NEWS

Ghana’s public debt reach GH¢658.6 billion

Ghana’s public debt increased by GH¢46.4 billion in the first two months of 2024, to reach GH¢658.6 billion ($53.1 billion), according to figures from the Bank of Ghana. As a result, the debt to GDP ratio of the nation is 62.7%. According to the Bank of Ghana’s May 2024 Summary …

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“The Cedi’s stability has continued into 2024 with a cumulative depreciation of 14.2%” – Finance Minister

The public has been reassured by Finance Minister Mohammed Amin Adam about the cedi’s resiliency in spite of recent patterns of depreciation. He addressed mounting worries at the Ministry’s monthly economic briefing, highlighting the currency’s significant resilience through 2024. Minister Adam emphasized that despite some volatility, the cedi’s trend has …

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