Ghana’s debt stock hits GH¢236.1bn in 1st quarter of 2020

Ghana’s debt stock has shot up to 236.1 billion cedis from 219.2 billion cedis for the first quarter of 2020, according to new figures by the Bank of Ghana.

The increase means that Ghana has added 16.9 billion cedis between January to March of 2020.

The figures contained in the Central Bank’s Summary of Economic and Financial Data represents an increase of 59.3 per cent of the GDP.