Ghana’s public debt to reach 99% of GDP in 2023 – Fitch

October 25, 2023 Rating agency, Fitch, expects Ghana’s public sector debt to reach 99% of Gross Domestic Debt at the end of 2023, from 88% in 2022. This it says will be driven by a depreciation of the...

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October 25, 2023 / Comments (0)

IMF Regional Economic Outlook Report — Ghana in perspective

May 2, 2023 Sub-Saharan African countries are facing a funding squeeze due to persistent global inflation and tighter monetary policies, resulting in higher borrowing costs and pressure on exchange...

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May 2, 2023 / Comments (0)

Ghana’s debt stock hits GH¢332 billion, debt to GDP now 76.6%

July 26, 2021 Ghana’s total public debt stock has increased once again according to new data released by the Bank of Ghana. The debt stock which ended the first quarter of 2021 at GH¢ 304.6 billion,...

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July 26, 2021 / Comments (0)

Rise in public debt stifling growth

June 5, 2018 Sub-Saharan Africa is confronting a pronounced rise in public debt. At the end of 2017, average public debt in the region was 57% of its GDP – an increase of 20 percentage points in just...

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June 5, 2018 / Comments (0)