Ghana’s debt hits GHS142bn | Business News 2018-03-24

Ken Ofori Atta 99Finance Minister, Ken Ofori-Atta

Ghana’s public debt stock is now GHS142.5 billion as of December 2017, the Bank of Ghana’s latest Summary of Economic Data has revealed.

The latest figure translates to a debt-to-GDP of 70 per cent.

While external debt stood at $17.2 million representing 37 per cent of the total debt stock as of December 2017, internal debt hit GHS66.7 billion, representing a Debt-to-GDP ratio of 32.7 per cent.

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