David Malpass who is the President of the World Bank has cautioned that the country’s future generations are at risk if excessive borrowing does not cease. The latest call by the World Bank boss is only a reiteration of calls made by Dr Kofi Amoah who for the last couple of month has been championing an agenda to have the country stop borrowing for consumption. He currently has a loan petition up and running on social media where he is calling on well-meaning Ghanaians to sign and impress on the government to stop the excessive borrowing. That fight by Dr Amoah dubbed “Ghana Beyond Debt’. — citizen kofi amoah (@amoah_citizen) May 25, 2021Currently, Ghana’s debt stock stands at GH¢ 291 billion, translating into 76% of the total value of the country’s economy.
