Ghana’s mounting debt servicing obligations are tightening fiscal space, but Dr Frank Adu, Senior Researcher at the African Center for Economic Transformation (ACET), believes debt-relief frameworks could be designed to unlock resources for water security and environmental protection.
Speaking at a press briefing organized by the African Forum and Network on Debt and Development (AFRODAD) during the 39th African Union Summit, Dr Adu argued that debt restructuring should not only provide fiscal reprieve but also deliver measurable environmental gains.
He stressed that frameworks must include clear allocation routes and transparency mechanisms that legally earmark savings for water,…