25
May
Director of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Professor Peter Quartey has cautioned the government to hasten slowly in returning to the international capital market to borrow following the $ 3 billion programme approved by the International Monetary Fund (IMF). He said borrowing at a commercial rate at the moment will not be helpful to the country because of huge interest payments. He suggested to the government to rather focus on raising revenue domestically by enhancing the tax net and also improving tax collection measures. Speaking on the Ghana Tonight show on TV3 Wednesday,…