Finance

Ghana’s total debt stock hits GHC208.6bn

Ghana’s total debt stock has hit GHS208.6 billion, according to new data from the Bank of Ghana.

The stock rose by GHS3.1 billion between July and September.

Per the central bank’s Summary of Economic and Financial Data, the current debt stock represents 60.3 per cent of Ghana’s GDP.

A total of $20.1 billion dollars added to the stock as external debt while the domestic debt shot up from GHS98.3 billion as of July to GHS101.4 billion by September this year.

Ghana’s total debt stock as of November 2018 was GHS170 billion, which was 57.2 per cent of GDP.

 

Source: classfmonline.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

Related Articles

Back to top button