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We’ll review zero financing from BoG when we meet IMF - Osafo-Maafo

The Senior Minister nominee Yaw Osafo-Maafo has stated that the government will make some recommendations on the conditionality from the International Monetary Fund(IMF) demanding zero financing from the central government.

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Ghana’s debt hits Gh¢119.9 bn

The country's public debt stands at Gh¢119.9 billion as against the latest figure of 110 billion Cedis released in July 2016.

According to the latest summary of Economic and Financial data released by the Bank of Ghana.

The figure constitutes an external debt of 66 billion Cedis with the domestic debt reaching 53.9 billion Cedis.

This means government borrowed about Gh¢9.9 billion since July last year.

 

 

 

 

 

Source: Starrfmonline.com

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