Press focuses on Ghana’s high public debt stock, others Ghana-Press-Review February 02, 2021 to 10:37 476 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.
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Ghana’s Speaker of Parliament, Mr Alban Bagbin, has chastised the Office of the President for failing to communicate three particular names on his recently-released list of Council of State nominees to his office first, as part of the constitutional requirement to consult Parliament on such, before publication in the media of those nominees.
On Monday, 1 February 2021, President Nana Addo Dankwa Akufo-Addo, pursuant to Article 89(2) of the Constitution, appointed eleven people to form the Council of State.
They include: Nana Otuo Siriboe II, Juabenhene; Archbishop Justice Ofei Akrofi, Mr Sam Okudzeto, Mr Stanley Blankson, Prof. Ato Essuman, Alhaji Aminu Amadu, Dr Margaret Amoakohene, Mrs Georgina Kusi, Mrs Alberta Cudjoe, Kuoro Richard Babini Kanton VI, and Alhaji Sule Yiremiah.