{
  "id": 14183121,
  "title": "Excessive borrowing ‘cracked’ Ghana’s economy under Akufo-Addo – Haruna Iddrisu",
  "url": "https://urgent.news/2026/10/13/excessive-borrowing-cracked-ghanas-economy-under-akufo-addo-haruna",
  "topic": "world",
  "section": "World",
  "published": "2026-10-13T10:57:00.000Z",
  "source": {
    "name": "MyJoyOnline Ghana",
    "slug": "myjoyonline-ghana",
    "url": "https://www.myjoyonline.com/excessive-borrowing-cracked-ghanas-economy-under-akufo-addo-haruna-iddrisu/"
  },
  "original_language": "en",
  "account": "Education Minister Haruna Iddrisu has accused the previous government under former President Nana Akufo-Addo of excessive borrowing, which he claims \"cracked\" Ghana's economy. Iddrisu criticized the NPP for their management of public debt, stating that the country had since become debt-sustainable and out of distress. In a recent interview on JoyFM, Iddrisu defended the Mahama administration's economic performance, highlighting improvements in currency stability that enabled businesses to plan and manage their costs.\n\nOn a positive note, the IMF has revised Ghana's economic growth forecast for 2026 upwards to 5.7%, up from the previously projected 4.6%. The new projection also sees year-end inflation dropping to 4.8%, despite global economic pressures and uncertainty. These optimistic forecasts were released in the IMF's latest economic outlook report during the Annual IMF/World Bank Meetings in Bangkok, Thailand.",
  "summary": "Education Minister Haruna Iddrisu has blamed excessive borrowing under former President Nana Akufo-Addo’s administration for Ghana’s economic difficulties.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "Haruna Iddrisu calls for limits on annual university accommodation fee increases",
        "url": "https://urgent.news/2026/10/13/haruna-iddrisu-calls-for-limits-on-annual-university-accommodation",
        "published": "2026-10-13T08:49:05.000Z"
      },
      {
        "outlet": "Adom Online",
        "title": "GoldBod must be more accountable to Ghanaians – Haruna Iddrisu",
        "url": "https://urgent.news/2026/10/13/goldbod-must-be-more-accountable-to-ghanaians-haruna-iddrisu-14182463",
        "published": "2026-10-13T11:08:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}