Check whether Ken Ofori-Atta is back in Ghana – Solomon Owusu to NPP

United Party Director of Communications Solomon Owusu has blamed the previous NPP administration for Ghana’s looming debt repayment burden, saying the country faces Ghc111 billion in deferred obligations in 2027 and 2028.

He argued that the debt restructuring undertaken under the previous government pushed significant repayment obligations into the coming years, creating further pressure on the country’s finances.

Owusu said the previous administration borrowed Ghc137.3 billion in December 2022 as part of its domestic debt operations, questioning whether the money was invested in sectors capable of generating returns to repay the loans.

He claimed that the failure to meet the repayment obligations contributed to the need for debt restructuring.

“Before a country decides to go and borrow, you would have done your feasibility studies to know that the areas that you are going to invest the borrowed monies will yield dividends so that we can pay back,” he said.

He alleged that the previous government failed to use the borrowed funds effectively, leaving the current administration to deal with the consequences.

Owusu further cited figures he attributed to the Finance Ministry, saying Ghana paid $1.4 billion in debt obligations in 2025, while the Finance Minister had reported further payments of about $10 billion in the current year.

According to him, the country must also prepare for Ghc111 billion in debt repayments over the next two years, comprising Ghc58 billion in 2027 and Ghc53 billion in 2028.

He described the approaching obligations as a major challenge for the government, arguing that they would affect the resources available for other development projects.

Owusu used the Agenda 111 hospital project to illustrate his argument, saying the debate should not focus only on whether the hospitals have been completed but also on the financial obligations left behind by the previous administration.

“Ghana has a serious Agenda 111 to deal with in 2027 and 2028. You know why? The debt that they left,” he said.

He also questioned the whereabouts of former Finance Minister Ken Ofori-Atta, suggesting that his return to Ghana would be a test of whether the previous administration had properly accounted for its economic decisions.

“If you are in doubt that the NPP messed the economy of this country up, check whether Ken Ofori-Atta is back to Ghana,” Owusu stated.

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