Tag: Debt stock

In an effort to justify the accumulated debt by the government, Development Economist, Dr. Frank Bannor aimed to clarify the reasons behind the perception that the public debt appears to ...

In a strategic move to meet fiscal commitments and steer economic challenges, the government of Ghana has embarked on an ambitious borrowing spree, aiming to secure GH¢12.7 billion through treasury ...

Associate Professor of economics at the University of Ghana, Eric Osei-Assibey, has revealed that the country’s fiscal policy is overly expansive as government is sometimes forced to spend more. According ...

Finance Minister, Ken Ofori-Atta has revealed that Ghana’s economy grew by 7% on average between 2017 and 2019. According to him, this is the highest and sustained growth period in ...

Finance Minister, Ken Ofori-Atta has stated that the government will fast-track the implementation of the US$200 million Jobs and Skills Program to enhance the creation of jobs in the country ...

Ghana risks being unable to raise in full the much anticipated $5 billion from the international capital markets to support the 2021 budget due to the country’s unsustainably high debt ...

The provisional nominal debt stock as of End-December 2020 stood at GH¢291,614 million, representing 76.1 percent of GDP. This is compared to the debt stock of GH¢217,991 million, equivalent to ...

Ghana’s overall debt stock is likely to continue rising into 2022 as COVID-19 pandemic-related spending continues unabated and the realization of energy sector liabilities dominate the country’s debt structure, Fitch ...

Recent forecast on Ghana’s debt to rise to about 80 percent of Gross Domestic Product by Moody’s ratings Agency may be fast approaching than anticipated. Ghana’s debt to GDP rose ...

Ghana’s debt has hit unsustainable levels with debt to GDP now reaching 74.4 percent, up from the 73.5 percent recorded in October 2020. The country’s debt increased from GH¢283.4 billion ...