General News of Monday, 26 April 2021Source: www.ghanaweb.comSir Samuel Esson Jonah, the Executive Chairman of Jonah Capital, an equity fund based in Johannesburg, South Africa, has revealed that the state of the Ghanaian economy and its prospects keep him awake at night. Sam Jonah noted that one of the most alarming aspects of our macroeconomic situation is the debt crisis. The domestic debt component is 51.4% of total debt while external debt is 48.6%. In 2020, the emoluments of government employees represented 28.3% of total expenditure while interest payments amounted to 24.6% of total expenditure. Capital expenditure was only 12.1% of total expenditure in 2020.
