Don’t cut your way to growth, Bokpin warns Ghana: post-IMF austerity without revenue will kill the economy.
Godfred Bokpin, a Professor of Finance at the University of Ghana Business School, has warned that Ghana’s post-International Monetary Fund adjustment strategy should not be driven by expenditure cuts alone, as such action could jeopardise long-term fiscal stability and economic growth. “If fiscal consolidation is to be achieved mainly through expenditure cuts, it risks undermining…

