Ghana’s public debt stock hits Gh¢119.9 billion

A Bank of Ghana (BoG) summary of Economic and Financial Data says Ghana’s total public debt has hit Gh¢119.9 billion as against the latest figure of 110 billion Cedis released in July 2016.

Out of this, total external debt amounted to 66 billion Cedis and domestic debt was 53.9 billion Cedis, of the debt stock.

This means government borrowed about Gh¢9.9 billion alone since July last year.

Below is the summary of Economic and Financial data:

summary of Economic and Financial data