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Another economic crisis looms, govt is over-borrowing from local market – IEA warns

The Institute of Economic Affairs (IEA) has raised concerns over the Ghanaian government's excessive borrowing from the domestic debt market, particularly at the short...

Ghana’s public debt surges by GHC46.4bn in 2 months to hit GHC658.6bn

Ghana's public debt increased by GH¢46.4 billion in the first two months of 2024, reaching GH¢658.6 billion ($53.1 billion), according to data from the...

Pay your debt on time and stop borrowing – IMF tells gov’t

The International Monetary Fund (IMF) has cautioned the Ghanaian government to strictly restrict borrowing on non-concessional terms and ensure timely debt payments.The Fund...

Borrowings in first half of 2023 fell by 39.1% – Central Bank

The Bank of Ghana has reported a contraction of total borrowing in the banking sector during the first half of the year.In its Monetary...

Government borrowing to give tax cuts to the wealthy says labour

Chancellor Kwasi Kwarteng is accused of squandering a chance to lay out a "real response to the cost of living problem" by Labour's Shadow...

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