Borrow only for Revenue-Generating Projects

Borrow only for revenue-generating projects

The country needs to generate more revenue to cover its recurrent expenditure and not depend on borrowed funds for that purpose, the Presidential Advisor on the Economy, Seth Terkper, has said.  Speaking at the maiden Daily Graphic/Ecobank Economic Forum in Accra yesterday, he emphasised that the country should only borrow for capital projects that could […] The post Borrow only for revenue-generating projects — Terkper appeared first on Ghanamm…

General government revenue and expenditure

The statistics provide information on expenditure in the central and local government sectors, broken down by expenditure type and function. It also shows how revenue is generated, such as taxes, fees, user payments, interest and dividends.