'Government in a haste to borrow again' - Walewale MP slams bond issuance decision - News Summed Up

'Government in a haste to borrow again' - Walewale MP slams bond issuance decision


Business News of Monday, 2 March 2026Source: www.ghanaweb.comThe Member of Parliament for Walewale, Tiah Abdul-Kabiru Mahama, has criticised government’s decision to resume domestic bond issuance, warning that it could signal a return to rapid debt accumulation. His comments follow a press release issued on Monday March 2, 2026, by the Ministry of Finance (Ghana) announcing the expiration of DDEP-induced restrictions on new domestic bond issuance. In the statement, the Ministry explained that the three-year restriction was introduced in 2023 after Ghana’s debt default and the subsequent Domestic Debt Exchange Programme (DDEP). “In other words, government is eager to start borrowing with medium to long term instruments in the domestic market. He added, “One would have thought that the government’s rhetorical policy of cutting spending, will translate into a reduced appetite for borrowing.


Source: GhanaWeb March 03, 2026 09:09 UTC



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