana to collect and publish accurate data to improve their liability reportage. “Improving debt transparency remains critical. In particular, African countries need to collect and publish more and better debt data and improve contingent liability reporting. The World Bank on its part has cautioned Ghana to reduce its rate of borrowing.
