The country’s debt fell to GH¢40bn between September and November 2025
The Bank of Ghana (BoG) has revealed that Ghana’s public debt trajectory showed further signs of stabilisation in November 2025.
According to its latest Summary of Economic and Financial Data for the period ending January 2026, Ghana’s total public debt stood at GH¢644.6 billion as of November 2025.
This marks an improvement in the country’s debt sustainability and boosts investor and business confidence.
Between March and May 2025, the country’s public debt stock fell by GH¢156.4 billion to GH¢612 billion.
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The data showed that external debt stood at US$29.3 billion in November 2025, slightly lower than US$29.5 billion in October 2025.
On a month-to-month basis, debt increased by about GH¢14.4 billion between October and November 2025.
However, it declined by about GH¢40 billion between September and November 2025, driven by reduced borrowing and stronger cash management.
In dollar terms, total debt stood at US$57.2 billion in November, down from US$57.8 billion in October, though slightly above the US$55.1 billion recorded in September.
Domestic debt also declined to GH¢314.5 billion, representing 22.2% of GDP, compared with GH¢317.6 billion two months earlier.
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Source:
www.ghanaweb.com