Fiscal Policy
Ghana's total debt hits $145 billion[quote][/quote]
Abu Mubarik | 14:14 | 19.05.2018

A summary of economic and fiscal data on the central bank's website noted that the new debt amounts to 60 percent of Gross Domestic Product (GDP).

Ghana's total public debt has hit $145 billion in February from $143.9 in billion in January 2018, the Bank of Ghana has published.

READ MORE: Embattled Ex-Deputy Governor alleges BoG is broke

A summary of economic and fiscal data on the central bank's website noted that the new debt amounts to 60 percent of Gross Domestic Product (GDP).

Of the total debt, external debt amounted to $76.9 billion, thus 31.8 percent of GDP, while domestic debt was 68.2 percent, thus 28.2 percent.

The International Monetary Fund this month warned Ghana and other African countries high debt rate despite economic growth.

READ MORE: Cal Bank MD calls for restructuring of overburdened BoG

The high debt rate has been attributed to sub Saharan's bid to tap international debt markets and issue record levels of debt in foreign currencies, as well as granting high yields to investors.


http://www.pulse.com.gh/news/business/ghanas-debt-hits-145-billion-id8397398.html?utm_source=twitter&utm_medium=social&utm_campaign=pulse-ghana_web

lalasticala

And hw does that affect d price of gari in d market....must u post on nairaland.....who dt one epp

Hmmm

[s]

CilicMarin:
Fiscal Policy
Ghana's total debt hits $145 billion
Abu Mubarik | 14:14 | 19.05.2018

A summary of economic and fiscal data on the central bank's website noted that the new debt amounts to 60 percent of Gross Domestic Product (GDP).

Ghana's total public debt has hit $145 billion in February from $143.9 in billion in January 2018, the Bank of Ghana has published.

READ MORE: Embattled Ex-Deputy Governor alleges BoG is broke

A summary of economic and fiscal data on the central bank's website noted that the new debt amounts to 60 percent of Gross Domestic Product (GDP).

Of the total debt, external debt amounted to $76.9 billion, thus 31.8 percent of GDP, while domestic debt was 68.2 percent, thus 28.2 percent.

The International Monetary Fund this month warned Ghana and other African countries high debt rate despite economic growth.

READ MORE: Cal Bank MD calls for restructuring of overburdened BoG

The high debt rate has been attributed to sub Saharan's bid to tap international debt markets and issue record levels of debt in foreign currencies, as well as granting high yields to investors.


http://www.pulse.com.gh/news/business/ghanas-debt-hits-145-billion-id8397398.html?utm_source=twitter&utm_medium=social&utm_campaign=pulse-ghana_web

lalasticala

[/s]
CilicMarin wetin concern Ghana and apc blood congress
or wetin concern Ghana with your mentor the worst president since mankind Buhari

how far bro hope you're done crying

Fayose will beat you more come July
then 2019 will be a massive koboko to you when the criminal in aso rock will loose woefully
CilicMarin aka ngeneukwenu Clerverly ikpunnu ikpummiri focus on the dullard and leave Ghana mata to Ghanaians

Buhari is a terrorist
aisha is a shameless corrupt prostitute
kiss the truth

cc
madridguy

olasco18:
And hw does that affect d price of gari in d market....must u post on nairaland.....who dt one epp

Ghana's economy is somehow tied to Nigeria's economy


Some banks and companies in Ghana have their roots and headquarters in Nigeria

So don't attack the op

Okoroawusa:

Ghana's economy is somehow tied to Nigeria's economy


Some banks and companies in Ghana have their roots and headquarters in Nigeria

So don't attack the op

Ipob yoots are brainless, you should have known.

[s]

CilicMarin:


Ipob yoots are brainless, you should have known.

[/s]
shatap

i stand with all apc factions
destroying Buhari psychologically and emotionally is a task everyone should embark on if you still want a better tomorrow
Stop talking Nonsense

CilicMarin how's apc congress yesterday
which faction are you in?

apc must die for a common man to rise
apc is bokoharam and fulani herdsmen
kiss the truth

Ghana's debt looks staggering but God knows best. Aregbesola appears to be a Ghanaian.

madridguy come here and kneel down

ah well there is gold and Puff Puff

CodeTemplar:
Ghana's debt looks staggering but God knows best. Aregbesola appears to be a Ghanaian.

Aregbesola is a nincompoop

CilicMarin:

Ipob yoots are brainless, you should have known.

lol

Ghana is sitting on a keg of gun powder even naija debt is not this much

Ghana is a useless country, it's about time Wizkid buy that country and turn it to catfish pond.

Chai....



Ghana people don't enter naija trap....

Blackfire:
Chai....



Ghana people don't enter naija trap....

Agreed, the trap of the clueless era. But you will agree that we free of it by now.

Dangote should buy the useless country and turn it to hausa kingdom. He should please appoint me as an emir

At least there learning a lot from Nigeria borrowing inclusive.

Bari22:
Dangote should buy the useless country and turn it to hausa kingdom. He should please appoint me as an emir

watch ya mouth period! Ghana is 100 times better than the shytehole called nigeria.

And where did you people get this information from? According to the Bank of Ghana, Ghana's public debt, as at February, was $31 billion. I don't know why you Shitnigerians hate Ghana so much. Is Ghana responsible for the crises in your God-forsaken shytehole? Don't even be try to provoke me oooh. Or else I will descend on you hard and fast. Ever heard of petrodolla? Fuckeduppedness!

Nigeria is a weak shithole country every shit is weak. even common media Togo is far better than them....and whoever own this shithole site is blockheaded brainless should stop putting Ghana stuff here

This is the wrong figure. Why is Buhari always right. Nigeria's youth is lazy, dumb and completely incorrigible. If na to comment on woman's breast for big brother Nigeria dem go sabi.

145bn cedis is now $145bn to products of Nigeria's inferior educational system. No wonder GEJ is their hero.

Another fake news. The debt is GH₵145bn which is equivalent to about $32bn+. CilicMarin stop spreading fake news to promote Buhari. Integrity should never be sacrificed on the altar of political gains.