ALL POSTS FILED UNDER: GHANA’S DEBT
Ghana’s debt is $24 billion not $37 billion – Prez. Mahama
Add a CommentThe President, Mr John Dramani Mahama, has dismissed claims that the country’s total debt is $37 billion, explaining that Ghana’s debt portfolio since independence now stands at $24 billion. “There is a lot of exaggeration about borrowing. The borrowing has … Read more →
$8.5bn required to service Ghana’s debt
Add a CommentGhana’s public debt to Gross Domestic Product (GDP) ratio has reached a level considered to be above the sustainability threshold. It is for this reason that the Institute of Fiscal Studies (IFS) has stated that $8.5 billion would be required … Read more →
Ghana’s debt now Gh¢ 88bn
Add a CommentThe public sector debt stock of Ghana stands at Gh¢88.2 billion at the end of March 2015, the Monetary Policy Committee of the Bank of Ghana has revealed. According to the MPC, the debt represents “65.3 percent of GDP. Of … Read more →
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