Should we be worried about Ghana’s Debt?

Ghana’s public debt as at December 2015 was GH¢97.2 billion ($25.6 billion). The domestic component of this debt i.e. the part of the debt owed to Ghanaian individuals or companies who buy treasury bills and other government securities was GH¢39.4 billion or roughly 41%. The other GH¢57.8 billion is owed to foreign individuals, companies and governments.

The total public debt is 72.9% of Gross Domestic Product (GDP). What this means is that read more.

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Jerome Kuseh

Accountant | Economist-in-Training | Finance Blogger
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