Ghana’s public debt stock increased to GH¢674.1 billion as of February 2026. This is equivalent to 42.2% of Gross Domestic Product (GDP). In dollar term, the public debt stock stood at US$63.1 billion in February 2026. According to the Bank of Ghana’s May 2026 Summary of Economic and Financial Data, the country’s debt stood at […]
The Auditor-General has reported significant misstatements and weaknesses in the 2024 Whole-of-Government Accounts (WGA), including an overstatement of Ghana’s public debt by GH¢138.91 billion, as well as deficiencies in financial reporting and asset management. The findings, contained in the Report of the Auditor-General on the Public Accounts of Ghana for the Year Ended 31 December […]
A summary of economic and financial data published by the Bank of Ghana puts the country’s total public debt at GH₵198 billion as at the end of March 2019. This means that GH₵24.8 billion was added to the public debt in the first three months of 2019. While the nominal debt figure continues to rise, […]
The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has warned that government’s appetite for loans will cripple the country’s future and saddle generations yet unborn with debt. According to him, government borrows to finance consumption instead of capital investment. Speaking at a forum organised by the Coalition for Restoration, under the theme […]
