In the past week, I engaged in several media discussions on Ghana’s escalating public debt. My analysis underscored that, notwithstanding the relative appreciation of the cedi, the debt position—when expressed in U.S. dollar terms—reflects an accumulation of approximately USD 11.94 billion in 2025. Dr Frank Amoakohene clashes with Paul Adom-Otchere onlineIt is therefore both surprising and troubling that GhanaWeb sought to discredit this position. Specifically, your publication erroneously attributed to me the claim that Ghana’s total public debt stood at USD 61.3 billion in March 2026. In this context, it is entirely accurate to state that the country accumulated nearly USD 12 billion in additional debt in 2025.

Source: GhanaWeb March 29, 2026 11:18 UTC