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Business News of Monday, 23 January 2017

Source: starrfmonline.com

Ghana’s debt hits Gh¢119.9 bn

Ghana's Debt as of July 2016 stands at Gh Ghana's Debt as of July 2016 stands at Gh

The country's public debt stands at Gh¢119.9 billion as against the latest figure of 110 billion Cedis released in July 2016.

According to the latest summary of Economic and Financial data released by the Bank of Ghana.

The figure constitutes an external debt of 66 billion Cedis with the domestic debt reaching 53.9 billion Cedis.

This means government borrowed about Gh¢9.9 billion since July last year.

Below is the summary of Economic and Financial data:

BOG_Summary of Economic and Financial Data_January 2017