Ghana Owes 112 Bn Cedis, Hits 67.4 % of GDP
Ghana’s total public debt has hit 112.4 billion cedis equivalent to 28.3 billion dollars, as at September 2016. The figure ...
Tag: Government debt
Ghana’s Public Debt Hits GHC112 Billion
The country’s debt stock has reached GH¢112.4 billion as at September this year a summary of economic and financial data ...
Mahama Caused 66% of All Ghana’s Debt
Sixty-six percent of Ghana’s total debt stock since independence has been caused by President John Mahama in his first four-year ...
Ghana Settles On GHC438m In 10 Year Domestic Bond
The Government of Ghana (GoG), thebftonline.com has raised an amount of 438 million Cedis (110 million) in its ten - ...
Maiden 10-Year Bond Fetches Ghana GHS438m At 19% Interest
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued today at ...
Tax Hikes Will Intensify After December – CSOs
Civil Society organisations (CSOs) have indicated that government’s spending cuts and tax rises will intensify after the December 2016 elections ...
Issuing Local Dollar Bond Must Be Measured- Economist Warns
As the contention between some bankers and the Finance Minister continue over the issuance of local dollar denominated bond, Economist, ...
Check Rising Debt Levels – Dalex CEO Tells Government
Government has been advised to check the country’s rising debt stock. Chief Executive Officer (CEO) of Dalex Finance, Ken Thompson, ...
Ghana In Serious Debt Crisis
A new report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country ...
Debt Crisis Hits Ghana
A NEW report, jointly published by seven organizations, has revealed that Ghana is in a debt crisis because the country ...
Local USD-Bond Could Foster Dollarisation
Whereas government has given indication it will do more of the domestic dollar-bonds, on the back of the maiden one’s ...
Kufuor Doubled Debt; I’m Bringing It Down – Mahama
President John Mahama has said accusations that his government has ballooned the country’s debt stock are not true, rather accusing ...
Local USD-Bond Could Foster Dollarization – Analysts Warn
Whereas the government has given the indication it will do more of the domestic dollar-bonds, on the back of the ...
Gov’t May Not Be Able To Tackle Public Debt In Good Time
Chief Executive of Dalex Finance, Ken Thompson, has cast doubt over government’s ability to tackle the public debt in good ...
NPP Can Deliver On Promise To Reduce Taxes – Kwaku Kwarteng
The New Patriotic Party (NPP) is confident it can fulfill its promises to significantly cut taxes despite huge debts by ...
Ghana’s Debt To GDP To Hit 70% Mark – Economist
Ghana’s debt to GDP ratio could hit the 70 percent threshold if the base rate for calculating the figure, is ...
Local Investors Lap Up First USD Bond
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted ...
IMF Hopeful Ghana Will Return To Economic Prosperity
The International Monetary Fund (IMF) is hopeful about Ghana’s return to economic prosperity as the government maintains strict fiscal discipline ...
Ghana Not At Risk of ‘HIPC’
The World Bank President says he does not think Ghana and other African countries with high debt levels are at ...
Ghana, Other African Countries Not At Risk of ‘HIPC’
The World Bank President says he does not think Ghana and other African countries with high debt levels are at ...