Read Time: < 1 minute
Ghana’s total public debt stock reached an all time high of GH¢291.6 billion, in December 2020, approximately 76.1% of GDP, the Bank of Ghana said.
According to the figures, external debt alone stood at GH¢141.8 billion, approximately US$24.7 billion. This is also equivalent to 37.0% of GDP.
The domestic debt was however slightly higher at GH¢149.8 billion at the end of 2020, about 39.1% of GDP.
The financial sector debt also stood at GH¢15.3 billion in December 2020