Ghana’s total public debt rose to 94.5 billion cedis ($23.7 billion) by end-June, equivalent to 71 percent of gross domestic product (GDP), up sharply from 67 percent the previous month due to currency depreciation, the central bank said on Friday.Ghana … Read more →
Ghana’s public debt stock increased by about GHC 2.1 billion from June to August this year. This measures about 3 percent increase in the debt level from GHC 63.6 billion to GHC 65.7 billion. This was revealed by the Bank of … Read more →
The Minority in Parliament says Ghana risks having its international credit rating downgraded, if government does not halt the “excessive borrowing from both domestic and international markets”. The Minority is projecting that Ghana will lose its current B+ credit rating … Read more →