Sat, 25 May 2019
Source: classfmonline.com
Ghana’s total public debt is now US$38.9 billion (GHC198 billion), GHC2 billion shy of GHC200 billion as of March 2019, the Bank of Ghana’s Summary of Economic and Financial Data – May 2019, has shown.
It represents 57.5 per cent of Ghana’s GDP as of March 2019.
In January this year, the total public debt was GHS176.6 billion (US$35.7 billion) and GHC180.7 billion (US$35 billion) for February.
The figure for January and February represented 51.3 per cent and 52.5 per cent of GDP.
A total of GHC21.4 billion was added to the public debt in the first three months of 2019.
The current debt is inclusive of the US$3 billion Eurobond issued by the government in March this year.
Source: classfmonline.com
Related Articles:
- Akufo-Addo has moved us from 'Ghana Beyond Aid' to 'Ghana Beyond Borrowing' – Haruna Iddrisu
- Crash of newly-imported train: Here are the four additional people remanded
- Driver, spokespersons: The 3 close aides of Akufo-Addo aiming to enter Parliament
- Crash of newly-imported train: 4 more people remanded
- You still have the nerves to speak like this – Randy Abbey slams Danquah Institute
- Read all related articles