Business News of Thursday, 23 January 2020Source: www.ghanaweb.comToday in 2017: Ghana’s public debt stock hits Gh¢119.9 billionAs of 2017, Ghana was still wallowing in GH¢119.9 billion debtIt was reported three years ago that the country’s public debt stock went up marginally than that of the year 2016 which was pegged at GH¢110 billion. As of 2017, Ghana was still wallowing in GH¢119.9 billion debt, according to the Bank of Ghana (BoG) summary of Economic and Financial Data. An external debt of GH¢66 billion coupled with 53.9 billion of domestic debt was the breakdown of the total debt of GH¢11.9 billion. Currently, the stock debt has almost doubled standing at about GH¢208 billion as of the last quarter of 2019. Out of this, total external debt amounted to 66 billion Cedis and domestic debt was 53.9 billion Cedis, of the debt stock.

Source: GhanaWeb January 23, 2020 13:52 UTC