Government Borrows GH₵59.68 Billion from Domestic Market in Seven Weeks

Government Borrows GH₵59.68 Billion from Domestic Market in Seven Weeks
Finance Minister, Ato Forson

Accra, Ghana – The Government of Ghana has raised GH₵59.68 billion from the domestic market within the past seven weeks, as part of efforts to finance its budget and manage the country’s debt obligations.

The funds were mobilized through treasury bills, bonds, and other domestic financial instruments, reflecting continued reliance on the local market for government financing. Analysts suggest that the high domestic borrowing trend may impact interest rates and liquidity in the financial sector.

The government’s borrowing strategy comes amid ongoing discussions about fiscal sustainability and efforts to stabilize the economy. Stakeholders, including economists and market watchers, continue to assess the implications of the rising domestic debt on Ghana’s economic outlook.