13
Feb
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against rushing back to international capital markets, warning that such a move would be premature and risky. According to him, an early return could undermine investor confidence and reverse the gains made under Ghana’s debt restructuring efforts, exposing the country to unsustainable borrowing costs. Taliercio made these remarks at the launch of the World Bank’s latest Public Finance Review report, titled Building the Foundations for a Resilient and Equitable Fiscal Policy. His warning follows Ghana’s successful restructuring of its domestic and external debts, which secured significant…