Ghana's debt hits GHS142bn

Ghana’s public debt stock is now GHS142.5 billion as of December 2017, the Bank of Ghana’s latest Summary of Economic Data has revealed.

The latest figure translates to a debt-to-GDP of 70 per cent.

While external debt stood at $17.2 million representing 37 per cent of the total debt stock as of December 2017, internal debt hit GHS66.7 billion, representing a Debt-to-GDP ratio of 32.7 per cent.

Read Bank of Ghana’s latest Summary of Economic Data below

Ghana's Debt Hits GHS142bn by GhanaWeb Editorial on Scribd