From the last monetary policy report by the Bank of Ghana, we’ve noticed that debt was gradually increasing and that is a major threat to our economy,” Dr Preprah said. He continued, “What I have been advising is to go to IMF and World Bank for some funds. Meanwhile, latest figures released by the Bank of Ghana show that the country’s total public debt stock has increased again. Ghana’s debt stock reached GH¢304.6 billion at the end of the first quarter of 2021. For the period ending May 2021, the central bank’s figures showed the country’s public debt stock rose to some GH¢332.4 billion.

Source: GhanaWeb July 28, 2021 09:49 UTC