Ghana’s debt rises to GH¢332 billion; about GH¢28 billion added between April and May 2021 [Breakdown]


Read Time: < 1 minute
Akufo-Addo to address the nation tonight

Ghana’s public debt stock shot up by ¢27.8 billion in April 2021 and May 2021 to ¢332.4 billion, the latest Summary of Economic and Financial Data by the Bank of Ghana has revealed.

This is equivalent to $57.9 billion, about 76.66 per cent of Gross Domestic Product.

In March 2021, the total debt stock stood at ¢304.6 billion, and the significant increase in the debt stock is due to the $3 billion Eurobond raised in March 2021 as well as the huge borrowing on the domestic market.

In April 2021, the public debt stock was ¢328.0 billion. This means ¢23.4 billion new debt was added to the total debt stock.

However, in the recent Government Issuance Calendar, the government is expected to slow down its borrowing in the third quarter of this year [July 2021 to September 2021] as it’s expected to borrow less than a billion cedi for the entire three months.

The domestic debt went up by ¢7.2 billion to ¢170.8 billion at the end of May 2021 despite some under subscription of Treasury bills sale. This is equivalent to 39.4% of GDP.


48 thoughts on “Ghana’s debt rises to GH¢332 billion; about GH¢28 billion added between April and May 2021 [Breakdown]

  1. I urge you stay away from this platform. The experience I had with it was nothing but frustration along with suspicion of fraudulent activities. Be extremely cautious, or better yet, find a more reputable site to fulfill your requirements.

  2. I strongly recommend to avoid this platform. My personal experience with it has been nothing but disappointment and suspicion of deceptive behavior. Exercise extreme caution, or even better, find a trustworthy platform for your needs.

  3. I highly advise to avoid this site. The experience I had with it has been only frustration along with concerns regarding scamming practices. Be extremely cautious, or alternatively, find a trustworthy site for your needs.

  4. I urge you to avoid this site. My own encounter with it has been only frustration as well as concerns regarding deceptive behavior. Be extremely cautious, or alternatively, find an honest service for your needs.

  5. I strongly recommend stay away from this site. My personal experience with it has been nothing but disappointment as well as concerns regarding fraudulent activities. Be extremely cautious, or alternatively, seek out a trustworthy platform to meet your needs.

  6. I urge you to avoid this site. The experience I had with it was purely disappointment and doubts about fraudulent activities. Be extremely cautious, or better yet, find a trustworthy site to fulfill your requirements.

  7. I urge you stay away from this site. The experience I had with it was only disappointment along with suspicion of fraudulent activities. Be extremely cautious, or better yet, seek out an honest site for your needs.

  8. I highly advise to avoid this site. My own encounter with it has been nothing but dismay along with suspicion of scamming practices. Be extremely cautious, or alternatively, find a trustworthy site to fulfill your requirements.

  9. I strongly recommend to avoid this platform. My own encounter with it has been nothing but disappointment as well as suspicion of fraudulent activities. Be extremely cautious, or even better, look for an honest site for your needs.

  10. I strongly recommend stay away from this site. My own encounter with it was only frustration along with doubts about scamming practices. Proceed with extreme caution, or alternatively, seek out a more reputable site for your needs.

  11. I highly advise to avoid this site. The experience I had with it has been only dismay as well as suspicion of scamming practices. Be extremely cautious, or even better, find a more reputable site to meet your needs.

  12. I highly advise steer clear of this site. The experience I had with it was purely frustration and concerns regarding scamming practices. Exercise extreme caution, or even better, find a trustworthy service for your needs.I strongly recommend steer clear of this platform. My own encounter with it was only disappointment as well as doubts about deceptive behavior. Be extremely cautious, or even better, look for a more reputable site for your needs.

  13. I highly advise steer clear of this platform. My own encounter with it was only dismay along with concerns regarding fraudulent activities. Be extremely cautious, or alternatively, look for an honest platform to meet your needs.I urge you to avoid this site. My own encounter with it has been only frustration as well as concerns regarding fraudulent activities. Be extremely cautious, or even better, find a trustworthy platform to meet your needs.

  14. I highly advise stay away from this platform. The experience I had with it has been purely frustration as well as concerns regarding deceptive behavior. Be extremely cautious, or alternatively, find a trustworthy site for your needs.

  15. I strongly recommend to avoid this site. My own encounter with it was nothing but frustration and suspicion of fraudulent activities. Be extremely cautious, or better yet, seek out a trustworthy site for your needs.

  16. I urge you to avoid this site. My own encounter with it was purely disappointment and concerns regarding scamming practices. Exercise extreme caution, or alternatively, look for an honest service to meet your needs.

  17. I urge you stay away from this platform. My own encounter with it has been purely disappointment along with doubts about scamming practices. Exercise extreme caution, or alternatively, find a more reputable site for your needs.

  18. I urge you stay away from this site. My personal experience with it was nothing but dismay along with doubts about deceptive behavior. Be extremely cautious, or even better, seek out a more reputable platform for your needs.

  19. I strongly recommend stay away from this site. My own encounter with it has been only frustration along with concerns regarding deceptive behavior. Exercise extreme caution, or better yet, look for a more reputable service to fulfill your requirements.

Leave a Reply

Your email address will not be published. Required fields are marked *