Ghana’s whole public debt rose by GH¢42.7 billion within the first quarter of 2025 to GH¢769.4 billion in March 2024, the Financial institution of Ghana has revealed in its Could 2025 Abstract of Monetary and Financial Information.
In January and February 2025, the nation’s whole public debt stood at GH¢752.1 billion and GH¢768.1 billion, respectively.
Nevertheless, in greenback phrases, the entire debt inventory was estimated at US$49.5 billion in March 2025, GH¢100 million larger than in December 2025.
In line with the report, Ghana’s whole debt was equal to 55% of Gross Home Product (GDP).
The enlargement within the measurement of the financial system culminated in a discount within the GDP of the debt.
The information confirmed that the exterior debt stood at US$28.5 billion in March 2025, larger than the US$ $28.3 billion in December 2024. This represents 28.5% of GDP.
The rise within the debt in March 2024 was a results of the depreciation of the cedi throughout the interval.
Nevertheless, home debt elevated to GH¢326.9 billion in March 2025 from GH¢309.5 billion, about 23.4% of GDP.
In January 2025 and February 2025, the home debt stood at GH¢320.1 billion and GH¢328.0 billion, respectively.
For the federal government’s fiscal operations, the fiscal deficit-to-GDP stood at 1.0 % in March 2025. From the info, the federal government spending has been low.
The first steadiness, nonetheless, stood at a surplus of 0.3% of GDP in March 2025.
In the meantime, Ghana’s financial system stood at GH¢1.4 trillion as of March 2025.
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