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Tag Archives: Public Debt

Mid-Year Budget: Ghana’s Public Debt Hits GH¢742bn From GH₵658.6bn – Finance Minister Reveals

Dr Mohammed Amin Adam, the Finance Minister, has disclosed that the central government’s provisional total debt stood at GH¢742 billion (US$50.9 billion) as of June this year. This figure represents 70.6 per cent of the Gross Domestic Product (GDP). While delivering the 2024 mid-year budget review in parliament in Accra …

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Ghana’s Public Debt Hits GH¢658.6 billion

Ghana’s public debt has seen a significant increase of GH¢47.4 billion within the first two months of 2024, reaching a total of GH¢658.6 billion. This accounts for 62.7% of the Gross Domestic Product (GDP) by February 2024. The external debt stands at GH₵380 billion, which is equivalent to 36.1% of …

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