S&P Sees Ghana Spending One-Fifth of Revenue on Debt Interest Through 2029
S&P Global Ratings says Ghana’s interest payments will average 20% of revenue over four years, down from a 48% peak in 2021, helped by debt restructuring and a stronger cedi.
S&P Global Ratings says Ghana’s interest payments will average 20% of revenue over four years, down from a 48% peak in 2021, helped by debt restructuring and a stronger cedi.
Ghana’s Treasury raised GH¢2.90bn against a GH¢2.75bn target as yields fell across all maturities, but nearly two-thirds of the borrowing matures in 91 days.