Ghana’s rising public debt; Prof Kusi sheds light on implications, way forward
Ghana’s total debt hit GHȻ273.8 billion (71% of GDP) at end-September 2020 from GHȻ209.1 billion (62.4% of GDP) in September 2019, indicating an increase of GHȻ64.7 billion (30.9%) in one year. Within the period, domestic debt increased from GHȻ101.4 billion (29% of GDP) to GHȻ135.3 billion (35.1% of GDP), representing an increase of GHȻ33.9 billion (33.4%) and a share of 49.4%, slightly higher than the 48.5% share ...
