Sentences with phrase «borrowed by all past governments»

The Uhuru administration has been accused excessive borrowing, with an estimate that it has borrowed much more than the accumulative amount borrowed by all past governments since independence.

Not exact matches

Since risk spreads for most borrowers have also declined this means that overall borrowing costs for rated borrowers, corporate and most governments, are low by the standards of the past few decades.

The next fiscal squeeze could be very different from those of the past few decades if it starts with a debt wall more comparable to that of the 1920s and 1930s, when governments» room for fiscal manoeuvre was sharply limited by their predecessors» decision to fund the huge costs of World War I largely by borrowing rather than by taxes.

It is shameful and embarrassing that having been in power close to two years with massive borrowing (over GHC 40 billion), goodwill, huge oil revenue, revenue generating policies bequeathed to it by the past administration, the Akufo - Addo government is unable to point to cogent and data driven achievements.

First, it was recently reported that over the past 12 months 46 cents of every dollar spent by government was BORROWED!