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Friday, January 2, 2026

Ghana’s public debt hits GHS721bn; ECG owes GHS68bn, COCOBOD GHS32.5bn – Mahama

President John Dramani Mahama has delivered a stark assessment of Ghana’s economic situation, describing the nation as “broken on many fronts” due to staggering debt and financial mismanagement.

Presenting his first State of the Nation Address (SONA) of his second term to Parliament in Accra on Thursday, February 27, he painted a grim picture of the country’s finances, pointing to unsustainable debt levels and mismanagement of key state institutions.

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