Press focuses on Ghana’s high public debt stock, others
Ghana-Press-Review
February 02, 2021
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APA – Accra (Ghana)
The increase in public debt stock and the appointment of 11 people by President Nana Addo Dankwa Akufo-Addo to serve on the Council of State for his second term in office are some of the trending stories in the Ghanaian press on Tuesday.
The Graphic reports that Ghana’s public debt stock peaked in December last year after increased debt accumulation to plug revenue shortfalls and finance a larger fiscal deficit expanded the amount that the country owes to domestic and external creditors.
The Bank of Ghana (BoG) data released on January 29 showed that the debt stock ended the year at GH¢286.9 billion, the highest since the bank started releasing data on how much the country owes.