NEW UK PRIME MINISTER NOT THE LEADER BRITAIN NEEDS — KEMI BADENOCH. (PHOTO)

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 New UK Prime Minister not the leader Britain needs — Kemi Badenoch UK Conservative Party leader, Kemi Badenoch, has congratulated Andy Burnham on becoming Britain’s new prime minister but said while he is “a nice man,” the country needs a leader capable of making difficult decisions rather than “a people pleaser.” In a statement released on Monday on X following Burnham’s assumption of office, Badenoch wished the new prime minister success but vowed to hold his government accountable as Leader of the Opposition. “Today, Britain has a new Prime Minister. I wish Andy Burnham every success. Because we need a Prime Minister and a Government focused on fixing the public’s priorities,” she said. Badenoch said her role was “to hold the Prime Minister to account, not to be his cheer leader.” “My job as Leader of the Opposition, is to hold the Prime Minister to account, not to be his cheer leader. When he does the right thing, I will praise him,” she stated. She welcomed reports that Burnh...
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GHANA FACES HEAVY EXTERNAL DEBT PAYMENTS- FINANCE MINISTER. (PHOTO).

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 Ghana Faces Heavy External Debt Payments – Finance Minister


Ghana’s Finance Minister, Cassiel Ato Baah Forson, has warned that the country faces significant external debt servicing costs over the next four years.


Speaking in his first budget presentation to parliament on Tuesday, Forson revealed that Ghana will need to pay $2.5 billion in 2027 and $2.4 billion in 2028, amounting to a total of $8.7 billion (10.9% of GDP) within the period. He also noted that no financial buffers had been put in place to ease the burden.


Ghana is recovering from its worst economic crisis in decades, triggered by the COVID-19 pandemic, the war in Ukraine, rising global interest rates, and years of excessive borrowing.


Meanwhile, President John Dramani Mahama, who assumed office in January, has pledged to revive the economy and create jobs while addressing challenges such as high living costs, an ongoing IMF bailout, and a sovereign debt default in the country’s cocoa and gold sectors.

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